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        Companies

         Noesis nets €57.7M in 2022
        0
        By Christopher Graeme
        In Companies, Digital economy, News, Technology, Technology and Engineering Systems
        Posted 14 Junho, 2023

        Noesis nets €57.7M in 2022

        The technology consultant Noesis achieved a record business turnover of €57.7 million in 2022, representing a growth of 12.1% on the turnover registered the previous year according to Jornal [...]

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         EDP Renováveis seals deal with Google
        0
        By Christopher Graeme
        In Companies, EDP, News, Renewables
        Posted 14 Junho, 2023

        EDP Renováveis seals deal with Google

        EDP Renováveis, the renewables arm of Portugal’s multinational electricity generator and provider EDP, has closed a deal with Google to sell energy to the Netherlands. Jornal Económico reports [...]

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         Prozis opens 11th factory in the north
        0
        By Christopher Graeme
        In Companies, Entrepreneur, Manufacturing, News
        Posted 14 Junho, 2023

        Prozis opens 11th factory in the north

        One of Portugal’s most successful entrepreneurs, Miguel Milhão, is to open his company’s 11th product manufacturing unit in the north of the country. Prozis, which makes health food and food [...]

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         Vodafone/Nowo merger in limbo
        0
        By Christopher Graeme
        In Companies, Mergers and Acquisitions, News, Telecoms
        Posted 14 Junho, 2023

        Vodafone/Nowo merger in limbo

        Telecoms giant Vodafone is facing resistance from Portugal’s competition authority Autoridade da Concorrência (AdC) on the offer it launched in September to buy Nowo. The group had intended to [...]

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         Jerónimo Martins fined €36 million in Poland
        0
        By Christopher Graeme
        In Companies, Food distribution, News, Regulators and Supervisors
        Posted 14 Junho, 2023

        Jerónimo Martins fined €36 million in Poland

        Poland’s regulator has fined the Portuguese supermarket giant Jerónimo Martins, which operates in the country under the Biedronka trademark, €36 million for “deceptive advertising”. The consumer [...]

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         Fortera invests €200M in Seixal
        0
        By Christopher Graeme
        In Companies, News, Real Estate
        Posted 12 Junho, 2023

        Fortera invests €200M in Seixal

        The Israeli real estate developer Fortera is to invest €200 million on property developments in the Lisbon south bank estuary town of Seixal. The developer is at the centre of Operation Babel [...]

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         Altice to sell data centre for €100 million
        0
        By Christopher Graeme
        In Big Data, Cloud Technology, Companies, News, Telecoms
        Posted 12 Junho, 2023

        Altice to sell data centre for €100 million

        The telecoms giant Altice Portugal is negotiating the sale of its data centre at Covilhã for €100 million. The company expects to complete the sale at the start of the fourth quarter of this year [...]

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         3-5 years turnaround for Efacec
        0
        By Christopher Graeme
        In Companies, Electrical and Transport Systems, News
        Posted 12 Junho, 2023

        3-5 years turnaround for Efacec

        The Portuguese government has admitted that it will probably take three to five years for the German vulture fund Mutares to restructure the electrical and transport systems company Efacec and [...]

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         Luz Saúde – the floatation of the decade
        0
        By Christopher Graeme
        In Companies, IPO, News, Stocks and Shares
        Posted 12 Junho, 2023

        Luz Saúde – the floatation of the decade

        Lisbon’s stock market, Euronext Lisboa, is gearing up for what will be Portugal’s biggest floatation in a decade. The private health group Luz Saúde, which is held by the insurer Fidelidade, will [...]

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         Mota-Engil signs 9 contracts in Latin America
        0
        By Christopher Graeme
        In Companies, Construction, Construction project management, News
        Posted 9 Junho, 2023

        Mota-Engil signs 9 contracts in Latin America

        The Sino-Portuguese construction company Mota-Engil has signed 9 contracts in several Latin American countries including Brazil, Mexico and Peru. By doing so, it has achieved its aim of [...]

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