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        Author Archive for: "[email protected]"
        0
        By Christopher Graeme
        In Aviation, News, TAP
        Posted 22 Maio, 2024

        TAP’s president given short shrift by government after disappointing Q1 results

        The President of Portuguese national carrier TAP Air Portugal Luís Rodrigues was sent away with a flea in his ear by the government after telling the Financial Times that he would prefer the [...]

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        0
        By Christopher Graeme
        In News, Property, Property Management, Real Estate
        Posted 22 Maio, 2024

        OQ Managing Properties – Orchestrating a symphony of services

        Property management companies have mushroomed in Portugal over the past decade. But when dealing with exacting High-Net-Worth Individuals the standard is high and not everyone clears the bar. OQ [...]

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        0
        By Christopher Graeme
        In Companies, Logistics, News
        Posted 22 Maio, 2024

        Luís Simões beefs up presence on the Iberian Peninsula

        The Portuguese road logistics operator Luís Simões has expanded its logistics network with four new Logistics Operations Centres (LOC): three in Portugal (Algoz, Azambuja and Albergaria) and one [...]

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        0
        By Christopher Graeme
        In News, Start-Up, Venture Capital
        Posted 22 Maio, 2024

        Startup Hefring Marine raises €2.2 million in Portugal expansion plan

        The Icelandic marine technology startup Hefring Marine has raised €2.2 million in an investment round led by Faber to support its expansion plan to open an office in Portugal. The funding will [...]

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        0
        By Christopher Graeme
        In Development banks, News, Public companies
        Posted 22 Maio, 2024

        Development bank directors appointed to SOFID board

        Directors at Portugal’s development bank, Banco de Fomento, have taken up non-salaried positions as executive directors at SOFID. SOFID is a Portuguese financial development institution whose [...]

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        0
        By Christopher Graeme
        In Companies, Construction, News
        Posted 22 Maio, 2024

        Mota-Engil profits up 54% in Q1

        The Portuguese construction company Mota-Engil saw profits soar by 54% in the first quarter of the year. Bringing in €20 million, it was the company’s best Q1 results in its history. Business [...]

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        0
        By Christopher Graeme
        In FDI, Investment, News
        Posted 22 Maio, 2024

        FDI falls by €1.1Bn in Q1 but property investment continues buoyant

        Foreign Direct Investment in Portugal fell €1.1Bn in the first quarter of 2024 according to statistics from the Bank of Portugal (BoP). This was the first fall since the pandemic, despite [...]

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        0
        By Christopher Graeme
        In News, Ports, Shipping
        Posted 22 Maio, 2024

        Business booming at Portugal’s ports because of Red Sea crisis

        Portugal’s ports of Lisbon and Sines have seen an increase in business of 20% in the first two months of the year thanks to the crisis in the Red Sea. Attacks on commercial shipping by Houthi [...]

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        0
        By Christopher Graeme
        In Bonds and Gilts, News, Sovereign debt
        Posted 20 Maio, 2024

        Interest on Portugal’s borrowing climbs

        Interest rates on Portugal’s 10-year sovereign bonds have gone up for bonds with two, five and 10 year maturities by just over 3% for 10-year bonds, similar to increases on national debt suffered [...]

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        0
        By Christopher Graeme
        In House prices, Housing market, Luxury property, News
        Posted 20 Maio, 2024

        Lisbon in top 30 cities worldwide where luxury house prices have most risen

        The prices of luxury houses in Lisbon are growing according to the Knight Frank Global Cities Index in which Lisbon comes in 28th place worldwide. Lisbon posted an annual growth rate of 1.8%, [...]

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