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F

05 January 2022

Fosun´s Fidelidade buys 70% of Mozambican insurance company SIM
Fidelidade, Portuguese-based insurer whose main shareholder is Fosun, is buying 70% of Seguradora Internacional Moçambique (SIM), which operates under the brand Ímpar, for EUR 46.8 million.

B

05 January 2022

Brazil among fastest growers in social-media platform commerce
Brazil will be among the fastest growers in social-media platform commerce over the next three years, according to a study released by Accenture.

Brazil’s exports to China rise 28% in 2021
Brazil's exports to China, its biggest trading partner, rose 28% in 2021, helping South America´s largest economy post a USD 61 billion trade surplus, according to official data.

L

05 January 2022

Legal Update/ São Tomé e Príncipe: Special Consumption Tax
Sao Tome and Principe has enacted the new law to introduce the Special Consumption Tax (IEC), according to official legal database Legis-PALOP+TL.

C

04 January 2022

China Tianyng´s Portuguese insurer Una partners with CTT Bank to keep growth momentum
Una Seguros, Portuguese insurer bought by China Tianyng in 2018, is entering a partnership with CTT Bank as it strives to keep its pace of income growth.

E

04 January 2022

Eni’s Coral Sul FLNG completes journey from South Korea to Mozambique
Coral Sul FLNG, build in South Korea by Samsung and set to initiate natural gas production in Mozambique´s offshore in mid-2022, has entered the African country´s waters.

EDP – Energias do Brasil cashes in EUR 210 million with asset sale
EDP – Energias do Brasil, whose parent company EDP Portugal has China Three Gorges as its largest shareholder, is cashing in EUR 210 million with the sale of electricity grid assets.

K

03 January 2022

Korea´s CS Wind ASM to invest EUR 260 million in Portugal
CS Wind ASM from South Korea will invest around EUR 260 million over the next four years with the goal of tripling the production capacity of wind towers and offshore foundations at its industrial facilities in Portugal.

P

31 December 2021

Portugal´s Filstone Opens second Chinese showroom in Shuitou
Portugal´s limestone producer Filstone is opening its second 'center' in China, in the city of Shuitou, and is planning to add to its Asian commercial network in 2022. 

T

31 December 2021

Toyota group´s KINTO begins hydrogen bus exports from Portugal
KINTO Portugal, the mobility arm of the Toyota group, has begun the export of hydrogen buses, to the northern European markets. 
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