TAP sale imminent

Brazilian-Colombian millionaire Germán Efromovich (pictured)has delivered an acquisition proposal to purchase Portuguese airline TAP, in compliance with the deadline established by the government. Parpública, the entity which manages the State’s

November 14, 2012by Portugal ResidentIn

Low energy houses

Recently opened in Quinta do Lago is a new architectural office, ZEN Arquitectura, incorporating “the best of breed concepts from around the world”. Having grown up in Germany, Anabela Macieira

November 7, 2012by Portugal ResidentIn

PT profits drop 37.3%

Portugal Telecom registered €189.9 million in profit in the first nine months of 2012, a drop of  37.3% compared to the same period last year. Despite the drop, in September the

November 7, 2012by Portugal ResidentIn

Santander remains solid

Santander Totta Bank was considered the most stable large bank in Portugal for the third consecutive year.  The bank was awarded this accolade by specialist Portuguese magazine Exame on November 28,

November 7, 2012by Portugal ResidentIn

Companies escape taxes

The Ministry of Finance identified more than 15,000 Portuguese companies that declared less profit than their actual revenue by cross-referencing the data of their IRC taxes with the companies’ debit

November 7, 2012by Portugal ResidentIn