ENSUL MECI - EFACEC - COGERAÇÃO DO PORTO, A.C.E.

Location

Founded

2009-01-23

Risk Signals

645 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Special Trade Contractors, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

Recent Articles about ENSUL MECI - EFACEC - COGERAÇÃO DO PORTO, A.C.E.

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Efacec: an unreasonable nationalization that could cost 564 million euros - Companies - Jornal de Negócios

2025-01-15 (jornaldenegocios.pt)

Efacec: an unreasonable nationalization that could cost 564 million euros - Companies - Jornal de Negócios

Just over a year after the handover of Efacec, which had been nationalized in 2020, the sale of the company to Mutares was destroyed by the Court of Auditors. The State risks losing hundreds of millions of euros in an operation that started badly and risks ending worse for taxpayers.

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Angolan state may not recover anything from the sale of Efacec, a former asset of Isabel dos Santos

2024-10-13 (expresso.pt)

Angolan state may not recover anything from the sale of Efacec, a former asset of Isabel dos Santos

<p>Cedesa, an entity that studies Angolan affairs, predicts that the Angolan State will receive "nothing" from the sale of Efacec, and that it will be unlikely to obtain any benefit from the sale of the EuroBic bank, former assets of Isabel dos Santos</p>

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Angolan state will receive "nothing" from sale of Efacec

2024-10-13 (noticiasaominuto.com)

Angolan state will receive "nothing" from sale of Efacec

The Angolan State will receive "nothing" from the sale of Efacec and will hardly get any benefit from the sale of the EuroBic bank, former assets of Isabel dos Santos, the target of legal proceedings, says Cedesa, an entity that studies Angolan affairs.

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State spent more to sell Efacec and achieve a greater return, but took more risks

2024-09-30 (observador.pt)

State spent more to sell Efacec and achieve a greater return, but took more risks

Court of Auditors says that the nationalization of the company that belonged to Isabel dos Santos did not fulfill any objective and was carried out without justification. Proposal chosen to buy Efacec increased risks.

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Government does not plan to audit the Efacec process assuming that "some money will not, perhaps, be recoverable"

2024-07-10 (observador.pt)

Government does not plan to audit the Efacec process assuming that "some money will not, perhaps, be recoverable"

The Government inherited the sale of Efacec. Pedro Reis, admitting that he could not have carried out the operation, says he is monitoring what is happening in the company, but does not plan to carry out audits.

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António Costa Silva: privatization of Efacec “was my biggest headache”

2024-01-12 (expresso.pt)

António Costa Silva: privatization of Efacec “was my biggest headache”

Due to the limitations of State aid and creditors, the sale of Efacec was the toughest dossier that the Minister of Economy faced

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Sale of Efacec only from 2026 and with the green light from the Government

2023-12-20 (jornaldenegocios.pt)

Sale of Efacec only from 2026 and with the green light from the Government

The guarantee was given by the Minister of Economy in parliament.

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With the sale of Efacec dispatched, the Government implements changes in the management of Parpública

2023-11-08 (expresso.pt)

With the sale of Efacec dispatched, the Government implements changes in the management of Parpública

One day after the Prime Minister submitted his resignation, Parpública, which is managing the TAP privatization process, announced this Wednesday that its new administration had been elected. Chief of staff of the Secretary of State for Finance is one of the new names

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Economic issues on the front pages of newspapers

2023-11-06 (dnoticias.pt)

Economic issues on the front pages of newspapers

Good morning. The front pages of newspapers are now 'colorful' with economic topics, the PRR or 'bazooka', the sale of Efacec, taxes and fines, frozen rents and forgotten savings certificates.

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PSD leader compares sale of Efacec with TAP deal

2023-11-04 (ominho.pt)

PSD leader compares sale of Efacec with TAP deal

The president of the PSD today criticized the privatization of Efacec, comparing it to that of TAP because they are two cases in which the Government “paid to sell”, therefore considering that it is a “political and financial crime”.

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Sale of Efacec is closed but the State will inject another 160 million

2023-11-01 (sicnoticias.pt)

Sale of Efacec is closed but the State will inject another 160 million

Until now, the State had already injected 200 million euros into the company in supplies, 10 million euros for each month since April 2022. But, as the Economy Minister announced, it will inject more.

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Gaza. UN speaks of "unprecedented tragedy"

2023-11-01 (observador.pt)

Gaza. UN speaks of "unprecedented tragedy"

Senior UN official visited Gaza and speaks on a sad day. Also in this newspaper, the right-wing criticism of the sale of Efacec and the analysis of Pope Francis' presence at COP28.

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