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        Companies

         CTT reduces capital by €2.3 million
        0
        By Christopher Graeme
        In Companies, CTT Bank, CTT Correios, News
        Posted 14 Maio, 2025

        CTT reduces capital by €2.3 million

        Portugal’s postal company CTT – Correios de Portugal announced on Tuesday a reduction of its share capital to the amount of €2,310,000.00 (€2.3 million) by offloading 4,620,000 treasury shares [...]

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         Otonomee Expands in Portugal with Over 150 Remote Opportunities for Professionals
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        By Christopher Graeme
        In Companies, Company expansion, Customer management, Digital Nomads, Employment, News
        Posted 12 Maio, 2025

        Otonomee Expands in Portugal with Over 150 Remote Opportunities for Professionals

        Otonomee, a fully remote, B Corp-certified customer management outsourcer, is to expand its workforce in Portugal with over 150 new jobs with more expected over the next few months. With its [...]

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         CMVM evaluates the requirement for Visabeira I’M to make takeover bid for Martifer
        0
        By Christopher Graeme
        In Companies, Company takeovers, Construction, News, PAO - Public Acquisition Offer
        Posted 12 Maio, 2025

        CMVM evaluates the requirement for Visabeira I’M to make takeover bid for Martifer

        Portugal’s securities market regulator, CMVM is analysing a possible requirement for construction firm Visabeira I’M to make a tender offer for another construction firm, Martifer. According to [...]

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         EDP Renováveis increases capital by €55.8 million
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        By Christopher Graeme
        In Companies, EDP, EDPR, Energy, News
        Posted 12 Maio, 2025

        EDP Renováveis increases capital by €55.8 million

        Portugal’s renewables company EDP Renováveis had raised €55 million in capital through a reserves incorporation resulting in the issue of 11,000 shares worth €5 each. The move was announced today [...]

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         The Navigator Company profits fall 25% to €48.3 million in 1Q
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        By Christopher Graeme
        In Companies, News, Paper and Paper Pulp, The Navigator Company
        Posted 9 Maio, 2025

        The Navigator Company profits fall 25% to €48.3 million in 1Q

        Portugal’s paper producer The Navigator Company saw profits tumble by 25% to post a net result of €48.3 million. In the first quarter of 2024 the company had made a net profit of €64 million. [...]

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         NOS starts restructuring process and announces redundancies round
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        By Christopher Graeme
        In Companies, News, NOS, Restructuring, Telcos, Telecoms
        Posted 9 Maio, 2025

        NOS starts restructuring process and announces redundancies round

        Portugal’s telecoms company NOS – which is held by Sonae – has begun a major restructuring process that will involve a round of redundancies. Some staff had been informed this week [...]

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         Greenvolt  – leading the way in Portugal in urban green energy communities
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        By Christopher Graeme
        In Biomass, Companies, Energy, Energy communities, Eolic energy, Green energy, Greenvolt, News, Solar energy, Solar Parks
        Posted 9 Maio, 2025

        Greenvolt – leading the way in Portugal in urban green energy communities

        Text: Chris Graeme; Photos: Colorshop One Portuguese renewables company that undoubtedly is at the heart of fulfilling Portugal’s National Energy Climate Plan 2030 is Greenvolt. Founded in 2021 [...]

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         Coimbra startup Ethiack bolsters presence in financial sector
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        By Christopher Graeme
        In Companies, Cybersecurity, Fintech, Insurtech, News, Start-Up
        Posted 7 Maio, 2025

        Coimbra startup Ethiack bolsters presence in financial sector

        Coimbra-based cybersecurity startup Ethiack has won new clients in the insurance and financial sectors including Ifthepay, Lusitania and Coverflex. These new clients in the financial sector join [...]

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         Drone manufacturer Tekever becomes Portugal’s latest unicorn
        0
        By Christopher Graeme
        In Companies, News, Start-Up
        Posted 7 Maio, 2025

        Drone manufacturer Tekever becomes Portugal’s latest unicorn

        Tekever, which is supplying drones to support Ukraine in defending itself against Russia’s war, has become Portugal’s seventh unicorn after being valued at £1Bn (€1.2Bn) following a new round of [...]

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         Corticeira Amorim profits climb to €16.4 million despite fall in sales
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        By Christopher Graeme
        In Companies, Corticeira Amorim, News
        Posted 7 Maio, 2025

        Corticeira Amorim profits climb to €16.4 million despite fall in sales

        Portugal’s cork giant Corticeira Amorim posted profits of €16.4 million in 1Q of 2025, representing an increase of 2.1% in like-for-like terms on 2023. The company led by António Rios de Amorim [...]

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        Essential Business Magazine Cover Nº25 January - March 2025
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