Companies

Vodafone has left its Porto HQ, the iconic Vodafone building in the city’s Boavista district owned by the fund AF Portfólio Imobiliário (BCP) because it refused to carry out maintenance works on [...]

The former Portuguese unicorn Farfetch could dismiss up to 2,000 staff or 25% of its workforce as its fortunes tumble on the Lisbon stock market; its shares worth only US$0.5282 – a fall of [...]

The former Portuguese unicorn Farfetch, which specialises in selling both new and second-hand luxury goods on a dedicated platform, has been accused in the US of providing “misleading [...]

The Portuguese electrical and transport systems company Efacec, which has just been purchased by the German fund Mutares, has bagged a multimillion euro contract from a Danish rail operator in [...]

The Portuguese startup Pulsar Finance, responsible for developing a crypto assets management and data supply platform, has announced its ‘exit’ after it was bought out by Terraform Labs (TFL), [...]

The pre-sale valuation for the anticipated management buyout of Cofina Media, which holds the newspaper and TV media Correio da Manhã, CMTV, Negócios, Record, and Sábado, to a group of investors, [...]

Farfetch, the former unicorn with Portuguese DNA, has seen 50% knocked off the value of its shares over the past two days because of investor fears over a shrinking margin and accumulated debts [...]

Portugal’s Sonae Group led by Cláudia Azevedo, has launched a €868 million takeover bid for Finland’s Musti, a listed company specialised in pet products in Finland, Sweden and Norway. Sonae has [...]

The British chemicals group Elementis is to invest €3 million in its first international centre of excellence and research and development laboratory in Portugal, which will open in the first [...]

The financial results of renewables company Greenvolt led by João Manso Neto, tumbled by 65% to €5.9 million to September. The group’s revenues stood at €268 million, 46% up on the like-for-like [...]