Corticeira Amorim closes Silves factory
Cork giant Corticeira Amorim announced on Wednesday that it would close its factory Amorim Cork Solutions in Silves. The 31 employees have been informed and given the opportunity to move 200km to [...]
Corticeira Amorim elected most sustainable company in the wine sector by Finance Magazine
World Finance Magazine has elected the Portuguese multinational cork giant Corticeira Amorim the ‘Most Sustainable Company’ in the ‘Wine Products Industry’ category at the World [...]
Corticeira Amorim profits fall almost 10% in 2023
Portugal’s cork giant Corticeira Amorim saw sales fall below the €1Bn benchmark in 2023 because of a “significant reduction” in business activity and an unfavourable exchange effect. Corticeira [...]
Cork exports hit record of €1.232Bn in 2023
Portuguese exports of cork reached a new record of €1.232Bn in 2023, up 2% on 2022, with bottle corks exceeding €900 million in exports for the first time according to the Portuguese Cork [...]
Cork exports hit new record
Portuguese exports of cork have hit a new record in revenues in the first half of 2023 with a total of €670,435 million being exported (+3.2%) like-for-like according to the Portuguese [...]
Corticeira Amorim profits up 18.2%
Profits at Portugal’s cork giant Corticeira Amorim rose 18.2% in the first quarter of the year partly because of savings on operational costs. The company enjoyed profits of €23.8 million, a [...]
