Companies

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 [...]

The Portuguese construction firm Martifer saw its profits soar by 48% with record orders worth €753 million in 2023. The group, controlled by the Martins brothers and Mota-Engil, closed 2023 with [...]

Portuguese telco NOS made €181 million in 2023, down 19.4% on the previous year, but a better result than the €141.34 million analysts had suggested. The fall is related to the extraordinary [...]

Nokia Portugal is to make up to 142 staff redundant as it redefines its cost base according to the Lusa news agency. The company made the announcement on Wednesday when it said it would make [...]

Telecoms company Digi, a company of Romanian origins, is to launch its first telecommunications offer in Portugal this year. The telecoms operator has also revealed that it intends to provide [...]

EDP profits increased 40% in 2023 compared to the previous year, to €952 million. The announcement was made on Thursday after the energy giant had announced a tumble in profits by half (€309 [...]

The Portuguese branch of Janssen – the pharmaceutical company from the Johnson & Johnson Group known as Johnson & Johnson Innovative Medicine – has attracted the international [...]