The failure of one of Portugal’s most important construction companies, Soares da Costa, which left a trail of debts of €526 million, was a case of “culpable Insolvency” according to [...]
The Santo Tirso company Nuri, which produced sports socks for companies like Primark and Puma, has suddenly closed down leaving €12 million in debt and 108 employees on the dole. The company was [...]
Over half of Portugal’s textile sector is temporarily shutting down production because of spiralling energy costs. And according to the sector’s association, scores of companies will face [...]
Novo Banco has sold the old premises of Lisgráfica on an industrial park at Queluz de Baixo in Oeiras. In what has been called the industrial sale of the year, the 48,000m2 Gross [...]
Paulo Maló, Portugal’s millionaire dentist who revolutionised reconstructive dental surgery and implants in the country has been officially declared insolvent. The personal bankruptcy was [...]
Creditors owed millions of euros by Portuguese clothing manufacturer Dielmar have decided to extend their liquidation deadline until 26 October to give the company’s official receivers time to [...]
The number of companies that filed for bankruptcy in Portugal between January and August this year fell 12% on the same six-month period in 2020. Between January and August the number of [...]
Novo Banco is continuing to recover money from Invesfundo III which pertained to a failed Espírito Santo Group (GES) project in Gaia, Porto. It has now received 25% of the €58 million that it [...]
The future of troubled Portuguese textile company Dielmar which makes pieces for top luxury fashion brands such as Cerruti, Marzotto, Ermenegildo Zegna and Loro Piana may not be so bleak as [...]
There were 3,000 bankruptcies registered for Portugal in the first six months of this year according to a report from the Spanish consultancy Iberinform. The consultancy revealed an increase in [...]
