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        Companies

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        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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        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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        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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        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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        By Christopher Graeme
        In Companies, Customs, Logistics, News
        Posted 22 Julho, 2024

        Logistics and shipping operator Garland creates company to ease the headache of customs processes

        One of Portugal’s oldest logistics, shipping and haulage companies, Garland, has set up a company that will allow it to cut costs and create extra revenues. Founded in 1776, Garland has set up [...]

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        By Christopher Graeme
        In Companies, Insurance, News
        Posted 22 Julho, 2024

        Insurance sales grow 16% in the best H1 since 2019

        Portugal’s insurance companies made around €1Bn more on polices sold in the first half of the year compared to the same period last year. And insurance associations predict that 2024 will be the [...]

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        By Christopher Graeme
        In Companies, Financial results, Galp, News
        Posted 22 Julho, 2024

        Galp profits up 23% for H1 to €624 million

        Portuguese oil and gas giant Galp posted a profit of €624 million in the first half of 2024, up 23% on its net RCA (Replacement Cost Adjusted) result in H1, 2023. Production, however, fell in the [...]

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        By Christopher Graeme
        In Bankruptcy and liquidation, Companies, News
        Posted 22 Julho, 2024

        Inapa CEO and board resign after company declares bankruptcy

        Portuguese paper distribution company Inapa, which ran out of money last week after a €12 million cashflow problem at its German subsidiary, has declared insolvency. According to ECO online news [...]

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        By Christopher Graeme
        In Companies, News, Original, Vista Alegre
        Posted 14 Julho, 2024

        Vista Alegre enters Asia and Middle East markets with Ronaldo as brand ambassador

        The Portuguese fine bone china tableware group Vista Alegre Atlantis has entered the Asian and Middle Eastern markets with Cristiano Ronaldo as brand ambassador. The internationally famous [...]

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        0
        By Christopher Graeme
        In Companies, Construction, Infrastructure, Mota-Engil, News
        Posted 10 Julho, 2024

        Tender for Oiã-Soure stretch of Porto-Lisbon high-speed rail link has only one interested company

        A competitive tender to build the Oiã-Soure stretch of the high-speed rail links between Porto and Lisbon has only one company consortium interested in doing the job – Mota-Engil. This is [...]

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