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        Companies

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        By Christopher Graeme
        In Companies, Competitiveness, News
        Posted 21 Junho, 2023

        Portugal in 39th place in WCR

        Portugal has risen three places from 42nd to 39th place in the IMD World Competitiveness Ranking which evaluates how competitive countries are around the world. For the eighth consecutive year [...]

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        By Christopher Graeme
        In Capital markets, Companies, Company boards, News
        Posted 19 Junho, 2023

        Number of new non-executive board members on listed companies doubles – more women and overseas citizens

        The number of new inexperienced non-executive board members at companies listed on Portugal’s stock market Euronext has doubled to 80% of the total compared to a European average of 39%. This is [...]

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        By Christopher Graeme
        In Companies, News, Savings bonds
        Posted 16 Junho, 2023

        CTT makes €24M from bonds

        The Portuguese postal service and bank CTT made €24 million from savings and treasury bonds this year. Portugal’s private postal and banking service CTT has made over €144 million from the State [...]

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        By Christopher Graeme
        In Aviation, Companies, News, TAP
        Posted 16 Junho, 2023

        TAP – David Neeleman speaks out

        The former private shareholder of Portuguese airline TAP, David Neeleman, has hit out against criticisms and veiled accusations about his conduct when he purchased and later sold his share in the [...]

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        By Christopher Graeme
        In Companies, Digital economy, News, Technology, Technology and Engineering Systems
        Posted 14 Junho, 2023

        Noesis nets €57.7M in 2022

        The technology consultant Noesis achieved a record business turnover of €57.7 million in 2022, representing a growth of 12.1% on the turnover registered the previous year according to Jornal [...]

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        By Christopher Graeme
        In Companies, EDP, News, Renewables
        Posted 14 Junho, 2023

        EDP Renováveis seals deal with Google

        EDP Renováveis, the renewables arm of Portugal’s multinational electricity generator and provider EDP, has closed a deal with Google to sell energy to the Netherlands. Jornal Económico reports [...]

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        By Christopher Graeme
        In Companies, Entrepreneur, Manufacturing, News
        Posted 14 Junho, 2023

        Prozis opens 11th factory in the north

        One of Portugal’s most successful entrepreneurs, Miguel Milhão, is to open his company’s 11th product manufacturing unit in the north of the country. Prozis, which makes health food and food [...]

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        By Christopher Graeme
        In Companies, Mergers and Acquisitions, News, Telecoms
        Posted 14 Junho, 2023

        Vodafone/Nowo merger in limbo

        Telecoms giant Vodafone is facing resistance from Portugal’s competition authority Autoridade da Concorrência (AdC) on the offer it launched in September to buy Nowo. The group had intended to [...]

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        By Christopher Graeme
        In Companies, Food distribution, News, Regulators and Supervisors
        Posted 14 Junho, 2023

        Jerónimo Martins fined €36 million in Poland

        Poland’s regulator has fined the Portuguese supermarket giant Jerónimo Martins, which operates in the country under the Biedronka trademark, €36 million for “deceptive advertising”. The consumer [...]

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        By Christopher Graeme
        In Companies, News, Real Estate
        Posted 12 Junho, 2023

        Fortera invests €200M in Seixal

        The Israeli real estate developer Fortera is to invest €200 million on property developments in the Lisbon south bank estuary town of Seixal. The developer is at the centre of Operation Babel [...]

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