The Swiss fund European Energy and Infrastructure Invest (EEII) has acquired a 15.41% share of fuel retail company Grupo Alves Bandeira (GAB). The value of the acquisition completed at the end of [...]
Indaqua, which holds water concessions in Portugal, supplying over 800,000 consumers in 10 municipalities, particularly in the North of Portugal is to enter the competition for a concession from [...]
Portugal’s competition authority has definitively rejected a take-over bid by Vodafone to buy telecoms company Nowo. “The Autoridade da Concorrência (AdC) has decided not to authorise the [...]
Portugal’s Judicial Police (PJ) have swooped on communication and marketing companies owned by entrepreneur Luís Bernardo over suspicions of corruption and abuse of power. Some 34 search warrants [...]
The average Return on Investment on own capital of Portuguese companies listed on the Portuguese stock market Euronext Lisboa hit 14.5% in 2023 more than double the 6.1% average seen over the [...]
Portugal’s government has agreed a massive booster jab package for Portuguese business by bringing IRC tax down to 19% from next year. But it remains to be seen if the Portuguese parliament or [...]
Tax authorities have discovered that €522 million in taxes are potentially missing from the country’s largest taxpayers, including individuals and companies. Portugal’s AT tax and customs [...]
Stellantis Portugal is to launch new electric cars that will be produced at its car plant in Mangualde. Portugal’s president, Marcelo Rebelo de Sousa has been invited to deliver the first [...]
World Finance Magazine has elected the Portuguese multinational cork giant Corticeira Amorim the ‘Most Sustainable Company’ in the ‘Wine Products Industry’ category at the World [...]
Greenvolt posted a €2.7 million loss for Q1 of 2024 but promises that its business and profitability will significantly improve throughout the year. The company, led by João Manso Neto blamed [...]