CorPower extends equity funding to €20.3M

After securing a private placement of €9 million, CorPower has extended its equity funding to €20.3 million, for the commercial scale demonstration of its wave energy technology. The investment round was led by Midroc New Technology and included SEB Greentech VC, family offices and private investors. Pareto Securities acted as Sole Manager and Bookrunner in […]

Golden Visa still attracts investors

The postponement of changes to Portugal’s Golden Visa programme has provided a positive benefit in attracting overseas investment according to the real estate consultants Worx. New rules that should have come into force on 1 July 2020 which would have restricted the property aspect of the programme to areas outside Lisbon, Porto and parts of […]

Government spends €4.6Bn in aid

The Portuguese government has already spent €4.6Bn in State aid to offset the economic impact of the pandemic. Between an increase in expenditure and loss of revenues, the amount represents around 2% of GDP. The lion’s share of the money was spent on the National Health Service (SNS), job protection and State aid to companies […]

Bank of Portugal appeals BES auditors acquittal

The Bank of Portugal does not agree with a decision by the Competition Court which absolved the auditing consultancy KPMG and five of its associates from cooking the books at the large private bank BES which subsequently collapsed in 2014, warning that it could lead to a backward step in supervision and regulation given recent […]

Ascendi
Spotlight on our new members!

Ascendi manages infrastructure assets and provides toll collection and operation & maintenance services. Ascendi is a leader in its own market with majority interests in 6 Portuguese road concessions and an integrated management approach.

Their mission is to promote efficiency, innovation and sustainability in the operation and maintenance of road mobility infrastructures ensuring convenience for customers while creating value for their shareholders.
“I’m very happy with how it went, particularly given the short lead-in time and the sustained interest throughout the webinar, - it actually exceeded my expectations.” - 4th August 2020 Moving to Portugal Webinars
Geoffrey Graham
Senior Partner at Edge International
“The call with (a potential client) went really well, from my perspective. I am happy to learn that he felt the same. Many thanks for your efforts in arranging this. At a time when travel is restricted, this type of contact is much appreciated.” - August 2020
Hugo Rosa Ferreira
Partner, PLMJ
“I hope to do other events with the Chamber as you are very professional and the result is always highly positive” - Moving to Portugal Webinars 2020
Pedro Pereira
Marketing Director, UCI
“Thank you Christina for the opportunity to speak, I thought it went really well” - Moving to Portugal Webinars 21 October 2020
Miguel Palmeiro
Head of Sales, Vilamoura World