The Magellan 500 Group, one of the possible developers of Lisbon’s new International airport with a suggested site at Santarém, has formed a partnership with the Spanish company Ferrovial for [...]
The Co-CEO of Altice Portugal Alexandre Fonseca has stepped down from all executive and non-executive functions at the telecoms giant because he is under judicial investigation. Alexandre [...]
EDP’s electrical output fell 7% in the first half of 2023 party because of the effects of El Niño which particularly effected EDP Renováveis’ wind energy capacity in the US. In the same period [...]
Semapa, one of Portugal’s largest holdings that operates in areas such as paper production, cement, building materials and even venture capital, plans to acquire a portfolio of green and [...]
Claranet Portugal, the IT company which has the largest business turnover in its sector in Portugal, is preparing a round of possible acquisitions for 2024 and may include an IPO in Brazil. This [...]
The Aubay Group, a company that helps other companies nearshore their projects to Portugal, has been selected for the Euronext Tech Leaders Index which features technology leader companies [...]
Creditors are to decide if one of Portugal’s oldest construction companies SDCCAA, formerly known as Soares da Costa, is to be forced into liquidation. Soares da Costa had changed its name to [...]
TAP report makes 10 conclusions A 180-page preliminary report from a parliamentary inquiry into the way State-owned airline TAP has been managed in recent years, including when it was [...]
Lobito Atlantic Railways, a co-owned Mota-Engil consortium, is to invest up to €555 million in Angola and in the Democratic Republic of Congo. LAR is a company that was set up by Mota-Engil [...]
The strategy to reduce a €58 million debt taken on by electrical and transport systems company Efacec by 50% was announced by its new owners, German fund Mutuares this week. The debt had been [...]
