The Portuguese electricity company says that uncertainty no longer looms over the United States, and that both this market and data centres are expected to absorb much of its energy.
With the green light from Spanish competition authorities and no signs of opposition from the Sánchez government, analysts predict that the deal will be completed within three to six months.
The EDP Group will invest €12 billion by 2028, more than half of which will be in renewable energy. At the same time, it expects to increase its dividends and profits. EDPR is expected to double them.
With the turbulence behind and the desired visibility achieved, Miguel Stilwell d'Andrade will highlight the US as EDP's growth engine, alongside investment in networks and batteries, ECO has learned.
The EU Commission saw no problems with the foreign subsidies that the French group has received in recent years. However, the regulator will still have to analyse the competitive effects.
CGD pays €1 billion. BCP relies on its bank in Poland and BPI on a sale in Angola. With a new shareholder, will Novobanco open the floodgates?
MFE will enter Impresa through a capital increase up to a limit of 33% to avoid a change of control and a takeover bid. The injection will be between €20 million and €40 million.
The group led by João Bento promises to achieve "Iberian leadership in e-commerce logistics" over the next three years, during a period in which it will "intensify" investment.
Minister Joaquim Miranda Sarmento stresses that "some caution" is needed in proposing a new tax on banks so that it is not declared unconstitutional like the solidarity additional tax.
Shares shot up 23% after competition authorities approved the takeover bid. Bondalti is now awaiting a decision from the Ministry of Economy before the operation returns to the CNMC.
The company will also double the number of engineers to 700 and the recruitment of professionals with doctorates will be a priority too.
Marcelo Rebelo de Sousa argued that "without defining this with some clarity, it is very difficult to have a framework for political action, political action becomes haphazard".
Portuguese chemical company's bid for Ercros was accepted on Thursday, with the Spanish competition authority considering that the commitments presented "are adequate, sufficient and proportionate".
The special team set up to manage passenger flows at border control at Lisbon and Faro airports will have to report daily on waiting times and incidents recorded.
Portuguese and Spanish governments have signed an agreement with Brussels to improve rail links between the two capitals. A complete high-speed line will cut the journey time to three hours by 2030.
After signing a €15 million contract to sell emergency drones in the US, Beyond Vision will open a factory in the country in 2027, in an investment of €50 million.
The property boom is showing signs of slowing down in some districts of Lisbon and Porto. Marvila, Arroios and Foz are experiencing unprecedented declines, driven by falling prices for new homes.
The popularity of Chinese brands in the domestic market shows that the Portuguese are buying with their wallets and no longer with the logos of European brands, according to a study by Simon-Kucher.
The govt. has decided to set up a permanent team to manage passenger flows at the airport and says that measures are being taken to increase capacity and resources in the short, medium and long term.
Now that Novobanco has found a new owner, Carlos Costa, the governor who led the resolution of BES in 2014, takes stock of the process.
The Portuguese oil company recorded its highest ever net profit in the first nine months of the year. It is "well positioned" to exceed its current targets for this year.
With 33 years in the country, Vodafone Portugal has a "strong position" that makes it "very attractive" in a scenario of “inevitable” consolidation in the long term.
Civil servants are striking this Friday for higher wages. However, Portugal is one of the European countries with the fewest strikes, according to data from the European Trade Union Institute.