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        Companies

         DST wins €67 million hospital contract
        0
        By Christopher Graeme
        In Angola, Companies, Construction, News
        Posted 14 Agosto, 2023

        DST wins €67 million hospital contract

        The Portuguese construction company DST has won a contract worth €67 million to build hospitals in Angola. It will construct the Hospital Geral de Viana and the Hospital Geral de Cacuaco in the [...]

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         MB Way could be accepted Europe wide
        0
        By Christopher Graeme
        In Companies, News, Payment systems
        Posted 28 Julho, 2023

        MB Way could be accepted Europe wide

        Portuguese digital payments company SIBS says that a digital euro could pave the way for a European MB Way style service. It would result from the cooperation and connection of various payment [...]

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         EDP profits up 43% in H1, 2023
        0
        By Christopher Graeme
        In Companies, EDP, News
        Posted 28 Julho, 2023

        EDP profits up 43% in H1, 2023

        Portugal’s electricity giant EDP saw profits increase 43% in the first half of 2023. The positive results were partly down to a recovery in hydro-electricity production that between January and [...]

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         Sports socks factory Nuri closes abruptly with €12M debts
        0
        By Christopher Graeme
        In Companies, Insolvencies, News
        Posted 24 Julho, 2023

        Sports socks factory Nuri closes abruptly with €12M debts

        The Santo Tirso company Nuri, which produced sports socks for companies like Primark and Puma, has suddenly closed down leaving €12 million in debt and 108 employees on the dole. The company was [...]

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         Sonae shares up 6%
        0
        By Christopher Graeme
        In Companies, News, Telecoms
        Posted 24 Julho, 2023

        Sonae shares up 6%

        The shares of Portugal’s multinational food retail and shopping mall giant Sonae are at their highest value after gaining in value by 6% on May 10 with the news that it had sold a 11.3% share in [...]

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         Moody’s in Altice alert
        0
        By Christopher Graeme
        In Companies, Justice, News
        Posted 21 Julho, 2023

        Moody’s in Altice alert

        The ratings agency Moody’s has warned that the current investigations into Altice Portugal over money laundering, fraud and corruption has revealed “deficiencies in internal control”. It says the [...]

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         Brisa in binding offer for Greek concession
        0
        By Christopher Graeme
        In Companies, Infrastructure, News, Road and rail
        Posted 19 Julho, 2023

        Brisa in binding offer for Greek concession

        The Portuguese motorway concession group Brisa which is led by António Pires de Lima, has made a binding offer for the Greek motorways concession company Attiki Odos. The concession is for 25 [...]

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         Bonds plummet in Altice revolving door scandal
        0
        By Christopher Graeme
        In Companies, Corruption, Justice, News
        Posted 19 Julho, 2023

        Bonds plummet in Altice revolving door scandal

        Investigations by Portugal’s criminal investigations department into alleged illegal activities at the country’s telecoms giant Altice Portugal has undermined confidence in the company’s bond [...]

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         Brisa in binding offer for Greek concession
        0
        By Christopher Graeme
        In Companies, Infrastructure, News, Road and rail
        Posted 19 Julho, 2023

        Brisa in binding offer for Greek concession

        The Portuguese motorway concession group Brisa which is led by António Pires de Lima, has made a binding offer for the Greek motorways concession company Attiki Odos. The concession is for 25 [...]

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         Mutares informs competition authority of Efacec purchase
        0
        By Christopher Graeme
        In Companies, Funds, News
        Posted 17 Julho, 2023

        Mutares informs competition authority of Efacec purchase

        The German fund Mutares has informed the Portuguese competition authority of its purchase of the electrical and transport systems company Efacec. The regulator AdC made the information public on [...]

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