The Belgian fintech company Loyaltek is looking for a country manager after announcing its decision to enter the Portuguese market. The company has a product offer which aims to relaunch [...]
The Portuguese Minister of Infrastructure warned this week that while the Government does not want to “let TAP collapse” it cannot rule out the possibility of the airline going bankrupt. The [...]
Portugal’s BCP bank saw profits tumble by 77% in the first quarter of 2020 to register a net profit of €35 million. The bank explained the fall on the pandemic which shut down the economy in [...]
Portugal’s energy giant EDP is to sell to sell two power station groups in Castejón, Navarra in Spain for €515 million. The combined cycle plants which produce 843 MW of power is to be bought by [...]
Bridge In, a Portuguese startup which attracts technology companies to Portugal, has won a pre-seed €100,000 venture investment from a British investors. Bridge In is a platform that offers [...]
The outgoing governor of the Bank of Portugal Carlos Costa says that Mário Centeno could be a “great governor” to lead the country’s central bank. In an interview with the weekend newspaper [...]
The world-famous Portuguese fine glass and china producer Vista Alegre posted accumulated losses of €800,000 in the first quarter of 2020. The losses, caused by the Covid-19 pandemic which forced [...]
Portuguese banks lent €952 million for mortgages in March bringing the total for home loans for the first quarter of 2020 to €2.84Bn. It was the quarter with the highest amount of credit lent by [...]
Clients of bank Santander Totta have applied for grace periods on loans worth €9Bn. In all they represent 82,000 families and companies adding up to 25% of all the bank’s personal clients and 40% [...]
One of Portugal’s largest food retailers, Jerónimo Martins which owns supermarket chain Pingo Doce, has seen 14% wiped off its share value on the Lisbon Stock Market. It was the largest fall [...]
