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        Companies

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        By Christopher Graeme
        In Big Data, Cloud Technology, Companies, News, Telecoms
        Posted 12 Junho, 2023

        Altice to sell data centre for €100 million

        The telecoms giant Altice Portugal is negotiating the sale of its data centre at Covilhã for €100 million. The company expects to complete the sale at the start of the fourth quarter of this year [...]

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        0
        By Christopher Graeme
        In Companies, Electrical and Transport Systems, News
        Posted 12 Junho, 2023

        3-5 years turnaround for Efacec

        The Portuguese government has admitted that it will probably take three to five years for the German vulture fund Mutares to restructure the electrical and transport systems company Efacec and [...]

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        0
        By Christopher Graeme
        In Companies, IPO, News, Stocks and Shares
        Posted 12 Junho, 2023

        Luz Saúde – the floatation of the decade

        Lisbon’s stock market, Euronext Lisboa, is gearing up for what will be Portugal’s biggest floatation in a decade. The private health group Luz Saúde, which is held by the insurer Fidelidade, will [...]

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        By Christopher Graeme
        In Companies, Construction, Construction project management, News
        Posted 9 Junho, 2023

        Mota-Engil signs 9 contracts in Latin America

        The Sino-Portuguese construction company Mota-Engil has signed 9 contracts in several Latin American countries including Brazil, Mexico and Peru. By doing so, it has achieved its aim of [...]

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        0
        By Christopher Graeme
        In Companies, Electrical and Transport Systems, Engineering, News
        Posted 9 Junho, 2023

        Mutares and government to sign Efacec contract in June

        The German asset management fund Mutares is to sign the purchase contract for the electrical and transport systems company Efacec this month. The company has suffered a steady decline in orders [...]

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        By Christopher Graeme
        In Automotive, Companies, Manufacturing, News
        Posted 5 Junho, 2023

        Autoeuropa secures hybrid car for 2025

        Workers at the VW Autoeuropa plant will know this weekend if the plant based at Palmela has secured the production of a new hybrid Volkswagen. According to an interview with Público, the Managing [...]

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        By Christopher Graeme
        In Asset and Fund Management, Asset Management, Companies, News
        Posted 2 Junho, 2023

        Mutares wins Efacec bid

        Portugal’s Council of Ministers will decide today to announce that the German equity group Mutares has won the bid for the reprivatisation of the electrical and transport systems firm Efacec. [...]

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        0
        By Christopher Graeme
        In Companies, Cybersecurity, News, Technology
        Posted 31 Maio, 2023

        Cisco Portugal announces new Academy of Cybersecurity

        The Portuguese subsidiary of the US IT giant Cisco will launch a Cisco Cybersecurity Academy on September 21 in Lisbon. Common to many parts of the world, Portugal is suffering from a significant [...]

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        0
        By Christopher Graeme
        In Companies, Financial results, Insurance, News
        Posted 31 Maio, 2023

        Coface with €61.2M net profit

        The loan insurer Coface posted strong start-of-year net profits of €61.2 million for Q1 of 2203. The result represents an increase of 17% on the profits of €52.3 million posted in Q1 2022. The [...]

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        0
        By Christopher Graeme
        In Companies, Hostile Takeover Bids, Media, News
        Posted 31 Maio, 2023

        Management buyout at Cofina

        The CEO of Cofina Media, one of the largest in Portugal, has confirmed that the company, which has newspapers such as Correio da Manhã, Sábado, Record and Jornal de Negócios, will be bought out [...]

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