Companies

Portuguese airline companyTAP SGPS, now renamed SAIVILO, has been deemed to have formally defaulted on a €237 million bond loan from the Brazilian airline Azul controlled by airline mogul David [...]

Portuguese construction giant Mota-Engil, which has projects in Portugal, Latin America and Africa, has almost doubled its latest bond issue to €95 million. The company informed the market of the [...]

Boston-based tech firm Bitsight has undertaken a restructuring of its team in Portugal where it has its European base, replacing some of its operations in the cybersecurity area by an AI tool, [...]

Portuguese construction giant Mota-Engil, which has projects in Portugal, Latin America and Africa, has almost doubled its latest bond issue to €95 million. The company informed the market of the [...]

Portugal’s transport and electrical systems company Efacec has won its largest contract ever to develop and supply solutions for Lisbon’s metro red line extension. The company, acquired by the [...]

Portugal’s postal company CTT – Correios de Portugal announced on Tuesday a reduction of its share capital to the amount of €2,310,000.00 (€2.3 million) by offloading 4,620,000 treasury shares [...]

Otonomee, a fully remote, B Corp-certified customer management outsourcer, is to expand its workforce in Portugal with over 150 new jobs with more expected over the next few months. With its [...]

Portugal’s securities market regulator, CMVM is analysing a possible requirement for construction firm Visabeira I’M to make a tender offer for another construction firm, Martifer. According to [...]

Portugal’s renewables company EDP Renováveis had raised €55 million in capital through a reserves incorporation resulting in the issue of 11,000 shares worth €5 each. The move was announced today [...]

Portugal’s paper producer The Navigator Company saw profits tumble by 25% to post a net result of €48.3 million. In the first quarter of 2024 the company had made a net profit of €64 million. [...]