Farfetch, the former Portuguese online luxury retail unicorn bought out by South Korea’s Coupang, is to wind up its operations centre in Matosinhos at the end of this month. The company had [...]
Portugal’s private postal company CTT saw profits plummet 53.9% to €7.4 million between January and March this year. According to the company on Thursday, the fall was down to falls in its [...]
Portugal’s The Navigator Company is to increase the price of tissue paper by 10% from next month. The group has justified the price hike in all markets in which it operates on the “sharp increase [...]
The Chinese-controlled Portuguese insurer Fidelidade is planning to float on the Lisbon stock market in 2025. This is according to online news site ECO whose various sources have informed that [...]
Portugal’s private healthcare group Luz Saúde has shelved plans for an Initial Public Offer (IPO) because of “adverse market conditions”. The company, which is controlled by the insurer [...]
Portugal’s oil and gas company Galp had its second best day on the Euronext Lisbon stock market yesterday since 2006 after it announced that it had struck oil off the coast of Namibia. Galp [...]
Portuguese motorways concession company Brisa netted €1Bn in turnover for the first time in its history in 2023 The group led by António Pires de Lima banked clear profits of €254.8 million, [...]
Portugal’s oil and gas giant Galp has announced that petroleum exploration in Namibia could be profitable for the company. The conclusion comes at the end of the first phase of oil exploration in [...]
Ascendi, an asset management company that provides motorway toll charge and road maintenance services, has entered the competition for the acquisition of the concessionaire Auto-Estradas do Douro [...]
The Portuguese technology company VisionWare saw its turnover skyrocket 24% in 2023 to a record €4.7 million. The company, which prepares companies to face cybersecurity challenges, also took on [...]
