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        Companies

        0
        By Christopher Graeme
        In Automotive, Companies, Electric vehicles, News
        Posted 25 Novembro, 2024

        Bosch Portugal may not be immune from redundancies

        German multinational Bosch, which recorded sales of more than €2,000 million euros in Portugal last year and employs more than 7,000 in the country, does not rule out that Portugal may be part of [...]

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        0
        By Christopher Graeme
        In Companies, Franchising, News
        Posted 18 Novembro, 2024

        Franchising sector creates 3% more jobs in 2024

        Employment in the franchising sector continues to grow in Portugal. After increasing 4.8% last year, having surpassed the 185,000 jobs threshold, it is expected to grow “between 2% and 3%” for [...]

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        0
        By Christopher Graeme
        In Companies, Company results, News, TAP
        Posted 18 Novembro, 2024

        TAP profits to September €118.2 million

        TAP posted a profit of €118.2 million in the first nine months, a period in which it increased revenues from tickets and the aircraft maintenance business. The result benefits from the €117.8 [...]

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        0
        By Christopher Graeme
        In Companies, Green energy, Green hydrogen, News
        Posted 18 Novembro, 2024

        Fusion Fuel stops production over unpaid salaries

        Fusion Fuel’s plant in Benavente (Santarém) which started operating in 2022 and was officially opened by António Costa in 2023, has shut down operations after having declared insolvency [...]

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        0
        By Christopher Graeme
        In Companies, Food distribution, Food retail and distribution, News, Relocating
        Posted 11 Novembro, 2024

        Jerónimo Martins holding to move to Amsterdam

        The holding company of Portuguese food distributor and retailer Jerónimo Martins, which holds the supermarket chain Pingo Doce in Portugal, is to move from Lisbon to Amsterdam. The Sociedade [...]

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        0
        By Christopher Graeme
        In Companies, EDP, EDPR, Financial results, News
        Posted 11 Novembro, 2024

        EDP profits up 14% to €1.8Bn to September

        EDP posted a net result of €1.08Bn between January and September according to a note sent to the Portuguese securities commission CMVM. Profits for thew period were up 14% on the same period in [...]

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        0
        By Christopher Graeme
        In Companies, Currency exchange, News, Relocating
        Posted 11 Novembro, 2024

        Why transferring funds through a currency broker might get you a better deal than the banks

        Text: Chris Graeme; Photo: Joaquim Morgado (American Club of Lisbon) When small and micro companies decide to open an office in Portugal, one of the last things some tend to consider is the cost [...]

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        0
        By Christopher Graeme
        In Companies, Investment, News, State Budget
        Posted 6 Novembro, 2024

        Uncertainty postpones company investment in 2025

        Continued global and economic uncertainty has made Portuguese companies shy to invest in 2025. Only one-third of companies operating in the country say they are planning to invest more next year [...]

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        0
        By Christopher Graeme
        In Companies, Insolvencies, Liquidations, News
        Posted 30 Outubro, 2024

        INAPA quits Euronext Lisboa leaving investors with next-to-nothing

        Inapa, the company that had been listed on the Portuguese capital market for longer than any other, quit the Portuguese stock exchange Euronext Lisbon on Tuesday. The Portuguese paper [...]

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        0
        By Christopher Graeme
        In Companies, Insurance, News
        Posted 30 Outubro, 2024

        Hiscox takes on 30

        The multinational former British company Hiscox, which has been in Portugal for 18 years, is to take on 30 staff to beef up its Lisbon team. One of the main non-Life insurers in Europe, the UK, [...]

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