The number of companies that filed for bankruptcy in Portugal between January and August this year fell 12% on the same six-month period in 2020. Between January and August the number of [...]

Spanish electricity producers have admitted that they could raise the price of electricity in Portugal. In less than two weeks, Endesa has radically changed its mind and now says it will “adjust [...]

The cost for the government of selling the State-owned electrical systems company Efacec could amount to €80 million. This is according to the parliamentary group PAN (People, Animals and Nature) [...]

Ibersol recorded losses of nearly €23 million for the first half of the year. Nevertheless, it was an improvement on the €33.3 million in losses it sustained for the same period in 2020. In a [...]

The Portuguese Government has high hopes that it will be able to privatise the electrical energy components and mobility products company Efacec by the end of November this year. The [...]

The Portuguese construction company Teixeira Duarte has a new president – Manuel Maria Teixeira Duarte. The decision was take after his cousin, Pedro Maria Teixeira Duarte stepped down from [...]

The Swiss multinational Fischer Connectors which specialises in high-tech cable connectors has chosen Portugal to expand its business by investing €5.6 million in building a new electronics [...]

Bial to sell Parkinson drug in Europe The Portuguese pharmaceutical company Bial has reached an agreement with the US company Sunovion to sell a drug which treats Parkinson in Europe. Under the [...]

The logistics company Garland is to expand its activity with a new state-of-the-art logistics centre in Gaia near Porto. The new centre is expected to up business turnover by around 40%, create [...]

The Portuguese Government has selected five candidates for the second phase in the privatisation of Efacec. However, only two have made binding offers and given the nature of the offers, the [...]