Trond Kongrød is new CEO of Inovretail

ECO News,

Trond Kongrød joins Inovretail after six years as SVP EMEA at StrongPoint, a company focused on e-commerce logistics, payment solutions and cost reduction for retailers.


Almost half of the RRP funds have already been contracted

ECO News,

Most of the contracts signed fall under the economic and social resilience pillar, which includes measures in the area of housing and infrastructure, among others.


Azores prepared to assist Canary Islands

Lusa,

The Cumbre Vieja volcano on the Spanish island of La Palma erupted on Sunday in the Las Manchas area, after more than a week in which thousands of earthquakes were recorded in the region.


Couples where both are unemployed grow 17.5% in August YoY

Lusa,

The number of couples in which both spouses are registered as unemployed was, at the end of August 2021, 6,456, or 17.5% more (960 more couples) than in the same month 2020.


Portuguese-speaking banks debate future of statistics

Lusa,

The 11th Statistics Meeting of the Central Banks of Portuguese-speaking Countries is a bi-annual event that should have been held in 2020 but was postponed due to the pandemic.


Portugal registers a external surplus of €256M until July

ECO News,

According to the country's central bank, the Portuguese economy showed a lending capacity of €256 million in the first seven months of 2021.


Portugal receives 80 refugees, bringing total to 178 so far

Lusa,

The refugees have been provisionally housed in reception units in Greater Lisbon, and are later to be transferred to autonomous housing across the country.


The age of mega solar power plants has arrived in Portugal

ECO News,

Portugal's new mega solar power plant will prevent nearly 177,000 tons of CO2 emissions per year and will be able to generate enough clean electricity to power the equivalent of 200,000 homes.


TAP and Efacec under scrutiny by the Court of Auditors

ECO News,

"Both processes are being monitored by the Court and, in the framework of the 2022 programming, the inclusion of specific actions on them will also be considered," an official source tells ECO.



Montepio announces voluntary dissolution of offshore unit

Lusa,

Montepio has decided to dissolve and liquidate its branch in Cape Verde, which was considered offshore as it was only for non-resident clients.


Companies banned to outsourcing after collective dismissals

Lusa,

The government proposed the prohibition of outsourcing in situations where there is collective dismissal so that it will not be possible to hire temporary workers for the same functions for one year.


Navigator admits cutting investment in Portugal

ECO News,

The rise in energy costs is already making the company lose ground to its European competitors and it's also taking away "space to invest and grow" in Portugal.



Vehicle output up 17.5% in year to date

Lusa,

Almost all (97.5%) of the vehicles manufactured in Portugal are destined for the external market, mainly Europe, with Germany, France, Italy and Spain standing out.



Media Capital confirms Bauer interest in radio units

Lusa,

In a statement sent to CMVM, Media Capital issued a clarification "in view of the news reported in the press today" reporting that it planned to sell its radio business to Bauer.




Suspected corruption at Sonangol ‘very serious’

Lusa,

Transparency International (TI) Portugal considers "very serious" the existence of evidence of Angolan money laundering involving Banco Comercial Português (BCP).



Crisis emphasised importance of TAP sustainability – CEO

Lusa,

The CEO of TAP, Christine Ourmières-Widener, pointed out some steps that have been taken in terms of sustainability in the sector, taking advantage of the moment of crisis.


Growth forecast rises to 4.7% this year due to vaccination

Lusa,

"In 2022, the 2019 level of wealth destroyed by the pandemic will be recovered," according to the report updating the Economic and Budgetary Outlook 2021-2025, released on Thursday.