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        Author Archive for: "[email protected]"
        0
        By Christopher Graeme
        In House prices, Housing market, News
        Posted 26 Abril, 2024

        House prices up 10% in 130 districts in 2023

        House prices in Portugal increased by 10% in 130 districts of the country last year, although overall the pace of property inflation slowed according to the National Statistics Institute (INE). [...]

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        0
        By Christopher Graeme
        In Events, Moving to Portugal, News, Relocating
        Posted 24 Abril, 2024

        Martinhal joins LIVING IN PORTUGAL shows in the USA & Canada

        The Martinhal group will be joining the 4th LIVING IN PORTUGAL road trip in the USA & Canada organized by Open Media from June 15th – 22nd 2024. Open Media is a long-established media company [...]

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        0
        By Christopher Graeme
        In Companies, IPO, News, Private healthcare groups
        Posted 24 Abril, 2024

        Luz Saúde suspends IPO over adverse market conditions

        Portugal’s private healthcare group Luz Saúde has shelved plans for an Initial Public Offer (IPO) because of “adverse market conditions”. The company, which is controlled by the insurer [...]

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        0
        By Christopher Graeme
        In Banks, Development banks, News, Venture Capital
        Posted 24 Abril, 2024

        Lince Capital to sue Banco de Fomento for over €1 million in compensation

        The Portuguese venture capital company Lince Capital has slapped a lawsuit on Portugal’s State-owned development bank Banco de Fomento demanding over €1 million in damages. Online news source ECO [...]

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        0
        By Christopher Graeme
        In Advisory bodies, News, State Budget
        Posted 24 Abril, 2024

        Budget advisory group warns of risks of budget overspend

        A unit set up to provide recommendations, support and advice to the government on keeping public spending in check has issued warnings on a number of issues including expenditure, the impact of [...]

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        0
        By Christopher Graeme
        In Hotel, News, Tourism
        Posted 24 Abril, 2024

        Pestana Group profits fall 4% to €105 million in 2023

        Profits from Portugal’s Pestana Group, which has hotels all over Portugal and some in Brazil, fell 4% to €105 million in 2023 compared to the €109.5 million posted in 2022. The group is the [...]

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        0
        By Christopher Graeme
        In Appointments, ICPT, News
        Posted 24 Abril, 2024

        Alexandre Fonseca succeeds Pedro Reis on ICPT consultative committee

        The former CEO of Altice Portugal, Alexandre Fonseca, has been appointed to the consultative board of the International Club of Portugal (ICPT). Fonseca will replace former AICEP Portugal Global [...]

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        0
        By Christopher Graeme
        In Automotive, Events, News, Technology
        Posted 24 Abril, 2024

        Tuga car showcased at Abu Dhabi Driftx Exhibition

        The Portuguese-inspired Tuga car, a stylish, efficient urban commuter vehicle built on a flexible, modular platform, is to be showcased at the Abu Dhabi Driftx Exhibition tomorrow and on Friday. [...]

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        0
        By Christopher Graeme
        In Companies, Galp, News, Oil and Gas, Petroleum and Natural Gas
        Posted 23 Abril, 2024

        Galp shares soar by 20.64% to €19.35 on back of Namibia oil strike

        Portugal’s oil and gas company Galp had its second best day on the Euronext Lisbon stock market yesterday since 2006 after it announced that it had struck oil off the coast of Namibia. Galp [...]

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        0
        By Christopher Graeme
        In Company takeovers, Electricity and Gas, Energy, News, Renewables
        Posted 23 Abril, 2024

        Greenvolt takeover: Altri and key shareholders to be replaced by US fund KKR for early bond payout

        The top brass at Portuguese renewables company Greenvolt have called bondholders who bought bonds in two issues (2022-2027 and 2021-2028) to two meetings of its general assembly on May 14 to [...]

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