News

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 [...]

Investments foreseen for the Banco Português de Fomento’s (BPF) Strategic Recapitalisation Programme have fallen 10% on what had been expected at the start of November. Several companies have [...]

In 2013 when António Portela decided it was time to join the family firm BIAL to become the fourth generation involved in the family company, which this year celebrated its 100th anniversary on [...]

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 [...]

Portugal’s paper manufacturer The Navigator Company has improved on the price for its Public Acquisition Offer (OPA) for Accrol that was announced on March 22 to 39 pence per share. Accrol, the [...]

The Portuguese company Topbrands, a company founded by João Saramago Tavares in 2018 as an international sourcing company, but which developed into a product development company producing own [...]

The fallout from various bailouts by the Portuguese government to the country’s banking sector since 2007 is still weighing on Portugal’s public accounts, both in terms of budget balance and [...]

Developers involved in the MadoquaPower2X project to create green ammonia at Sines are looking at the first phase of the production to begin in 2028. With an investment of around €1Bn, it is [...]

Farfetch, the former Portuguese online luxury retail unicorn bought out by South Korea’s Coupang, is to wind up its operations centre in Matosinhos at the end of this month. The company had [...]

The first alternative investment fund in Portugal to trade in crypto assets has been given the green light by the Portuguese securities commission CMVM. The 3 Comma Capital (3CC) Global Crypto [...]