More than a decade after the start of a nine month investigation into corruption fraud and money laundering involving Portugal’s electricity giant EDP, the defendants in the case are finally [...]
The President of Mota-Engil, Carlos Mota dos Santos has invested a further €60,000 in 121,000 shares, corresponding to 0.04% of its capital share. The multi-national construction firm stated in a [...]
Investment banks instructed by the telecommunication giant Altice International to study solutions to reduce the company’s multi-billion-euro debt, have sent a teaser to private equity funds with [...]
Miguel Farinha, the current Strategy and Transactions Leader of EY Portugal has been appointed as the new CEO of EY Portugal. He replaces João Alves at the tax and accounting consultancy. He has [...]
Shopping centre management company Sonae Sierra has been chosen as the ‘Best Investment Manager’ on the Iberian Peninsula by the magazine Euromoney. The Global Euromoney Real Estate award for the [...]
Cash strapped Altice International, currently embroiled in a police investigation in Portugal over alleged damaging contracts, is testing the water by issuing €500 million in securities. The [...]
Portuguese supermarket and food distribution giant Jerónimo Martins says that its business in Colombia should be worth 20% of its total business sales within a decade. The company currently [...]
Portugal’s largest car plant Autoeuropa will restart production on October 2 according to a note sent to employees. The decision was taken after the company managed to find alternatives to its [...]
Portugal’s Business Confederation (CIP) is prepared to negotiate a Social Pact with unions that could include an increase in salaries of 4.8% for employees. The president of CIP, Armindo Monteiro [...]
Portugal’s oil and gas giant Galp is to invest €128 million on keeping its refinery at Sines in tip-top operational condition. Part of the industrial unit that houses the sole refinery left in [...]
