The Portuguese gentlemen’s apparel company Dielmar will close 2023 with a profit after years of losses which almost brought the company to the point of closure. The company was bought for [...]
Portugal’s Finances minister, Fernando Medina says that the sale price of State-owned airline TAP is the “least important” consideration out of the five priorities that have been identified by [...]
Google Portugal Director, Bernardo Correia says that Portugal has a “very healthy environment” from a regulatory point of view, and adds that the government’s initiative to create corridors for [...]
Portuguese packaged salads producer Vitacress, which turned over €40 million in 2022, of which 15% was for the export market, especially the UK and Spain, says it will expand to Odemira. However, [...]
ETSA, a Semapa Group company that specialises in recovering animal by-products, is to invest €80 million and double its business in 5 years. The food industry recycling company aims to invest in [...]
Portugal’s oil and gas giant Galp posted an increase in its oil refining margin of 89% giving it a margin of US$ 14.60 per barrel in the third quarter of 2023. It was a significant increase on [...]
Ikea has announced that it will boost investment in Portugal by €60 million after sales grew by 11% in the 2023 tax year. Ikea Portugal achieved sales of €611 million for the tax year that ended [...]
The French technology consulting services company Devoteam, which employs 1,300 in Portugal, has acquired the Open AI and Digital, and Big Data company Singularity Digital Enterprise that [...]
The general assembly of bond holders at electrical and transport systems company Efacec have voted to accept a €5.8 million reduction in the value of their bonds in the company. The company was [...]
Delta has launched the first Portuguese coffee entirely produced in the Azores. It has been named ‘Impossible Coffee’ because “it is almost impossible to produce coffee in Europe but we have done [...]
