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
2025-01-15 (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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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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2024-10-02 (noticiasaominuto.com)
Efacec nationalization objectives "were not achieved"
The State's decision to nationalize and then reprivatize Efacec could reach a cost, in public financing, of 564 million euros, and the objectives were not achieved, according to an audit by the Court of Auditors (TdC).
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2024-10-01 (jornalf8.net)
EFACEC (NOW) RHYMES WITH… CRATER
The Portuguese State's decision to nationalize Efacec was not accompanied by a forecast of its impact on public finances and the objectives of nationalization were not achieved. The reprivatization of the company culminated in public financing of 484 million euros, with the risk of rising to
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2024-10-01 (expresso.pt)
IL wants to hear from António Costa, Siza Vieira and António Costa e Silva about the nationalization of Efacec
<p>At the end of the previous legislature, in November, the Liberal Initiative had already presented the same initiative in Parliament and, according to Rui Rocha, the conclusion of the audit by the Court of Auditors only reinforces the need for further clarification on the process</p >
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2024-10-01 (publico.pt)
Efacec did not need nationalization to continue to have access to bank credit
Court of Auditors maintains that Efacec's access to bank credit was unlocked with State guarantees on Covid-19 lines and was not dependent on the company's nationalization.
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2024-10-01 (jornaldenegocios.pt)
Nationalization of Efacec "was driven by managers", who did not safeguard jobs
Audit by the Court of Auditors of the company's nationalization holds managers responsible for not having taken into account the objectives of the rescue by the State and the previous government for having decided on the rescue 'without technical and independent justification, in the public interest'.
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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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2024-09-10 (noticiasaominuto.com)
Today it's news: 20 thousand teachers to be placed; Escape? Inmate gave warning
Good morning! Time to look at the main titles that mark the front pages of the newspapers that you can find on newsstands today, with the escape of five inmates from Vale dos Judeus prison still in the spotlight.
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2024-09-10 (jornaldenegocios.pt)
“It will be very difficult for the State to recover everything” at Efacec, says António Costa Silva
With a “clear conscience” for having done “the best possible”, former Economy Minister António Costa Silva admits that part of the Court of Auditors’ conclusions make sense and places responsibility for monitoring Efacec on Parpública – supervised by the Ministry of Finance .
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2024-09-06 (observador.pt)
In the BES case, will there still be crimes to judge?
The Government (which is worried about Efacec's hole), the PS (which is on a roller coaster) and our Justice (which lets crimes prescribe) are the Good, the Bad and the Villain.
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2024-09-05 (sicnoticias.pt)
15 minutes: the cost of Efacec to the State and the health center controversy
<p><span>EFACEC could cost the State another 80 million euros, in addition to the 484 million it has already cost. The value is advanced by an audit by the Court of Auditors and the government has already requested a discussion of the topic.
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