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        Companies

         Banco de Fomento Recapitalisation programme rejects Eurogalva
        0
        By Christopher Graeme
        In Banks, Companies, Development, Metals and Metalworks, News
        Posted 16 Agosto, 2024

        Banco de Fomento Recapitalisation programme rejects Eurogalva

        A company hoping for millions of investment in European funding disbursed through Portugal’s development bank has had its application rejected despite initially being preliminarily accepted on [...]

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         Portuguese company mergers at 10-year record
        0
        By Christopher Graeme
        In Companies, Competition, Mergers and Acquisitions, News
        Posted 14 Agosto, 2024

        Portuguese company mergers at 10-year record

        Last year saw the highest number of company mergers and acquisitions seen in a decade in Portugal. According to the Portuguese competition authority (Autoridade da Concorrência – AdC), [...]

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         Funnyhow designs branding for new channel V+TVI
        0
        By Christopher Graeme
        In Branding, Companies, News
        Posted 14 Agosto, 2024

        Funnyhow designs branding for new channel V+TVI

        The Portuguese branding specialist Funnyhow is behind the branding of V+TVI – Media Capital’s new generalist cable channel, which replaced TVI Fiction and went on the air on August 9. [...]

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         EDP profits soar 75% to €762 million in H1
        0
        By Christopher Graeme
        In Companies, EDP, EDPR, Financial results, News
        Posted 31 Julho, 2024

        EDP profits soar 75% to €762 million in H1

        EDP made a profit of €762 million in the six months ended in June, the company said on Tuesday, in a statement published on the website of the market regulator, the Securities Market Commission [...]

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         Sonae profits up 14% to €75 million in H1 with  €4Bn sales turnover
        0
        By Christopher Graeme
        In Companies, Financial results, News
        Posted 31 Julho, 2024

        Sonae profits up 14% to €75 million in H1 with €4Bn sales turnover

        Sonae closed the first half of the year with a net profit of €75 million, which represents a growth of 14% compared to the same period last year. Sales exceeded €4.3Bn, helped by the integration [...]

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         Inapa shares tank by 96% after CMVM lifts share trading suspension
        0
        By Christopher Graeme
        In Companies, Liquidations, News
        Posted 31 Julho, 2024

        Inapa shares tank by 96% after CMVM lifts share trading suspension

        Portuguese paper distributor Inapa saw shares plummet by 96% after the local securities regulator lifted a suspension on share trading. In the past few days the insolvent company which cannot [...]

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         Google’s Nuvem Project to set up data centre in the Azores
        0
        By Christopher Graeme
        In Cable, Companies, Data centres, News
        Posted 29 Julho, 2024

        Google’s Nuvem Project to set up data centre in the Azores

        The expansion of Google’s new intercontinental submarine cable, which will connect the United States to Bermuda and Portugal, will also include the opening of a data centre in the Azores, [...]

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         Generali 8.71% share acquisition of Banco CTT to finalise in October
        0
        By Christopher Graeme
        In Companies, CTT Correios, Insurance, News
        Posted 29 Julho, 2024

        Generali 8.71% share acquisition of Banco CTT to finalise in October

        The Italian insurance group Generali, which announced that it had acquired a 8.71% capital share in Portugal’s CTT financial services company Banco CTT two years ago, will finally see the deal go [...]

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         Japan’s JPP may come up with 11th hour deal to save Inapa
        0
        By Christopher Graeme
        In Bankruptcy and liquidation, Companies, News
        Posted 26 Julho, 2024

        Japan’s JPP may come up with 11th hour deal to save Inapa

        Portuguese paper distribution company Inapa may have a one week reprieve to stave off bankruptcy after the Japanese paper and pulp group JPP said it would mull a possible acquisition plan over [...]

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         Portuguese ketchup voted best in the UK
        0
        By Christopher Graeme
        In Companies, Food retail and distribution, Foodstuffs and beverges, News
        Posted 24 Julho, 2024

        Portuguese ketchup voted best in the UK

        England’s traditional ‘fish and chips’ has never tasted so good thanks to a Portuguese brand of tomato ketchup using 100% Portuguese tomatoes that has been voted the Best Supermarket Ketchup by [...]

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