Companies

The US concert promoter Americana Live Nation is to buy a controlling share in the Portuguese promoter Ritmos & Blues and in Arena Atlântico S.A. The deal is subject to the agreement of the [...]

Portuguese companies, including its construction firms, need to merge or join forces and gain scale in order to stand any chance of successfully competing for deals and projects overseas [...]

Azores Airlines and Air Açores – both belonging to the SATA Group – enjoyed its best year ever in terms of revenues, despite suffering net financial losses of €32.4 and €2.5 million, [...]

The Tangível Group, which focuses on human-centred design and innovation in Portugal, posted results of €5.1 million in 2022, up 70% on the previous year. The company aims to raise the bar this [...]

The British fund Arrow has purchased the furniture manufacturer Viriato in Gandra and has saved 113 jobs in the process. The fund has placed a new CEO, Jorge Neto Morgado, to manage the Viriato [...]

The renewable energy company Greenvolt more than doubled its profits by 114% to €16.6 million in 2022. The company’s net profits were €16.6 million, a growth of 114% on 2021 according to the [...]

In Essential Business’s forthcoming Issue 20, which will be out from the beginning of April, we provide an extensive coverage to the outgoing President of the Portuguese Industrial Confederation [...]

VIC Properties, one of the largest real estate developers in Portugal, has announced new shareholders and plans to reinforce the company’s financial structure. The holding that detains VIC [...]

An ex-legal director of TAP who joined the airline in May 2018 on a salary of €9,500 a month, was awarded a bonus of €19,570 in 2019; a year in which the company posted a €118 million loss. [...]

The Portuguese multi-sectoral, multinational group Sonae has posted an increase in its profits for 2022 of 28%. The company which operates Sonae Sierra shopping malls across Portugal and Europe [...]