The Portuguese government is following the possible impacts of a potential sale of telecoms company Altice Portugal which employs 9,000 and provides indirect work for another 15,000. In an [...]
Sonae’s Sparkfood, an investment arm of the group led by Cláudia Azevedo, dedicated to healthy and sustainable foods, is in exclusive negotiations to acquire Diorren located in Brittany. Reports [...]
Despite Portuguese renewable energy company Greenvolt’s green bond issues paying 4.65% per annum, small investors are not making more than 3.2% while the investment could even result in losses [...]
One of Portugal’s most iconic construction firms, Soares da Costa has finally gone bankrupt after years of losses and misadventures in overseas markets. The company is selling off its tangible [...]
The cement giant of Portuguese origin, Cimpor, announced on Friday that the Portuguese competition authority, Autoridade da Concorrência (AdC) will not oppose a buyout bid from Taiwan Cement [...]
Portugal has been given two months by Brussels to action an EU law that stipulates that multinational companies must pay a minimum of 15% taxes on their profits. So far, Portugal has failed to [...]
Global renewables firm Endiprev is strengthening its international profile after becoming the lead engineering services provider for the ground-breaking Vineyard Wind Project – USA’s first [...]
The large Chinese batteries company CALB is to invest €2Bn and create €1,800 jobs by setting up a batteries factory in Sines. When fully up and running the factory will be capable of producing 43 [...]
The Adeo Group, owner of the Leroy Merlin DIY and bricolage stores, has invested €40 million in a store for professional builders. The store, which will operate under the Obramat brand widely [...]
Portugal should do a better job of attracting more US companies to set up in Portugal as well as investing more in marketing to attract more tourists. That is the opinion of Tony Cabral, a US [...]