Archives

Portugal’s banking sector has not felt any “turbulence” whatsoever regarding customers withdrawing their savings deposits. Paulo Macedo, the CEO of State-owned Caixa Geral de Depósitos said that [...]

Portugal’s national carrier TAP has posted a profit of €65.6 million and revenues of €3.5Bn for 2022; a record result five years after the airline was taken back into state control. TAP’s [...]

Portuguese insurance companies’ exposure to Credit Suisse totalled €60.7 million or 0.1% of the sector’s total assets. This is according to the Insurance and Pension Funds Supervisory Authority [...]

Ireland’s trade minister Neale Richmond TD made a whistle-stop visit to Portugal last week coinciding with St. Patrick’s Day to foster closer partnerships between Portuguese and Irish companies [...]

With the sad passing of Rui Nabeiro on Sunday, Essential Business has decided to re-publish an article on Portugal’s coffee industry which owes a debt of gratitude to this entrepreneurial [...]

Portugal’s trade and investment organisation AICEP has paid a visit to Texas to showcase Portugal to US investors who might want to consider relocating, investing or setting up a business reports [...]

VIC Properties, one of the largest real estate developers in Portugal, has announced new shareholders and plans to reinforce the company’s financial structure. The holding that detains VIC [...]

Zome, a Portuguese real estate agency, has set up a Hub Metaverse which allows property viewings in the virtual world with the help of a browser in its stores. With this, the brand claims to be [...]

An ex-legal director of TAP who joined the airline in May 2018 on a salary of €9,500 a month, was awarded a bonus of €19,570 in 2019; a year in which the company posted a €118 million loss. [...]

The Portuguese stock and financial markets regulator CMVM stated over the weekend that Portugal faces no direct impact from either the Credit Suisse or US banks crises. The President of the CMVM, [...]