Companies

In 2013 when António Portela decided it was time to join the family firm BIAL to become the fourth generation involved in the family company, which this year celebrated its 100th anniversary on [...]

The Portuguese construction company Teixeira Duarte cut 800 jobs in 2023 when the construction firm posted losses of €3 million. The company now has 8,689 employees from 42 different [...]

Portugal’s paper manufacturer The Navigator Company has improved on the price for its Public Acquisition Offer (OPA) for Accrol that was announced on March 22 to 39 pence per share. Accrol, the [...]

The Portuguese company Topbrands, a company founded by João Saramago Tavares in 2018 as an international sourcing company, but which developed into a product development company producing own [...]

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 [...]