Latest news and stories about state asset sale in Portugal for expats and residents.
From one private owner to another, and ultimately sold off to foreign buyers, Portugal thus loses in one fell swoop a sector as strategic as energy.
Home News SATA plans to begin privatisation SATA plans to begin privatisation SATA plans to formalise the separation of its ground handling service in March, with the creation of a new company, and to begin the privatisation process for that service, the Azorean aviation group announced.
The panel overseeing the privatisation of Azores Airlines will propose rejecting the Atlantic Connect Group consortium's bid, the only one admitted to the tender, on the grounds that it does not “safeguard the interests” of SATA and the region. “The panel considers that the proposal does not meet the requirements defined in the procedure, does not respect conditions and obligations previously established ...”
