Category Archives: Portugal

Press Releases & News from Portugal distributed via EuropaWire

EIF and Quotanda Collaborate to Unlock €51 Million in Student Financing Across Europe

(IN BRIEF) The European Investment Fund (EIF) and Quotanda have partnered to improve access to student financing in Spain, Portugal, and Germany, mobilizing over €51 million through a €10.2 million capped guarantee backed by the InvestEU Skills and Education Portfolio … Read the full press release

Thales Delivers Cutting-Edge ForceShield System to Strengthen Portugal’s Air Defence

(IN BRIEF) Thales has signed a landmark contract with the NATO Support and Procurement Agency (NSPA) to provide its ForceShield air defence system to the Portuguese Army. This first-ever ForceShield contract with a European Union country aims to enhance Portugal’s … Read the full press release

EIF Invests €90 Million to Boost Portugal’s Tech Start-ups and Strengthen Cybersecurity

(IN BRIEF) The European Investment Fund (EIF) has committed €90 million to three venture capital funds focused on accelerating the growth of tech start-ups in Portugal’s deep tech and cybersecurity sectors. This investment, announced at the 2024 Web Summit in … Read the full press release

VINCI Airports Enhances Portugal-Cabo Verde Connectivity with New Direct Routes to Sal Island

(IN BRIEF) VINCI Airports has launched new direct routes between Sal Airport in Cabo Verde and Portugal’s Lisbon and Porto airports, operated by easyJet. The Lisbon-Sal route’s inauguration included celebratory events both in Lisbon and upon arrival at Sal, highlighting … Read the full press release

Stadler Partners with Metropolitano de Lisboa to Supply 24 New Metro Vehicles in Major Modernization Effort

(IN BRIEF) Stadler has signed a contract with Metropolitano de Lisboa for the supply of 24 new metro vehicles, with an option for 12 additional units, in a deal worth €134 million. This agreement, witnessed by key Portuguese officials, marks … Read the full press release

Digi Communications N.V. announces the conclusion of a Memorandum of Understanding by its subsidiary in Romania

(IN BRIEF) Digi Communications N.V. announced that its Romanian subsidiary, DIGI Romania S.A., has entered a memorandum of understanding (MoU) with OTE and Vodafone Romania regarding OTE’s divestment from Telekom Romania Mobile Communications (TKRM). The MoU outlines plans for DIGI … Read the full press release

International Coalition Shuts Down Global Malware Network Targeting Millions

(IN BRIEF) An international operation coordinated by Eurojust successfully dismantled servers and communication channels of the RedLine and META malware, which had targeted millions of victims worldwide to steal personal data like usernames, passwords, and cryptocurrency information. Authorities from the … Read the full press release

Eviden Leads European Initiative to Enhance Cybersecurity with CYDERCO Project

(IN BRIEF) Eviden, part of the Atos Group, is leading the CYDERCO project, a three-year European initiative co-funded by the European Commission to enhance the capabilities of Security Operations Centers (SOCs) across the EU. The project, coordinated by Eviden in … Read the full press release

Portuguese Startup Outlaw Parts Culture Launches Online Store, Revolutionizing Classic Car Parts Shopping

(IN BRIEF) Outlaw Parts Culture, a leading supplier of premium classic Volkswagen car parts, has launched its new online platform, offering a comprehensive destination for Volkswagen and Porsche enthusiasts. The store features over 10,000 carefully curated parts, including engine components, … Read the full press release

Digi Communications N.V. announces that the Company’s Portuguese subsidiary finalised the transaction with LORCA JVCO Limited

(IN BRIEF) Digi Communications N.V. announced that its Portuguese subsidiary, DIGI Portugal LDA., has completed the acquisition of 100% of shares in Cabonitel S.A. from LORCA JVCO Limited. This finalization follows the Portuguese Competition Authority’s clearance granted the previous day, … Read the full press release

Digi Communications N.V. announces that the Portuguese Competition Authority has granted clearance for the share purchase agreement concluded by the Company’s subsidiary in Portugal

(IN BRIEF) Digi Communications N.V. announced that the Portuguese Competition Authority has approved the share purchase agreement between its subsidiary, DIGI Portugal, LDA, and LORCA JVCO Limited. This agreement involves the acquisition of 100% of the shares of Cabonitel, S.A. … Read the full press release

Team Europe Unites to Bolster Economic Development in ACP Nations with New €74 Million Funding Initiative

(IN BRIEF) The ACP Trust Fund has secured over €74 million in pledges from seven EU member states, including Denmark, Finland, Germany, Luxembourg, Portugal, Spain, and Sweden, to support economic growth in African, Caribbean, and Pacific (ACP) countries. This funding … Read the full press release

Euronext Expands European Derivatives Market with New Single Stock Options for Germany, Ireland, and Portugal

(IN BRIEF) Euronext has expanded its European derivatives offering by launching new Single Stock Options for German, Irish, and Portuguese stocks. The addition of 21 German options completes coverage of the DAX 40 Index, while six Irish and four Portuguese … Read the full press release

Digi Communications N.V. confirms the full redemption of €450,000,000 Senior Secured Notes

(IN BRIEF) On 30 September 2024, Digi Communications N.V. announced the full redemption of its €450,000,000 Senior Secured Notes due in 2025, issued by its Romanian subsidiary, Digi Romania S.A. This follows a prior notice of redemption published on 16 … Read the full press release

RWE Partners with Port of Setúbal to Establish Key Hub for Floating Offshore Wind in Portugal

(IN BRIEF) RWE has partnered with the Port Authority of Setúbal in Portugal through a Letter of Support, aiming to transform the port into a key logistics hub for floating offshore wind projects. This initiative aligns with Portugal’s renewable energy … Read the full press release

EIB and BNZ Join Forces to Expand Solar Energy in Southern Europe with €166 Million Green Loan

(IN BRIEF) The European Investment Bank (EIB) and BNZ have signed a €166 million loan to support the construction of 17 new solar photovoltaic plants in Spain, Italy, and Portugal, as part of a larger €500 million initiative. These plants … Read the full press release

Digi Communications N.V. announces that the Company’s Romanian subsidiary exercised its right to redeem the Senior Secured Notes due in 2025 in principal amount of €450,000,000

(IN BRIEF) Digi Communications N.V. announced that its Romanian subsidiary, Digi Romania S.A., has exercised its right to fully redeem €450 million worth of 2.50% Senior Secured Notes due in 2025. The redemption will take place on September 27, 2024, … Read the full press release

Schneider Electric Introduces AI-Enhanced Energy Management for Wiser Home App

(IN BRIEF) Schneider Electric has launched a new AI-powered feature for its Wiser Home app, enhancing energy management for homes. This feature optimizes the use of water heaters and electric vehicle chargers by learning from user habits, weather forecasts, and … Read the full press release

Transemel Maintains Excellence in Emissions Management with Third Consecutive HuellaChile Seal

(IN BRIEF) Transemel, a Chilean electric company owned by REN, has renewed the “HuellaChile” seal for the third year. This recognition, awarded by the Chilean Ministry of Environment, highlights Transemel’s ongoing efforts in managing greenhouse gas emissions. REN’s broader decarbonization … Read the full press release

Digi Communications N.V. announced that its Spanish subsidiary, Digi Spain Telecom S.L.U., has completed the first stage of selling a Fibre-to-the-Home (FTTH) network in 12 Spanish provinces

(IN BRIEF) Digi Communications N.V. announced that its Spanish subsidiary, Digi Spain Telecom S.L.U., has completed the first stage of selling a Fibre-to-the-Home (FTTH) network in 12 Spanish provinces. This sale is part of a deal with Sota Investments Spain … Read the full press release