Portuguese supermarket and food distribution giant Jerónimo Martins says that its business in Colombia should be worth 20% of its total business sales within a decade. The company currently [...]
Portugal’s largest car plant Autoeuropa will restart production on October 2 according to a note sent to employees. The decision was taken after the company managed to find alternatives to its [...]
Portugal’s Business Confederation (CIP) is prepared to negotiate a Social Pact with unions that could include an increase in salaries of 4.8% for employees. The president of CIP, Armindo Monteiro [...]
Portugal’s oil and gas giant Galp is to invest €128 million on keeping its refinery at Sines in tip-top operational condition. Part of the industrial unit that houses the sole refinery left in [...]
The number of parties interested in joining the race to buy TAP has grown this week after a Brazilian parliamentary commission discussed on Thursday the possibility of Brazil entering the [...]
Sixteen Portuguese funds are cashing in thanks to the success of semi-conductor company Nvidia whose shares hit an all-time high on the back of the AI boom. Nvidia’s shares have gained 200% in [...]
Altice has hired four investment banks to value the sale of some assets it plans to sell to reduce its debs according to Reuters. At least four banks have been hired with contracts to that effect [...]
The Portuguese food and sports clothing group Prozis, owned by entrepreneur Miguel Milhão, aims to have a €10 million turnover for its 12th factory that will produce socks. Miguel Milhão is the [...]
The CUF private hospitals group saw its profits soar by 63.7% to €25.4 million in the first half of 2023. It was an impressive increase on the like-for-like profit of €15.5 million last year for [...]
The CEO of telecommunications company Altice Portugal, Ana Figueiredo has carried out an executive clean sweep, removing both its financial and technological directors. The decision has been made [...]
