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        Companies

        0
        By Christopher Graeme
        In Companies, Industry, News, Opinion
        Posted 24 Março, 2023

        ICPT: A tribute to industry’s captain

        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 [...]

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        By Christopher Graeme
        In Companies, Development, News, Real Estate
        Posted 20 Março, 2023

        VIC Properties announces new shareholders

        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 [...]

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        By Christopher Graeme
        In Companies, News, TAP
        Posted 20 Março, 2023

        TAP lawyer in bonus row

        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. [...]

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        By Christopher Graeme
        In Companies, Food retail and distribution, News, Shopping Centres
        Posted 17 Março, 2023

        Sonae profits up 28%

        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 [...]

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        By Christopher Graeme
        In Companies, News, Shopping Centres
        Posted 13 Março, 2023

        Sonae Sierra opens largest shopping centre in south-east Europe

        Portuguese international shopping centres specialist Sonae Sierra has opened the largest mall in south-east Europe. The Prishtina Mall which is located 10km from Pristina, the capital of Kosovo, [...]

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        By Christopher Graeme
        In Companies, Retail, Supermarkets
        Posted 13 Março, 2023

        DIA cuts losses by 50% in 2022

        The international food distribution group DIA, which owns Minipreço in Portugal, managed to slash its losses by a half in 2022. Portugal represents only 8% of the group’s net food retail sales [...]

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        By Christopher Graeme
        In Companies, News, TAP
        Posted 13 Março, 2023

        Ex-TAP CEO to demand €3 million in salaries, bonus and compensation

        The decision to ask a former TAP director to hand back most of a €500,000 ‘Golden Handshake’ and which was followed by the dismissal of its CEO, could be about to cost the company even dearer. [...]

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        By Christopher Graeme
        In Companies, Media, News
        Posted 10 Março, 2023

        Impresa profits tumble 91.4%

        Profits at Portuguese independent media group Impresa fell 91.4% in 2022, but its debt also fell, although expenses rose. The company which owns SIC TV, SIC International, SIC Notícias, Expresso, [...]

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        By Christopher Graeme
        In Companies, Logistics, News
        Posted 8 Março, 2023

        Garland Group grows 13% in 2022

        The Garland Group, one of the principal players in the Portuguese transport, shipping and logistics sector, saw its business turnover grow 13% last year on 2021 – more than in the [...]

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        By Christopher Graeme
        In Companies, News, Pharmaceuticals
        Posted 8 Março, 2023

        Bluepharma opens industrial unit

        Bluepharma, a Portuguese pharmaceutical company, has just opened a state-of-the-art industrial unit specialised in the production of oral solid high potent drugs, namely in the oncology area. The [...]

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