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        Author Archive for: "[email protected]"
         AMG to invest €10 million on lithium mining in Portugal
        0
        By Christopher Graeme
        In Lithium batteries, Lithium ore mining, Mining, News
        Posted 23 Abril, 2025

        AMG to invest €10 million on lithium mining in Portugal

        After having invested almost €19 million in 2024 to become the majority shareholder in mining company Savannah, the Netherland’s company AMG Lithium, which owns the Boticas lithium ore mine in [...]

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         Cash still king for everyday transactions but falling for the under 40 age groups
        0
        By Christopher Graeme
        In Money, News, Payment services, Payment systems
        Posted 23 Abril, 2025

        Cash still king for everyday transactions but falling for the under 40 age groups

        The use of banknotes has fallen in comparison to electronic and digital payment systems and applications and cards in Portugal, but nevertheless cash continues to dominate, present in half of all [...]

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         House prices up in 19 out of 24 municipalities
        0
        By Christopher Graeme
        In House prices, Housing market, News, Property
        Posted 23 Abril, 2025

        House prices up in 19 out of 24 municipalities

        House prices went up in 19 of the 24 Portuguese municipalities with more than 100,000 inhabitants, with Funchal and Matosinhos leading the increases in the last quarter of last year, according to [...]

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         Portugal’s Feedzai to acquire Australia’s DemystData
        0
        By Christopher Graeme
        In Acquisitions, Companies, Cybersecurity, News, Unicorns
        Posted 23 Abril, 2025

        Portugal’s Feedzai to acquire Australia’s DemystData

        Feedzai, the Portuguese company that has developed an AI-native fraud and financial crime prevention platform, is to acquire the Australian company DemystData which has developed an external data [...]

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         Venture capital investment in Portuguese startups plummets by 50%
        0
        By Christopher Graeme
        In Investment, News, Start-Up, Venture Capital
        Posted 23 Abril, 2025

        Venture capital investment in Portuguese startups plummets by 50%

        Portugal’s startups attracted €82 million of investment to March this year, but it was half of the amount invested compared to 2024. In the first three months of the year, national startups [...]

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         Multinationals in Portugal pay salaries 61% higher than other companies
        0
        By Christopher Graeme
        In Companies, Multinationals, News, Salaries
        Posted 22 Abril, 2025

        Multinationals in Portugal pay salaries 61% higher than other companies

        Multinationals in Portugal pay salaries 61% higher than other companies with productivity 57% greater Productivity and average wages are higher in multinationals operating in Portugal compared to [...]

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         Portugal’s overseas promotion and investment agency AICEP admits change of tack in US
        0
        By Christopher Graeme
        In AICEP, News, Tariffs, Trade, Trade and Sector Fairs
        Posted 22 Abril, 2025

        Portugal’s overseas promotion and investment agency AICEP admits change of tack in US

        The trade war between the European Union and the United States could lead to Portugal’s overseas investment and promotion agency AICEP changing its overseas promotion plan. The agency says it is [...]

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         REN acquires electricity transmission company in Chile for US$71.4 million
        0
        By Christopher Graeme
        In Acquisitions, Electrical and Transport Systems, Electricity and Gas, News, REN
        Posted 22 Abril, 2025

        REN acquires electricity transmission company in Chile for US$71.4 million

        Portugal’s private national grid company REN – Redes Energéticas Nacionais, has acquired the Chilean electricity transmission company Transmisora de Energía Nacimiento (TENSA) for US$71.4 [...]

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         The Navigator Company calls Portugal’s forestry management “shocking”
        0
        By Christopher Graeme
        In Companies, Forestry management, News, Paper and Paper Pulp
        Posted 22 Abril, 2025

        The Navigator Company calls Portugal’s forestry management “shocking”

        Portugal’s largest paper and paper pulp producer, The Navigator Company, has called the lack of progress in restoring and managing Portugal’s forests “shocking” and compromises the sustainability [...]

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         Portugal’s Recovery and Resilience plan has paid out €7.4Bn to date
        0
        By Christopher Graeme
        In Economy, News, Portugal RRP
        Posted 22 Abril, 2025

        Portugal’s Recovery and Resilience plan has paid out €7.4Bn to date

        Around €7.4Bn from the European funding of grants and loans that make up the country’s Recovery and Resilience Plan has been paid out to its beneficiaries to date. The figure represents 34% of [...]

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        Essential Business Magazine Cover Nº25 January - March 2025
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