Category Archives: Portugal

Press Releases & News from Portugal distributed via EuropaWire

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

Euronext and Nord Pool Unveil New Power Futures Market for Nordic and Baltic Regions

(IN BRIEF) Euronext and Nord Pool have announced the launch of a new Nordic and Baltic power derivatives market, named Euronext Nord Pool Power Futures. The market will be hosted on Euronext’s Optiq® trading platform and cleared by Euronext Clearing. … Read the full press release

ANDRITZ to Pioneer Industrial-Scale Fiberboard Recycling with Sonae Arauco Partnership

(IN BRIEF) ANDRITZ has been contracted to supply the world’s first industrial-scale fiberboard recycling line to Sonae Arauco’s mill in Mangualde, Portugal. This innovative system will recycle end-of-life fiberboards into valuable fibers for new fiberboard production. Sonae Arauco emphasized the … Read the full press release

Digi Communications NV announces the release of H1 2024 Financial Results

(IN BRIEF) Digi Communications N.V. has released its H1 2024 financial report, revealing significant growth in revenues and customer base. The company reported consolidated revenues of €921.3 million for the first half of 2024, a 13% increase compared to the … Read the full press release

Digi Communications N.V. announces that conditional stock options were granted to a director of the Company’s Romanian Subsidiary

(IN BRIEF) Digi Communications N.V. announced that on 12 August 2024, it granted 70,000 conditional Class B stock options to a director of its Romanian subsidiary, Digi Romania S.A. This grant is part of a stock option program approved by … Read the full press release

Voith and Navigator Paper Setúbal Achieve Milestone with Implementation of Seamed Felts on PM 1 and PM 3

(IN BRIEF) Voith has successfully implemented its Infinity S seamed felts on Navigator Paper Setúbal’s PM 1 and PM 3 machines, marking a significant achievement in the paper industry. This transition, resulting from a three-year collaboration, enhances safety, reduces felt … Read the full press release

Digi Communications N.V. announces Investors Call for the presentation of the H1 2024 Financial Results

(IN BRIEF)Digi Communications N.V. will host a conference call on 14 August 2024 at 14:00 UK time / 16:00 EEST (Romania time) to discuss its unaudited H1 2024 financial results. The results will be published the same day at 08:00 … Read the full press release

Digi Communications N.V. announces the conclusion of a share purchase agreement by its subsidiary in Portugal

(IN BRIEF) On 1 August 2024, Digi Communications’ subsidiary, DIGI Portugal, LDA, entered into a share purchase agreement with LORCA JVCO Limited to acquire 100% of Cabonitel, S.A. for EUR 150 million, subject to customary adjustments and contingent events. Cabonitel … Read the full press release

Digi Communications N.V. Announces Rating Assigned by Fitch Ratings to Digi Communications N.V.

(IN BRIEF) On July 24, 2024, Digi Communications N.V., a leading European telecommunication services provider, announced that Fitch Ratings has assigned the company a Long-Term Issuer Default Rating (IDR) of ‘BB’ with a stable outlook. This rating reflects the company’s … Read the full press release

Portugal Pioneers Electric Transport for IKEA with New Cross-Industry Partnership

(IN BRIEF) Portugal is taking significant steps towards sustainable transport with the launch of heavy-duty electric vehicles for IKEA product transportation. Starting in late June, KLOG will deploy battery-electric vehicles from Scania to transport goods from the IKEA Industry factory … Read the full press release

Digi Communications N.V. announces significant agreements concluded by the Company’s subsidiaries in Spain

(IN BRIEF) Digi Spain Telecom S.L.U. (“DIGI Spain”) has signed a 16-year national roaming and RAN sharing agreement with Telefónica Móviles España, effective from 1 January 2025. Additionally, a 10-year fixed broadband bitstream wholesale agreement has been concluded. These deals, … Read the full press release

Digi Communications N.V. announces the availability of the instruction regarding the payment of share dividend for the 2023 financial year

(IN BRIEF) Digi Communications N.V., a leading European telecommunication services provider, has released detailed instructions for the payment of a 1.25 lei per share dividend for the 2023 financial year. The dividend will be paid on 22 July 2024 to … Read the full press release

Digi Communications N.V. announces the granting of conditional stock options to Executive Directors of the Company based on the general shareholders’ meeting approval from 25 June 2024

(IN BRIEF) Digi Communications N.V. has granted conditional stock options to its Executive Directors following the general shareholders’ meeting approval on 25 June 2024. The grants include 80,000 options for Mr. Serghei Bulgac and 60,000 for Mr. Valentin Popoviciu, subject … Read the full press release