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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]