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Tag: portugal
Portugal Telecom CEO Granadeiro steps down
2014-08-08 08:46:00| Telecompaper Headlines
(Telecompaper) The CEO and chairman of Portugal Telecom, Henrique Granadeiro, has resigned. The move comes three weeks after the Portuguese operator was forced to reduce its stake in the merger with Brazil's Oi due to a controversial debt position of EUR 900 million in an associated company of one of its major shareholders. Portugal Telecom also said its board of directors and executive committee had never approved any investment in that debt. The company has contracted PWC to audit all investment in the Espirito Santo Group debt made by Portugal Telecom.
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steps
ceo
telecom
Portugal Telecom CEO quits in wake of debt dispute
2014-08-08 02:00:00| Total Telecom industry news
Henrique Granadeiro resigns; Portuguese incumbent calls shareholder meeting to discuss Oi merger.
Tags: portugal
debt
ceo
telecom
Alcoholic Drinks in Portugal
2014-08-08 02:00:00| Beverage industry market research - from just-drinks.com
Sales of alcoholic drinks continued to decline in Portugal in 2013. The five year review period included three years of recession. Consumers' purchasing power contracted sharply, and many of them redu
Tags: portugal
drinks
alcoholic
alcoholic drinks
Wind Energy Project to Bring Investment of 220 Million to Portugal
2014-08-06 22:10:00| Transmission & Distribution World
Ventinveste, a consortium of some of Portugal's top energy and engineering companies, and Ferrostaal GmbH will build four wind farms in the country, in a 220 million investment that will strengthen the country's renewable energy cluster. Content Classification: Curated read more
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project
million
bring
Portugal unveils bank rescue plan
2014-08-04 02:29:53| BBC News | Business | UK Edition
The Bank of Portugal unveils a plan to rescue the troubled lender, Banco Espirito Santo, by splitting it into two banks, with a cash injection for the "good bank".
Tags: plan
bank
portugal
rescue
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