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        Construction

         Public works and investments in Angola site unveiled
        0
        By Christopher Graeme
        In Angola, Construction, Infrastructure, News
        Posted 13 Maio, 2024

        Public works and investments in Angola site unveiled

        A new information site about 25 large construction projects in Angola was unveiled recently at the Pestana Palace hotel in Lisbon. The site has two objectives; on the one hand to provide [...]

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         Portugal’s high taxes main barrier to affordable housing
        0
        By Christopher Graeme
        In Construction, House prices, Housing, Housing crisis, Housing market, News
        Posted 10 Maio, 2024

        Portugal’s high taxes main barrier to affordable housing

        High taxes in Portugal are the main reason why developers can’t build new affordable housing for the Portuguese middle classes. This is according to Hugo Santos Ferreira, President of the [...]

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         Teixeira Duarte cuts 800 jobs
        0
        By Christopher Graeme
        In Companies, Construction, Financial results, News
        Posted 6 Maio, 2024

        Teixeira Duarte cuts 800 jobs

        The Portuguese construction company Teixeira Duarte cut 800 jobs in 2023 when the construction firm posted losses of €3 million. The company now has 8,689 employees from 42 different [...]

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         Government housing measures “sufficient to meet needs”
        0
        By Christopher Graeme
        In Construction, Housing, News
        Posted 15 Abril, 2024

        Government housing measures “sufficient to meet needs”

        A Portuguese construction association boss says the country needs 45,000 new build houses to solve Portugal’s chronic affordable housing shortage. The President of the Association of Civil [...]

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         Soares da Costa headquarters going for a song
        0
        By Christopher Graeme
        In Companies, Construction, Liquidations, News
        Posted 8 Abril, 2024

        Soares da Costa headquarters going for a song

        The headquarters of the bankrupt Portuguese construction firm Soares da Costa in Vila Nova da Gaia (Porto) has only managed to achieve a maximum bid of €4.5 million in a second auction, well [...]

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         Martifer nets record €753 million in profits
        0
        By Christopher Graeme
        In Companies, Construction, News
        Posted 15 Março, 2024

        Martifer nets record €753 million in profits

        The Portuguese construction firm Martifer saw its profits soar by 48% with record orders worth €753 million in 2023. The group, controlled by the Martins brothers and Mota-Engil, closed 2023 with [...]

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         Teixeira Duarte front runner for IP3 contract
        0
        By Christopher Graeme
        In Construction, Construction project management, Infrastructure, News
        Posted 8 Março, 2024

        Teixeira Duarte front runner for IP3 contract

        The Portuguese construction giant Teixeira Duarte is in the lead against Spanish rivals to carry out repair and resurfacing works in the IP3 motorway between Santa Comba Dão and Viseu in the [...]

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         Construction costs up 1.9% in January
        0
        By Christopher Graeme
        In Construction, Inflation, News
        Posted 8 Março, 2024

        Construction costs up 1.9% in January

        The costs of new build construction in Portugal went up 1.9% overall in January like-for-like on 2022. This percentage represents an increase of 1.2% on December 2023 while the price of building [...]

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         Bankrupt Soares da Costa to auction HQ online for €6.9 million
        0
        By Christopher Graeme
        In Construction, Liquidations, News
        Posted 6 Março, 2024

        Bankrupt Soares da Costa to auction HQ online for €6.9 million

        The Portuguese bankrupt construction company Soares da Costa, once the largest in Portugal, is to press ahead with auctioning off its headquarters for just under €6.9 million. The company, which [...]

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         Public Ministry to investigate collapse of Soares da Costa: “where has all the money gone?”
        0
        By Christopher Graeme
        In Companies, Construction, Liquidations, News
        Posted 19 Fevereiro, 2024

        Public Ministry to investigate collapse of Soares da Costa: “where has all the money gone?”

        Portugal’s Public Ministry is to open an investigation into the bankruptcy of the construction company Soares da Costa after questions have arisen over where money from contracts in Angola has [...]

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        Essential Business Magazine Cover Nº25 January - March 2025
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        • Elections: PS already admitting defeat as CHEGA surges in emigrant vote
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