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.

Live alerts from global media, monitored by Business Radar

Efacec with losses of 100 million euros -

2025-02-21 (valoreconomico.co.ao)

Efacec with losses of 100 million euros -

Efacec Power Solutions, the company of energy, engineering and mobility sectors, which belonged to Angolan businesswoman Isabel dos Santos closed 2022 with losses that exceed 100 million euros.

Read more
António Costa called to explain loss of millions at Efacec

2024-10-02 (cmjornal.pt)

António Costa called to explain loss of millions at Efacec

Former head of the Government and former Ministers of Economy among the names that the Liberal Initiative wants to take to Parliament.

Read more
Efacec could cost the State more than 560 million euros, nationalization failed objectives

2024-09-04 (sicnoticias.pt)

Efacec could cost the State more than 560 million euros, nationalization failed objectives

The intervention at Efacec could still cost another 80 million euros, increasing the public financing bill to 564 million euros.

Read more
Efacec. Nationalization failed objectives and could cost another 80 million (in addition to the 484 million it already cost)

2024-04-05 (observador.pt)

Efacec. Nationalization failed objectives and could cost another 80 million (in addition to the 484 million it already cost)

An ongoing audit by the Court of Auditors indicates that public financial support for Efacec could exceed 500 million. State can still recover much of it, but, for now, nationalization has failed objectives.

Read more
Efacec's bankruptcy would cost the State between 60 and 65 million euros

2023-11-06 (noticiasdecoimbra.pt)

Efacec's bankruptcy would cost the State between 60 and 65 million euros

The Minister of Economy and the Sea, António Costa Silva, estimated today that the bankruptcy of Efacec would cost the State between 60 and 65 million euros per year, including unemployment benefits and losses in social contributions.

Read more
Minister does not guarantee recovery of the amount invested by the State in Efacec

2023-11-06 (dinheirovivo.pt)

Minister does not guarantee recovery of the amount invested by the State in Efacec

In Parliament, António Costa Silva estimated that the company's bankruptcy would cost the State up to 65 million euros per year, including lost contributions and unemployment benefits.

Read more
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.

Read more
Is applying to Efacec a favor? "No. It is a strategic business interest of Visabeira" which fears for the company. "It's connected to the machines"

2023-05-25 (observador.pt)

Is applying to Efacec a favor? "No. It is a strategic business interest of Visabeira" which fears for the company. "It's connected to the machines"

Visabeira is a candidate to buy Efacec. He guarantees that he does it because he has a strategic interest in the company and not to do favors. However, he fears the deterioration of his financial situation.

Read more
EFACEC: State buys shares held by Isabel dos Santos

2020-07-21 (juponline.pt)

EFACEC: State buys shares held by Isabel dos Santos

Nationalization aims to save the company from financial difficulties resulting from the Luanda Leeks and the economic crisis resulting from the pandemic.

Read more
Banks only lend money to Efacec with a State guarantee

2020-06-20 (esquerda.net)

Banks only lend money to Efacec with a State guarantee

With the financial problems that came from behind, the Luanda Leaks case and now with the covid-19 pandemic, Efacec is in the process of being sold and is asking for a 50 million State guarantee from the Government to subsist until then.

Read more

Never miss a headline about ENSUL MECI - EFACEC - COGERAÇÃO DO PORTO, A.C.E.

Set up smart alerts with Business Radar and receive real-time updates on any new risk signal or major news story.

  • ✔️ Used by 100+ compliance teams and analysts
  • ✔️ Covers 154M+ sources in 40+ languages