Portugal’s Novabase Group is preparing a capital raise to pay shareholders with new shares. According to business daily Negócios, the operation starts today with current investors able to get the [...]
Most hotels in Portugal have summer bookings above 50% with hopes for a bumper summer according to a survey from the Portugal Hotel Association (AHP). “Expectations for peak season from our [...]
An unfinished luxury €10 million 5-star boutique hotel from Amorim Luxury on Lisbon’s Avenida da Liberdade went up in flames on Friday morning. The turn-of-the-20th-century mansion at 189 Avenida [...]
Portugal’s exports increased 15.5% and imports were up 13.5% according to the latest statistics published on Friday by the National Statistics Institute (INE). In March, this variation had been [...]
Portugal’s bank Novobanco has informed that it was decided at its general shareholders meeting on Friday to reorganise the bank’s respective capital. In a communique posted on the securities [...]
Portugal’s Prime Minister, Luís Montenegro, has brushed off warnings from its central bank governor that the government’s ambitious wage hikes and tax cuts could put the country back in the red. [...]
The private healthcare company CUF, which has a string of private hospitals and clinics throughout Portugal, has successfully completed a financing operation bringing in €60 million from 2,750 [...]
Óbidos Municipal Council has sold two new parcels of land at auction for construction at Óbidos Parque – Parque Tecnológico de Óbidos (Óbidos Technology Park). Both parcels of land were [...]
The Swiss group Conextivity, which produces connectors and cables, and chose Portugal for a new production factory with the eventual creation of up to 400 jobs, officially inaugurated it this [...]
The Resolution Fund set up to provide liquidity to Novobanco in the wake of the collapse of Banco Espírito Santo in 2014, recently invested €128.67 million to acquire 4.14% of the capital of [...]
