ENSUL MECI - EFACEC - COGERAÇÃO DO PORTO, A.C.E.
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Recent Articles about ENSUL MECI - EFACEC - COGERAÇÃO DO PORTO, A.C.E.
Live alerts from global media, monitored by Business Radar
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.
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2024-12-17 (rtp.pt)
It is ambitious to think that the State will recover all the money invested in Efacec, says Pedro Reis
The Minister of Economy, Pedro Reis, reiterated today that he considers it ambitious to think that it will be possible to recover all the public money that was invested in Efacec, refusing any redesign of the sales model.
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2024-11-15 (jornaldenegocios.pt)
Ex-Efacec will open transformer factory in Póvoa
25 years after the acquisition of a loss-making business unit from Efacec, which he tried to buy during the reprivatization process, António Ricca will put Efaflu in competition with the company founded by his family, with an investment of six million euros in construction of a new factory, which
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2023-11-01 (rtp.pt)
Efacec. Mutares finalizes purchase of the company from the State
The Mutares investment fund finalized the purchase of Efacec from the State, which will reinforce the engineering and technology segment, allowing the company to regain "a prominent position in the market", it was announced.
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2023-11-01 (sicnoticias.pt)
PSD requests urgent hearing of the Minister of Economy in Parliament
Joaquim Miranda Sarmento wants to hear clarifications from António Costa e Silva about the process of selling Efacec to a German fund. The PSD parliamentary leader criticized the State's total investment in the company since 2020.
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2023-11-01 (sicnoticias.pt)
Efacec commits to maintaining jobs, but with "specific adjustments"
Parpública (owned by the State) sold all of Efacec (nationalized in 2020) to the German investment fund Mutares, after obtaining approval from the European Commission. Efacec has around 2,000 workers.
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2023-11-01 (jornaldenegocios.pt)
Mutares finalizes purchase of Efacec from the State
The completion of the process will allow Efacec to regain 'a prominent position in the market' and resume growth, says the investment fund Mutares.
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2023-09-12 (dinheirovivo.pt)
Efacec signs contracts worth 25 million euros to optimize the Spanish electricity grid
Portuguese company will contribute to the optimization of the electrical network in the Balearic Islands.
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2023-09-07 (agenceecofin.com)
Isabel dos Santos will invest more than $200 million in the Portuguese Efacec Power Solutions
Isabel dos Santos, the daughter of Angolan President Jose Eduardo Santos, is finalizing the acquisition of a majority stake in
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2023-08-03 (noticiasmaia.com)
Sale of Efacec could cost taxpayers €113 million
The proposal by the German firm Mutares to acquire Efacec foresees a loss for the Portuguese State of at least 112.8 million euros, which had previously been invested in the company. This scenario is the result of an agreement to forgive a debt of almost 182 million euros, with the final decision depending on
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2023-08-03 (aeiou.pt)
After all, they will not be recovered: State loses 113 million with the sale of Efacec
Banks forgive almost all the debt, but the German Mutares proposal implies a total loss of the State's injection into Efacec. They are at least 112.8 million euros. Contradicting the assurances of the holder of the Economy portfolio, António Costa Silva, who said he had “great expectations” that the value of the
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2023-08-03 (dinheirovivo.pt)
Sale of Efacec costs at least 112.8 million to the State
Mutares' proposal implies a total debt forgiveness of almost 182 million euros, when considering, in addition to the State, banks and bondholders.
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