BPI bank seek to repay state aid
The Chief Executive Officer of Banco Português de Investimento (BPI) said last week that the bank intends to seek authorisation to pay off €100 million in state-owned contingent convertible bonds
Delta aims to become a global brand
The founder of Delta Cafés has set his focus on making the brand into a globally recognised coffee, particularly in Asia and Europe. Rui Nabeiro, who founded Delta in 1961
New website for Projection Dreams
Algarve-based home cinema and audiovisual experts Projection Dreams have recently launched a new website to coincide with the opening of their new showroom in Almancil. Alistair Bourne, said: “The showroom
Insurance services by Medal
Medal offers clients all types of insurance management and brokerage services. Medal has more than 16 years experience in the insurance industry and a loyal customer base of Portuguese and
Time is running out for esplanade bidders
Those looking to set up a business in one of the four available spaces on the Lagos river front have just one more week, until November 2, to submit proposals
Conforlimpa CEO arrested
The CEO of a large cleaning services company based in Vila Franca de Xira has been arrested for alleged tax fraud resulting in €40 million losses to the State. Armando
Algarve and Andalucia embark on business venture
A new partnership has been established between the Algarve and Andalucia, Spain, with hopes of promoting new business opportunities for companies on both sides of the border. Faro Câmara and
Architecture office opens
Bespoke Architectural Projects and Project Management has recently opened a new office in Carvoeiro. Bespoke was founded by architect John Wilson, whose philosophy is to offer clients an entirely “bespoke”
Pingo Doce boss confirms retirement
After being named as one of Portugal’s richest men this year, Alexandre Soares dos Santos has confirmed that he will be leaving his post as chairman of the Jerónimo Martins
Government to create development bank to kickstart economy
Finance Minister Vítor Gaspar has announced that the government is working on the creation of a development bank for Portugal in order to improve financing for businesses and thus jump-start

