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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]