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    Companies

     Economy will take one year to recover
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    By Fernando Caetano
    In Associations, Companies, Industry, News
    Posted 20 Abril, 2021

    Economy will take one year to recover

    Portuguese companies think that economic recovery will take more than a year. Around 41% of Portuguese entrepreneurs believe it will take over a year for their companies to recover to business [...]

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     25-30% of €30Bn moratoria at risk of non-compliance
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    By Fernando Caetano
    In Associations, Banks, Companies, News
    Posted 19 Abril, 2021

    25-30% of €30Bn moratoria at risk of non-compli...

    Up to 30% of €30Bn in moratoria granted by the Portuguese government and banking system to alleviate monthly payments of the principal and/or interest on company and other loans is at risk of [...]

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     Crown sells 80% of Alcochete canning factory
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    By Fernando Caetano
    In Companies, News
    Posted 12 Abril, 2021

    Crown sells 80% of Alcochete canning factory

    The largest factory in Alcochete has changed hands in a deal involving other factories in Europe worth €1.8Bn. The US based Crown Holding has sold 80% of its factories in Europe, including a [...]

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     Firmo to buy Staples in Portugal
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    By Fernando Caetano
    In Companies, News
    Posted 9 Abril, 2021

    Firmo to buy Staples in Portugal

    The Portuguese office supplies company Firmo has indicated that it aims to buy Staples’ business operations in Portugal. Firmo announced the expected purchase through the Portuguese competition [...]

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     Sodim ups Semapa share offer by 6.8%
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    By Fernando Caetano
    In Companies, News
    Posted 7 Abril, 2021

    Sodim ups Semapa share offer by 6.8%

    The Portuguese holding Sodim owned by the Queiroz Pereira family has upped the price it is prepared to pay in a public acquisition offer to retain a 100% controlling stake in Semapa. Sodim is a [...]

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     Farfetch shares caught up in Wall Street block trades
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    By Fernando Caetano
    In Companies, News, Technology, Unicorns
    Posted 29 Março, 2021

    Farfetch shares caught up in Wall Street block ...

    The Portuguese luxury online fashion platform unicorn Farfetch has been caught up in a block trading of shares on Wall Street by Goldman Sachs. Wall Street is now speculating on the identity of [...]

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     Helping TAP is like “giving candy to kids, they always want more” says Ryanair CEO
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    By Fernando Caetano
    In Aviation, Companies, News
    Posted 26 Março, 2021

    Helping TAP is like “giving candy to kids, they...

    The CEO of Ryanair, Eddie Wilson has slammed the Portuguese government’s decision to step in and bail out TAP as “discriminatory against other airline companies.” And he has accused the European [...]

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     800 accept TAP redundancy
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    By Fernando Caetano
    In Aviation, Companies, News
    Posted 24 Março, 2021

    800 accept TAP redundancy

    Almost 800 TAP staff have signed up to a voluntary redundancy package to quit the national carrier. Applications for amicable redundancy by mutual agreement, early retirement, part time [...]

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     Groundforce agreement expected today
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    By Fernando Caetano
    In Aviation, Companies, News
    Posted 19 Março, 2021

    Groundforce agreement expected today

    TAP announced yesterday that the purchase of Groundforce assets for €7 million should be completed today. “SPdH (Groundforce) via a letter signed by its chairman and CEO, have confirmed that it [...]

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     Helping people through science
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    By Fernando Caetano
    In Companies, In Focus, News, R&D
    Posted 15 Março, 2021

    Helping people through science

      Merck Portugal is one of the few pharmaceutical companies that has been giving a voice to patient carers, particularly during the COVID-19 pandemic. But then that’s all part of it core [...]

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