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        Companies

         NOS starts restructuring process and announces redundancies round
        0
        By Christopher Graeme
        In Companies, News, NOS, Restructuring, Telcos, Telecoms
        Posted 9 Maio, 2025

        NOS starts restructuring process and announces redundancies round

        Portugal’s telecoms company NOS – which is held by Sonae – has begun a major restructuring process that will involve a round of redundancies. Some staff had been informed this week [...]

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         Greenvolt  – leading the way in Portugal in urban green energy communities
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        By Christopher Graeme
        In Biomass, Companies, Energy, Energy communities, Eolic energy, Green energy, Greenvolt, News, Solar energy, Solar Parks
        Posted 9 Maio, 2025

        Greenvolt – leading the way in Portugal in urban green energy communities

        Text: Chris Graeme; Photos: Colorshop One Portuguese renewables company that undoubtedly is at the heart of fulfilling Portugal’s National Energy Climate Plan 2030 is Greenvolt. Founded in 2021 [...]

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         Coimbra startup Ethiack bolsters presence in financial sector
        0
        By Christopher Graeme
        In Companies, Cybersecurity, Fintech, Insurtech, News, Start-Up
        Posted 7 Maio, 2025

        Coimbra startup Ethiack bolsters presence in financial sector

        Coimbra-based cybersecurity startup Ethiack has won new clients in the insurance and financial sectors including Ifthepay, Lusitania and Coverflex. These new clients in the financial sector join [...]

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         Drone manufacturer Tekever becomes Portugal’s latest unicorn
        0
        By Christopher Graeme
        In Companies, News, Start-Up
        Posted 7 Maio, 2025

        Drone manufacturer Tekever becomes Portugal’s latest unicorn

        Tekever, which is supplying drones to support Ukraine in defending itself against Russia’s war, has become Portugal’s seventh unicorn after being valued at £1Bn (€1.2Bn) following a new round of [...]

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         Corticeira Amorim profits climb to €16.4 million despite fall in sales
        0
        By Christopher Graeme
        In Companies, Corticeira Amorim, News
        Posted 7 Maio, 2025

        Corticeira Amorim profits climb to €16.4 million despite fall in sales

        Portugal’s cork giant Corticeira Amorim posted profits of €16.4 million in 1Q of 2025, representing an increase of 2.1% in like-for-like terms on 2023. The company led by António Rios de Amorim [...]

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         AstraZeneca invests €600 million in new hub in Lisbon
        0
        By Christopher Graeme
        In Companies, FDI, News, Pharmaceuticals
        Posted 6 Maio, 2025

        AstraZeneca invests €600 million in new hub in Lisbon

        AstraZeneca, one of the largest pharmaceutical companies in the world with operations in Portugal since 1999, is to invest €600 million in a new competencies hub in Lisbon. The new hub, located [...]

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         Riopele profits up 15.7% to €5 million in 2024
        0
        By Christopher Graeme
        In Companies, Manufacturing, News, Textiles
        Posted 2 Maio, 2025

        Riopele profits up 15.7% to €5 million in 2024

        Profits posted by Portuguese textile company Riopele were up 15.7% to €5 million for 2024 compared to 2023 with consolidated sales increasing 1% to €98.5 million according to the news agency [...]

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         US company Equinix invests €50 million in new data centre in Portugal
        0
        By Christopher Graeme
        In Cable, Cloud Technology, Companies, Data centres, News
        Posted 2 Maio, 2025

        US company Equinix invests €50 million in new data centre in Portugal

        The US company Equinix, a digital infrastructure company enabling digital leaders to harness a platform to bring together and interconnect foundational infrastructures, has invested €50 million [...]

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         Sonae launches industrial investment company Prismore Capital
        0
        By Christopher Graeme
        In Companies, Investment, News, Sonae
        Posted 2 Maio, 2025

        Sonae launches industrial investment company Prismore Capital

        Portugal’s Sonae Capital Industrials has changed its name to Prismore Capital and has acquired two Spanish companies – Madrid-based Waste Plastic Iberia (WPI) and 33% of the capital of the [...]

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         Galp seeks credible partner in Namibia
        0
        By Christopher Graeme
        In Companies, Energy, Galp, News, Oil and Gas
        Posted 29 Abril, 2025

        Galp seeks credible partner in Namibia

        After having drilled five offshore oil wells in Namibia in little more than a year, Portugal’s energy giant Galp is seeking credible partners to explore natural oil depots in the Mopane basin in [...]

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