Portuguese motorways concession company Brisa netted €1Bn in turnover for the first time in its history in 2023 The group led by António Pires de Lima banked clear profits of €254.8 million, [...]
Portugal’s oil and gas giant Galp has announced that petroleum exploration in Namibia could be profitable for the company. The conclusion comes at the end of the first phase of oil exploration in [...]
Ascendi, an asset management company that provides motorway toll charge and road maintenance services, has entered the competition for the acquisition of the concessionaire Auto-Estradas do Douro [...]
The Portuguese technology company VisionWare saw its turnover skyrocket 24% in 2023 to a record €4.7 million. The company, which prepares companies to face cybersecurity challenges, also took on [...]
Large Portuguese companies are increasingly taking advantage of acquisitions abroad launching public acquisition offers for companies in other countries. In recent months companies like Sonae, [...]
Nestlé Portugal lost market share on its own brands last year falling from 33.5% to 32%. According to the company’s CEO Anna Lenz, this fall was partly down to the overall economic situation, [...]
The Portuguese media group Medialivre, which has the newspaper Correio de Manhã and CMTV, is to launch a new news channel. According to TV commentator, lawyer and former PSD party leader Luís [...]
A Russian-born Kazakhstani entrepreneur says he is interested in acquiring a small Portuguese bank to increase his company’s portfolio profile in Europe. Timur Turlov, 36, the CEO of Freedom [...]
Aluline, an international company that creates environmentally sustainable drainage and fats retention services for the hotels and restaurants sector, is celebrating its 20th anniversary in [...]
The multinational automotive company Stellantis NV, formerly Fiat Chrysler Automobiles NV, formed as a result of merger with PSA Group, has managed to grow its market share in Portugal to 29%. [...]