The Portuguese company Magycal, which develops media platforms and had a €1.2 million turnover in 2022 (+13% on 2021), is increasing its International business. “After strong growth between [...]
Insurance companies that are supervised by the ASF (Portuguese Authority for the Supervision of Insurers and Pension Funds) says the total profits for the sector have fallen 15%. The insurers [...]
The Portuguese company Magic Beans, which specialises in technology advisory services, saw revenues grow 23% in H1 2023. Its goal now is to grow by over 50% for the year after having achieved a [...]
The construction consortium Mota-Engil and CRRC (China) are one of four consortia in the running to build the second line of the Bogotá metro in Colombia. The contract is worth US$2Bn (€1.8Bn) [...]
The Portuguese construction company DST has won a contract worth €67 million to build hospitals in Angola. It will construct the Hospital Geral de Viana and the Hospital Geral de Cacuaco in the [...]
Portuguese digital payments company SIBS says that a digital euro could pave the way for a European MB Way style service. It would result from the cooperation and connection of various payment [...]
Portugal’s electricity giant EDP saw profits increase 43% in the first half of 2023. The positive results were partly down to a recovery in hydro-electricity production that between January and [...]
The Santo Tirso company Nuri, which produced sports socks for companies like Primark and Puma, has suddenly closed down leaving €12 million in debt and 108 employees on the dole. The company was [...]
The shares of Portugal’s multinational food retail and shopping mall giant Sonae are at their highest value after gaining in value by 6% on May 10 with the news that it had sold a 11.3% share in [...]
The ratings agency Moody’s has warned that the current investigations into Altice Portugal over money laundering, fraud and corruption has revealed “deficiencies in internal control”. It says the [...]
