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        Companies

        0
        By Christopher Graeme
        In Companies, CTT Correios, News
        Posted 26 Junho, 2024

        Postal service regulator tells CTT to shape up or pay out!

        Portugal’s communications and postal service regulator Anacom has called on the government to “force” postal company CTT to improve its postal services. CTT, run privately under government [...]

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        0
        By Christopher Graeme
        In Companies, Exports, News
        Posted 24 Junho, 2024

        US accuses Portuguese company of product ‘dumping’

        Importers of goods produced by a manufacturer of paper bags and packaging in Santo Tirso, Portugal are now facing an upfront import duty tax of 6.14% after US import enforcers accused the company [...]

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        0
        By Christopher Graeme
        In Companies, Labour, News
        Posted 24 Junho, 2024

        Four day working week pilot has mixed results

        From 100 companies which piloted a four-day working week test, only 21 saw the six month test period through to the end. However, 11 companies decided to extend the pilot test within the same [...]

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        0
        By Christopher Graeme
        In Companies, Green energy, Greenvolt, News
        Posted 17 Junho, 2024

        João Manso Neto voted in as CEO of Greenvolt for 2024 term

        Portuguese renewables company Greenvolt Energias Renováveis, SA announced today that João Manso Neto will continue on as president of the company for the 2024 term. The decision was taken by the [...]

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        0
        By Christopher Graeme
        In Companies, EDPR, News, Renewables
        Posted 12 Junho, 2024

        EDPR clinches contract in Canada to sell battery-stored energy

        EDP Renováveis has secured a long-term energy provision contract in Canada to sell energy and capacity and services linked to batteries. The contract foresees the sale of energy for a period of [...]

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        0
        By Christopher Graeme
        In Companies, News, Shareholdings, Stocks and Shares
        Posted 12 Junho, 2024

        Indumenta Pueri increases capital stake in CTT

        The Spanish company Indumenta Pueri has strengthened its capital stake in the Portuguese postal services company CTT. Its stake has now gone from 10.04% to 15.02% according to information sent to [...]

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        0
        By Christopher Graeme
        In Companies, Media, News
        Posted 12 Junho, 2024

        Portuguese independent news channel SIC to issue up to €30 million in bonds

        The Portuguese TV and news channel SIC is to raise €30 million from a four-year bonds issue offering investors a dividend of 5.95%. The bonds issue linked to sustainability, SIC 2024-2028, is [...]

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        0
        By Christopher Graeme
        In Capital raise, Companies, News, Technology
        Posted 10 Junho, 2024

        Novabase capital raise begins today

        Portugal’s Novabase Group is preparing a capital raise to pay shareholders with new shares. According to business daily Negócios, the operation starts today with current investors able to get the [...]

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        0
        By Christopher Graeme
        In Companies, Investment, News
        Posted 7 Junho, 2024

        Swiss company could create up to 400 jobs in Portugal

        The Swiss group Conextivity, which produces connectors and cables, and chose Portugal for a new production factory with the eventual creation of up to 400 jobs, officially inaugurated it this [...]

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        0
        By Christopher Graeme
        In Aviation, Companies, News
        Posted 31 Maio, 2024

        ANA posts net profit of €416.7 million for 2023

        The company that manages Portugal’s 11 main airports, ANA – Aeroportos de Portugal, posted a net profit of €416.7 million for 2023. The result exceeded the €333.9 million in profits from [...]

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