Bankruptcies in Portugal increased by 18% in 2023 on 2022 with almost 2,000 companies going under. On the other hand, 2023 closed with a record number of new companies created (51,320), exceeding [...]
The CEO of Aurora Lithium – the company that plans to build a lithium refinery in Portugal – Manuel Sousa Martins, whose total investment value is between €700-800 million, hopes to [...]
The CEO of Greenvolt, João Manso Neto, has called on the government to have the courage to change mentalities and invest in energy communities. The former EDP Renewables executive made his [...]
By the time Portuguese luxury goods retailer Farfetch withdrew from the New York Stock Exchange after being sold to South Korean company Coupang, its shares had tumbled 96.79% in value to mere [...]
Portugal’s capital markets supervisor the CMVM says there is no “irregularity” in the purchase of 0.24% of Portuguese postal service CTT by State public holding Parpública. The CMVM says the [...]
A journalists’ union in Portugal has asked the Portuguese State Procurator’s Office (PGR) to step in and investigate alleged illegal acts as part of an overall financial crisis engulfing one of [...]
The Portuguese public holding company Parpública purchased shares in the privatised postal service company CTT on the government’s orders it was revealed this week by Jornal Económico. The [...]
The US equity fund KKR is to launch a takeover bid or public acquisition offer for the Portuguese renewables energy company Greenvolt. A €1.1Bn price tag has been mooted for the energy company [...]
NH Hoteles has acquired five hoteles in Portugal held by its largest shareholder, the Thai group Minor for €133.2 million. According to the Spanish stock market regulator CNMV the operation had [...]
Farfetch, one of Portugal’s first unicorns, has effectively fallen under the control of the South Korean company Coupang, owned by founder and CEO Bom King. On Monday Farfetch reached an [...]
