The fund CoRe Capital, a venture capital company, has sold the Marinha Grande based mechanical engineering company Electrofer to Mealogalva, According to ECO, Mealogalva, the company that [...]
Portugal was responsible for 11.3% of Chinese company Fosun’s revenues in the first half of 2023. Yet the conglomerate’s financial problems has seen it sell off a clutch of non-core ‘heavy’ [...]
Portuguese airline TAP posted a net profit of €22.9 million in the first half of this year, representing an improvement of 111% or €224 million in relation to the months of January to June 2023 [...]
The Gross Value Added of Portugal’s SMEs will grow 7.5% this year according to forecasts from the European Commission that points to inflation as one of the main reasons behind the growth. [...]
Portugal’s largest car plant VW Autoeuropa will begin a two-week stoppage from September 1 that could last for an indefinite period because of a lack of parts from a supplier in Slovenia. [...]
The CEO of telecoms giant Altice Portugal, Ana Figueiredo, is to join the main shareholder of Altice on a roadshow to meet investors with the aim of restoring confidence after the company’s [...]
Law firm EDGE is to act on behalf of The Fladgate Partnership for the purchase of three estates from Ideal Drinks. The wine estates involved are: Quinta da Bella in the Dão, Quinta Colinas de São [...]
Midas Portugal is to open its eighth car repair garage by the end of the year near Viseu. The new garage in Beira Alta is the result of a partnership between the Maintarget Group and Midas and is [...]
The Portuguese baggage handling company Groundforce is likely to see an insolvency and restructuring plan and a new majority shareholder within a matter of weeks. The decision will be officially [...]
Advised by Savills, the multinational consultancy The Force, specialised in healthcare and services to pharmaceutical companies, is preparing to open its first office in Portugal in the Hoechst [...]