Ikea has announced that it will boost investment in Portugal by €60 million after sales grew by 11% in the 2023 tax year. Ikea Portugal achieved sales of €611 million for the tax year that ended [...]
The French technology consulting services company Devoteam, which employs 1,300 in Portugal, has acquired the Open AI and Digital, and Big Data company Singularity Digital Enterprise that [...]
The general assembly of bond holders at electrical and transport systems company Efacec have voted to accept a €5.8 million reduction in the value of their bonds in the company. The company was [...]
Delta has launched the first Portuguese coffee entirely produced in the Azores. It has been named ‘Impossible Coffee’ because “it is almost impossible to produce coffee in Europe but we have done [...]
More than a decade after the start of a nine month investigation into corruption fraud and money laundering involving Portugal’s electricity giant EDP, the defendants in the case are finally [...]
The President of Mota-Engil, Carlos Mota dos Santos has invested a further €60,000 in 121,000 shares, corresponding to 0.04% of its capital share. The multi-national construction firm stated in a [...]
Investment banks instructed by the telecommunication giant Altice International to study solutions to reduce the company’s multi-billion-euro debt, have sent a teaser to private equity funds with [...]
Miguel Farinha, the current Strategy and Transactions Leader of EY Portugal has been appointed as the new CEO of EY Portugal. He replaces João Alves at the tax and accounting consultancy. He has [...]
Shopping centre management company Sonae Sierra has been chosen as the ‘Best Investment Manager’ on the Iberian Peninsula by the magazine Euromoney. The Global Euromoney Real Estate award for the [...]
Cash strapped Altice International, currently embroiled in a police investigation in Portugal over alleged damaging contracts, is testing the water by issuing €500 million in securities. The [...]
