Jerónimo Martins, the owner of the Portuguese supermarket chain Pingo Doce, saw sales grow 9.3% last year to €33.5 million said the group on Tuesday in a note sent to the stock market regulator [...]
The holding company of Portuguese food distributor and retailer Jerónimo Martins, which holds the supermarket chain Pingo Doce in Portugal, is to move from Lisbon to Amsterdam. The Sociedade [...]
Portugal is the fifth largest coffee producer in Europe according to the EU’s statistical body Eurostat. Last year Italy was the biggest coffee producer with 556,500 tonnes or 25% of total [...]
Os Mosqueteiros, which owns food retail outlets Intermarché, the DIY, building materials and tools retailer Bricomarché, and the Roady auto centres, is to invest around €240 million to 2029 on a [...]
The freshly bagged salad and veg company Vitacress, part of the RAR Group, expects to close 2024 with a turnover of €45 million, up €5 million on 2023. The company sells 15% of its produce [...]
The multi-sector Portuguese company Sonae closed 2023 with a turnover of €8.4Bn, up 9.2% on 2022. Sonae’s EBITDA was a record €990 million. The growth was driven by MC, the owner of Continente, [...]
Food suppliers Aqui é Fresco which has already made a €500 million turnover, is to open 700 stores nationwide. The chain of independent mini-marts and small supermarkets which started 12 years [...]
Portuguese supermarket and food distribution giant Jerónimo Martins says that its business in Colombia should be worth 20% of its total business sales within a decade. The company currently [...]
The French supermarket retailer Carrefour is to sue Sonae in a bid to claw black a number of fines that were slapped on it over civil, labour and tax infractions that were still pendant and [...]
The shares of Portuguese food distribution group Jerónimo Martins, which holds supermarkets such as Pingo Doce in Portugal and Biedronka in Poland, have been changing hands for record amounts [...]