Soft drink producer Sumol+Compal achieved record sales in Portugal last year despite the government's introduction of a 'sugar tax' on drinks with added sugar or sweeteners.
The company cites good weather, higher tourist numbers and an improved level of consumer confidence for pushing up its unit sales 2.2%. This was against a 6.2% fall in total market volume due to the 'sugar tax' which saw prices increase by 15%.
Aviation maintenance company, Everjets, has hit back at the Ministry of Internal Affairs, saying it was the company that terminated the current Kamov helicopter maintenance contract, not the government, and has issued a claim for €40 million in damages.
Accepting free overseas travel from companies facing government policy decisions, or that later were considered for government contracts, has not been confined to the three Secretaries of State who attended Euro-2016 matches in France courtesy of Galp.
Portugal’s ruling Socialist Party wants to pull in the former Economy Minister, Manuel Pinho, “as soon as possible” so MPs can hear first hand as to the origin of €2,110,672.80, received between July 2002 and June 2012 in offshore accounts, for his personal use.
The Left Bloc has slammed the government’s decision to award EDP €154 million in support payments, pointing out that the government already has stated that the way the payment are worked out is ‘null and void’
Bees are one step closer to safety as a majority of the European Union's member countries have voted to ban the use of three killer chemicals that have been killing bees in their millions.
Portugal's Supervisory Court has reduced the fine imposed on the former BES boss, Ricardo Salgado by €300,000 to €3.7 million – money the banker says he does not have.
Salgado and BES colleague, Amílcar Morais Pires, both had been fined for running a scheme to sell worthless securities to BES customers at the time when the bank was spiralling out of control into insolvency in 2014.
While those in charge of running the country enjoyed a lazy Sunday afternoon, the President of the Republic was catching up on his paperwork, the main file being the new laws covering the new breed of 'personal transport service suppliers' - Uber and its ilk.
