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        Companies

        0
        By Christopher Graeme
        In Bankruptcy and liquidation, Companies, Construction, News
        Posted 7 Julho, 2023

        Soares da Costa faces bankruptcy

        Creditors are to decide if one of Portugal’s oldest construction companies SDCCAA, formerly known as Soares da Costa, is to be forced into liquidation. Soares da Costa had changed its name to [...]

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        0
        By Christopher Graeme
        In Airlines, Companies, News, TAP
        Posted 7 Julho, 2023

        PSD slams TAP report as a “whitewash”

        TAP report makes 10 conclusions A 180-page preliminary report from a parliamentary inquiry into the way State-owned airline TAP has been managed in recent years, including when it was [...]

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        0
        By Christopher Graeme
        In Companies, Construction, Infrastructure, News
        Posted 5 Julho, 2023

        Mota-Engil company invests US$555M in Angola and Congo

        Lobito Atlantic Railways, a co-owned Mota-Engil consortium, is to invest up to €555 million in Angola and in the Democratic Republic of Congo. LAR is a company that was set up by Mota-Engil [...]

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        0
        By Christopher Graeme
        In Companies, News
        Posted 5 Julho, 2023

        Mutuares’ Efacec recovery plan to cut debt by 50%

        The strategy to reduce a €58 million debt taken on by electrical and transport systems company Efacec by 50% was announced by its new owners, German fund Mutuares this week. The debt had been [...]

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        0
        By Christopher Graeme
        In Companies, News, TAP
        Posted 5 Julho, 2023

        EY and Banco Finantia to evaluate TAP for privatisation

        The consultant EY and Banco Finantia have been selected by Parpública, the umbrella holding that manages Portuguese public companies, to conduct two independent evaluations of TAP in preparation [...]

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        0
        By Christopher Graeme
        In Companies, Food distribution, Justice, News
        Posted 3 Julho, 2023

        Carrefour sues Sonae over debts in Brazil

        The French supermarket retailer Carrefour is to sue Sonae in a bid to claw black a number of fines that were slapped on it over civil, labour and tax infractions that were still pendant and [...]

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        0
        By Christopher Graeme
        In Companies, Media, News
        Posted 3 Julho, 2023

        Ronaldo to buy shareholding in Cofina

        Footballer Cristiano Ronaldo has made a bid to be a key shareholder in the Portuguese media group Cofina which owns some of the country’s best selling news titles such as tabloid Correio da [...]

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        0
        By Christopher Graeme
        In Cloud Technology, Companies, News, Technology and Engineering Systems
        Posted 30 Junho, 2023

        Vortal opens new Lisbon office

        Vortal, the Portuguese company which developed an innovative electronic purchasing platform for public and private contracts, has inaugurated a new technology innovation hub where innovative [...]

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        0
        By Christopher Graeme
        In Bonds and Gilts, Companies, News, Securities
        Posted 30 Junho, 2023

        Insurer in €1.7M bond shopping spree

        The Portuguese insurer Fidelidade has bought a total of €1.7 million in BCP corporate securities in three operations according to a note sent to the Portuguese capital markets regulator CMVM. The [...]

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        0
        By Christopher Graeme
        In Asset and Fund Management, Asset Management, Companies, News
        Posted 26 Junho, 2023

        Mutares signs Efacec contract

        The German company Mutares has signed an agreement with the government to purchase the electrical and transport systems company Efacec. However, the asset management company says the deal will [...]

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