Public sector companies

A report released on Monday (October 20) by the Office for the Prevention and Investigation of Aircraft and Rail Accidents (GPIAF) into a deadly cable car accident in Portugal’s capital Lisbon [...]

It’s finally happening! After 50 years – or probably even before if Portuguese early 19th century author and social critic Eça de Queiroz is anyone to go by -, a Portuguese government is [...]

Lisbon’s metro company, Metropolitano de Lisboa, expects to get out of the red in 2025 to show a positive net growth of €9.3 million in 2025. This follows years of consecutive losses which in [...]

Parvalorem, the Portuguese State-owned company that inherited the toxic assets and employees from the failed Banco Português de Negócios (BPN), has paid out between €200-€350 million in [...]

The Portuguese public transportation and electrical systems company Efacec, the US asset management company-owned Novobanco, real estate company VIC, and Portuguese publicly owned airline look [...]

The number of people employed by the Portuguese State hit a new record of 741,698 – the maximum since statistics began in 2011. The number refers to figures released for the two quarters up [...]

Portugal’s main public financial companies made €550 million in profits in 2020, down €358.5 million than in 2019. The report presents a detailed portrait of the patrimonial situation of the 143 [...]