Companies

MC, a Sonae company, sold 22 Dr. Wells clinics to Lusíadas Saúde for €4.68 million according to the group led by Cláudia Azevedo in its annual report for 2023. According to the company’s [...]

The profitability of Portuguese companies fell to 9% in the last quarter of 2023 while their financial independence achieved record levels according to figures from the Bank of Portugal. [...]

Paulo Maló, Portugal’s most internationally famous dentist, has been declared culpably insolvent by a court after a case filed by the bank Caixa Geral de Depósitos. It means that he is prohibited [...]

TAP posted a record net profit of €177.3 million — the highest profit ever registered by the company. Profits were up €111.7 million on 2022 when the company posted €65.6 million; its first [...]

The Portuguese transport and electrical systems company EFACEC is to close down business areas that are not profitable and consider mass redundancies. The company was sold by the government in [...]

Paper paste producer Altri posted a €42.8 million net profit for 2023, a fall of 71.9% on the €152.5 million in 2022. In a communiqué sent to the CMVM on Thursday the company said that total [...]

The private Portuguese postal service and bank made profits of €60.5 million in 2023 with parcel revenues exceeding postal services for the first time in Q4, 2023. CTT’s net results stood at [...]

After months of denial saying it wasn’t planning to sell its 20% share in Portuguese bank BCP, Chinese shareholder Fosun now says it cannot rule out selling its share if it cannot sell off other [...]

The Business Roundtable Portugal Association has called on companies to stem the tide of talent flight from the country as more and more young professionals seek better-paid jobs and career [...]

Siemens Portugal enjoyed a turnover of almost €600 million in Portugal, up 30% on 2022 according to the German company’s CEO, Fernando Silva. Of this amount, Siemens SA was responsible for €382 [...]