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        Author Archive for: "[email protected]"
        0
        By Christopher Graeme
        In Asset and Fund Management, Funds, News, NPLs
        Posted 14 Fevereiro, 2024

        LX Partners to sell €4.2Bn in NPLs

        LX Partners – an investor that delivers risk-adjusted returns to Partners with main exposure in credit (performing and non-performing) and real estate, is to press ahead with one of the [...]

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        0
        By Christopher Graeme
        In Fintech, News, NFTs
        Posted 14 Fevereiro, 2024

        Finsolutia invests €24 million for international expansion

        As part of its strategic growth plan, Finsolutia has increased its capital by €25 million to support its programme for international expansion for its technology platform. Finsolutia is a leading [...]

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        0
        By Christopher Graeme
        In Aviation, News, TAP
        Posted 14 Fevereiro, 2024

        Former TAP CEO accuses finance minister of blackmail

        Former TAP CEO Christine Ourmières-Widener has accused Finance Minister Fernando Medina of blackmail and of sacking her for political reasons — statements that were contradicted yesterday by [...]

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        0
        By Christopher Graeme
        In Car components, Economy, Exports, News
        Posted 14 Fevereiro, 2024

        Car component exports up 14% to a record in 2023

        Exports of car components rose almost 14% to a record €12,433Bn in 2023 according to data released by the AFIA – Association of Automobile Industry Manufacturers. “Exports of vehicle [...]

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        0
        By Christopher Graeme
        In Bonds and Gilts, Investment, News
        Posted 14 Fevereiro, 2024

        Appetite for Portuguese bonds high

        Portugal has followed the current global trend of issuing sovereign bonds at the start of 2024 because of a strong appetite from investors. Portugal’s treasury and debt entity, the IGCP put €4Bn [...]

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        0
        By Christopher Graeme
        In Eolic energy, Eolic Offshore Wind Farms, News, Renewables, Wind farms
        Posted 12 Fevereiro, 2024

        Orsted pulls out of offshore auction

        The Danish renewables company Orsted has pulled out of the offshore wind energy auction in Portugal. The company withdrew as it reported devastating financial losses of €2.7Bn for 2023 and [...]

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        0
        By Christopher Graeme
        In Acquisitions, Banks, News, Real Estate
        Posted 12 Fevereiro, 2024

        CGD buys WellBe building in Parque. das Nações

        Portuguese State-owned bank Caixa Geral de Depósitos announced on Monday that it had formally completed the acquisition of the WellBe building in the city’s Parque das Nações district that will [...]

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        0
        By Christopher Graeme
        In Altice Portugal, Mergers and Acquisitions, News, Telecoms
        Posted 12 Fevereiro, 2024

        Warburg Pincus wants 100% of Altice Portugal

        The US fund Warburg Pincus, together with Zeno Partners and Portuguese banker António Horta Osório who are in the race to buy Altice Portugal, say they only want the whole company lock, stock and [...]

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        0
        By Christopher Graeme
        In Economy, Exports, Industry, News
        Posted 12 Fevereiro, 2024

        Exports fell 1% in 2023

        Portuguese exports of goods posted a slight like-for-like growth in December, countering a series of eight consecutive monthly falls, while imports fell on the same month like-for-like according [...]

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        0
        By Christopher Graeme
        In Fuel, Galp, News, Oil and Gas
        Posted 12 Fevereiro, 2024

        Galp profits exceed €1Bn in 2023

        The Portuguese energy company Galp posted adjusted profits of €1.2Bn in 2023; an increase of 14% on the €881 million registered in 2022. The company’s adjusted EBITDA fell 8% in like-for-like [...]

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