ENSUL MECI - EFACEC - COGERAÇÃO DO PORTO, A.C.E.
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.
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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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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.
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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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2023-07-05 (noticiasaominuto.com)
Efacec: Final sales figures are not yet "completely determined"
The Minister of Economy and the Sea clarified today that the final figures for the sale of Efacec to the German fund Mutares are not yet "completely determined", reiterating that he will only talk about values when the process is completed.
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2023-06-15 (dinheirovivo.pt)
Efacec: Guarantees of 85 million euros were not triggered and "we hope they are not"
The State injected 132 million euros into Efacec, to which must be added another 85 million euros in guarantees. António Costa Silva had already mentioned having "great expectations" that this amount can be recovered
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2023-06-07 (dinheirovivo.pt)
Efacec: State invested 132 million plus 85 million euros in guarantees
The State injected 132 million euros into Efacec, to which are added another 85 million euros in guarantees, announced the Minister of Economy.
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2023-06-02 (sicnoticias.pt)
Economy
Efacec has accumulated more than 310 million euros in losses since it passed into the hands of the State, in 2020. The company remains at an impasse, waiting to find out who will be the new owner.
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2023-06-02 (dinheirovivo.pt)
Efacec with 310 million accumulated losses since 2020
In 2022 alone, the negative results were 52.8 million. Company awaits Government decision regarding the sale of the 71.73% that were nationalized
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2023-01-05 (dinheirovivo.pt)
Efacec with losses of 100 million euros in 2022
Results reveal the company's financial situation at the time the reprivatization process was reopened.
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2022-12-23 (expresso.pt)
Government wants to sell Efacec in the first quarter
Banks admit to being part of Efacec's full restructuring and accepting debt forgiveness if bondholders and suppliers are also called upon to participate in the solution
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2022-03-25 (expresso.pt)
Efacec pacemaker, with high losses
Industry. Sale to DST faces obstacles. Guarantees for financing at risk and losses triple compared to expectations
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2022-02-04 (rtp.pt)
EFACEC ended 2021 with losses of more than 60 million euros
The numbers are not yet official. Accounts that can further complicate the future of the company.
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