Latest news and stories about corporate news in Portugal for expats and residents.
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Mónica Gonçalves is the new Marketing Director of Nestlé Portugal. “It is with great enthusiasm that I take on the leadership of the Marketing department at Nestlé Portugal. I believe in the power and influence of brands on consumer decisions, and above all, in the power of creativity and curiosity, which are the most powerful tools...”
Bruno Calvão will take over the leadership of Pernod Ricard Japan, effective from 1 April (scheduled date). The executive has been the managing director of Pernod Ricard Portugal since 2021. Information regarding his successor in the Portuguese market has not yet been revealed. Pernod Ricard owns brands such as Absolut, Jameson, and others.
CTT have reportedly contacted several consulting firms recently with the goal of exploring 'options' for the future of Banco CTT, Bloomberg reports this Wednesday. A year ago, the centenary group admitted an interest in reducing its exposure to the bank, which was founded in 2015 and benefits from strong synergies with the network of...
Francisco Pedro Balsemão speaks of a “historic day” after the entry of the Italians from MFE received the final approval needed to complete the deal.
Duarte Bello, currently CEO of EDP Europe, will assume the duties previously held by Pedro de Vasconcelos, a director who resigned from EDP's executive board this Monday and will leave the company at the end of April. According to an official source from the energy company, Bello will also take on responsibility for the Iberian Peninsula region.
Director Pedro de Vasconcelos has resigned from the executive board of directors at EDP, effective April 30. The manager had been with EDP for 19 years, had served as an executive director only since April 2023, and, according to information obtained by ECO, will soon announce the start of a new role elsewhere.
Generali is to sell its non-life insurance operations in Ireland and Northern Ireland to Zurich in a transaction valued at 337 million euros in cash. The sale covers the property and casualty (P&C) portfolio in Ireland and Northern Ireland currently managed by the Irish and British branches of Generali Spain under...
The Sabseg group has appointed Gabi Zaballa as the new corporate general manager, who will be in charge of the growth strategy until 2030 in Portugal, Spain, and Italy. According to Inese, Zaballa will take over the coordination of the Finance, Legal and Compliance, Human Resources, and Marketing and Communication departments. He will also be responsible for the integration...
