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Portugal
08 March 2022
Portugal’s wine sector exports nearing EUR 1 billion
Exports from Portugal’s wine sector are estimated to have totalledEUR 930 million last year, up 8.6% compared to 2020, according to business consulting firm Informa D&B.
07 March 2022
Fosun´s Fidelidade aiming to boost presence in health in Portugal with bid for Lusíadas group
Fosun´s Fidelidade is aiming to boost its presence in Portugal´s health sector, with a bid for Lusíadas group, through Luz Saúde, one of the country´s main networks of health facilities.
01 March 2022
Farfetch revenues grow 35% in 2021
Online luxury platform Farfetch, founded by portuguese entrepreneur José Neves and partner of Alibaba, saw revenues grow 35% year-over-year in 2021 to a total of USD 2.3 billion.
28 February 2022
EDPR to invest around EUR 6.5 billion in Asia-Pacific Countries
EDP Renováveis (EDPR), whose parent company EDP Portugal has China Three Gorges as its largest shareholder, is set to invest EUR 6.5 billion in the Asia-Pacific region until 2030.
23 February 2022
CRRC Tangshan bids to supply 117 railcars to Portugal
Chinese train manufacturer CRRC Tangshan has made a bid in the tender by CP – Comboios de Portugal for the acquisition of 117 railcars for regional and suburban services.
22 February 2022
Review of partnership agreement between EDP and China Three Gorges to add “flexibility”
The ongoing review of the partnership agreement between EDP and its main shareholder, China Three Gorges (CTG), will introduce greater "flexibility", according to executive chairman Miguel Stilwell d’Andrade.
22 February 2022
São Tomé e Príncipe´s telecom company acquired by Portugal´s Visabeira
Visabeira Global, from Portugal, has acquired 51% of the shares of Companhia Santomense de Telecomunicações (CST), previously held by Africatel Holding.
22 February 2022
Lisbon and coastal Portugal adapt to changes to Golden Visa scheme
Changes to Portugal´s Golden Visa scheme, which has attracted mostly Chinese nationals, were supposed to move investment away from the capital, Lisbon, and coastal areas, towards the interior, but promoters are circumventing restrictions.
21 February 2022
EDP profit drops as EDP Renewables´ rises
EDP, whose largest shareholder is China Three Gorges, saw profit fall 18% last year, while its EDP Renewables net profit rose 18% in the same period.
21 February 2022
Portugal-China SME Chamber of Commerce to Finance Expansion to Chinese E-Market
The Portugal-China Chamber of Commerce, Small and Medium Enterprises (CCPC-PME), has obtained public financing to support the entry of Portuguese companies into the Chinese digital market.
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