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        Companies

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        By Christopher Graeme
        In Companies, News, Telecoms
        Posted 9 Fevereiro, 2024

        Government admits partial Altice selloff

        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 [...]

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        By Christopher Graeme
        In Companies, Mergers and Acquisitions, News
        Posted 5 Fevereiro, 2024

        Sonae negotiates purchase of French company for €152 million

        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 [...]

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        0
        By Christopher Graeme
        In Companies, Green bonds, Green energy, Green Finance, News, Securities
        Posted 2 Fevereiro, 2024

        Greenvolt green bonds offer 3.2% after taxes and charges

        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 [...]

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        By Christopher Graeme
        In Companies, Construction, News
        Posted 29 Janeiro, 2024

        Soares da Costa wound up

        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 [...]

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        By Christopher Graeme
        In Companies, Industry, News
        Posted 29 Janeiro, 2024

        Taiwan Cement Corporation to buy Cimpor

        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 [...]

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        By Christopher Graeme
        In Companies, EU, News, Tax
        Posted 26 Janeiro, 2024

        Portugal given 2 months to action 15% tax law on multinationals

        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 [...]

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        By Christopher Graeme
        In Companies, News, Renewables, Wind farms
        Posted 24 Janeiro, 2024

        Portugal’s Endiprev steps up to support USA’s nation-leading Vineyard Wind Project

        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 [...]

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        By Christopher Graeme
        In Companies, Lithium batteries, News
        Posted 24 Janeiro, 2024

        CALB to invest €2Bn in Portugal

        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 [...]

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        By Christopher Graeme
        In Companies, Construction, News, Retail
        Posted 22 Janeiro, 2024

        Adeo invests €40M in builders’ merchandise store

        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 [...]

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        By Christopher Graeme
        In Bi-lateral trade, Companies, News, Tourism
        Posted 22 Janeiro, 2024

        Portugal should do more to attract more US companies and tourists in 2024

        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 [...]

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