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        Companies

         Switch2 partners with CorPower Ocean on groundbreaking ‘wave powered’ green ammonia project
        0
        By Christopher Graeme
        In Companies, News, Offshore wind, Renewables
        Posted 2 Dezembro, 2024

        Switch2 partners with CorPower Ocean on groundbreaking ‘wave powered’ green ammonia project

        SwitcH2 is partnering with CorPower Ocean to deliver a unique industrial scale floating green ammonia production facility partially powered by wave energy. With backing from Norway-based BW [...]

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         Vista Alegre profits plummet 27% to September
        0
        By Christopher Graeme
        In Companies, News, Vista Alegre
        Posted 2 Dezembro, 2024

        Vista Alegre profits plummet 27% to September

        Vista Alegre closed the first nine months of this year with profits of €3.7 million, which represents a decrease of 27% compared to the same period last year, according to information published [...]

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         Circular economy worth €90 million for Sonae
        0
        By Christopher Graeme
        In Circular economy, Companies, News, Retail, Sonae
        Posted 25 Novembro, 2024

        Circular economy worth €90 million for Sonae

        The Sonae group’s turnover from circular products and services amounted to around €90 million in 2023, the company said in a statement this Friday. This “circularity” is done, [...]

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         Bosch Portugal may not be immune from redundancies
        0
        By Christopher Graeme
        In Automotive, Companies, Electric vehicles, News
        Posted 25 Novembro, 2024

        Bosch Portugal may not be immune from redundancies

        German multinational Bosch, which recorded sales of more than €2,000 million euros in Portugal last year and employs more than 7,000 in the country, does not rule out that Portugal may be part of [...]

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         Franchising sector creates 3% more jobs in 2024
        0
        By Christopher Graeme
        In Companies, Franchising, News
        Posted 18 Novembro, 2024

        Franchising sector creates 3% more jobs in 2024

        Employment in the franchising sector continues to grow in Portugal. After increasing 4.8% last year, having surpassed the 185,000 jobs threshold, it is expected to grow “between 2% and 3%” for [...]

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         TAP profits to September €118.2 million
        0
        By Christopher Graeme
        In Companies, Company results, News, TAP
        Posted 18 Novembro, 2024

        TAP profits to September €118.2 million

        TAP posted a profit of €118.2 million in the first nine months, a period in which it increased revenues from tickets and the aircraft maintenance business. The result benefits from the €117.8 [...]

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         Fusion Fuel stops production over unpaid salaries
        0
        By Christopher Graeme
        In Companies, Green energy, Green hydrogen, News
        Posted 18 Novembro, 2024

        Fusion Fuel stops production over unpaid salaries

        Fusion Fuel’s plant in Benavente (Santarém) which started operating in 2022 and was officially opened by António Costa in 2023, has shut down operations after having declared insolvency [...]

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         Jerónimo Martins holding to move to Amsterdam
        0
        By Christopher Graeme
        In Companies, Food distribution, Food retail and distribution, News, Relocating
        Posted 11 Novembro, 2024

        Jerónimo Martins holding to move to Amsterdam

        The holding company of Portuguese food distributor and retailer Jerónimo Martins, which holds the supermarket chain Pingo Doce in Portugal, is to move from Lisbon to Amsterdam. The Sociedade [...]

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         EDP profits up 14% to €1.8Bn to September
        0
        By Christopher Graeme
        In Companies, EDP, EDPR, Financial results, News
        Posted 11 Novembro, 2024

        EDP profits up 14% to €1.8Bn to September

        EDP posted a net result of €1.08Bn between January and September according to a note sent to the Portuguese securities commission CMVM. Profits for thew period were up 14% on the same period in [...]

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         Why transferring funds through a currency broker might get you a better deal than the banks
        0
        By Christopher Graeme
        In Companies, Currency exchange, News, Relocating
        Posted 11 Novembro, 2024

        Why transferring funds through a currency broker might get you a better deal than the banks

        Text: Chris Graeme; Photo: Joaquim Morgado (American Club of Lisbon) When small and micro companies decide to open an office in Portugal, one of the last things some tend to consider is the cost [...]

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        Essential Business Magazine Cover Nº25 January - March 2025
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