The number of parties interested in joining the race to buy TAP has grown this week after a Brazilian parliamentary commission discussed on Thursday the possibility of Brazil entering the [...]
Sixteen Portuguese funds are cashing in thanks to the success of semi-conductor company Nvidia whose shares hit an all-time high on the back of the AI boom. Nvidia’s shares have gained 200% in [...]
Altice has hired four investment banks to value the sale of some assets it plans to sell to reduce its debs according to Reuters. At least four banks have been hired with contracts to that effect [...]
The Portuguese food and sports clothing group Prozis, owned by entrepreneur Miguel Milhão, aims to have a €10 million turnover for its 12th factory that will produce socks. Miguel Milhão is the [...]
The CUF private hospitals group saw its profits soar by 63.7% to €25.4 million in the first half of 2023. It was an impressive increase on the like-for-like profit of €15.5 million last year for [...]
The CEO of telecommunications company Altice Portugal, Ana Figueiredo has carried out an executive clean sweep, removing both its financial and technological directors. The decision has been made [...]
The fund CoRe Capital, a venture capital company, has sold the Marinha Grande based mechanical engineering company Electrofer to Mealogalva, According to ECO, Mealogalva, the company that [...]
Portugal was responsible for 11.3% of Chinese company Fosun’s revenues in the first half of 2023. Yet the conglomerate’s financial problems has seen it sell off a clutch of non-core ‘heavy’ [...]
Portuguese airline TAP posted a net profit of €22.9 million in the first half of this year, representing an improvement of 111% or €224 million in relation to the months of January to June 2023 [...]
The Gross Value Added of Portugal’s SMEs will grow 7.5% this year according to forecasts from the European Commission that points to inflation as one of the main reasons behind the growth. [...]
