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Mota-Engil divests to invest and puts over 120 construction equipment items up for auction
Mota-Engil will auction over 120 lots of equipment aimed at the specialized construction and public works market. This asset sale is part of the company’s strategy to divest from equipment that no longer adds value to its operations.
https://executivedigest.sapo.pt/noticias/mota-engil-desinveste-para-investir-e-coloca-em-leilao-mais-de-120-equipamentos-de-construcao-civil/
Real estate funds generate increased returns with rising rents
Every year, property rents are adjusted according to inflation, whether they are residential or commercial. This is good news for real estate investment funds, as it ultimately improves the profitability of assets. That’s why investing savings in open-ended investment funds is becoming more attractive.
https://www.idealista.pt/news/imobiliario/empresas/2024/10/30/66473-fundos-imobiliarios-geram-ganhos-acrescidos-com-subida-das-rendas?utm_medium=email&utm_campaign=news_daily&utm_campaigntype=retention&utm_creation=news_daily_20241031&utm_date_send=2024-10-3107:31:23&utm_link=m3TitularNode66473&utm_project=visitGeneration&utm_recipient_id=62030892488&utm_recipient_list=3&utm_source=newsletters
Want to own 3% of the Algarve Highway? It’s up for online auction for 6 million
Founded in 1968, J. Gomes – Sociedade de Construções do Cávado was one of the largest construction companies in the country, having participated in various public and private works in Portugal and several foreign markets, including hospitals, school parks, educational institutions, cultural and sports centers, as well as road infrastructures.
https://www.jornaldenegocios.pt/empresas/detalhe/quer-ser-dono-de-3-da-autoestrada-do-algarve-esta-em-leilao-online-por-6-milhoes
Centenary printing company in Campanhã up for auction for 777,000 euros
The Diário do Porto company went into insolvency in June of this year. The assets include industrial equipment, books and catalogs, computer materials, and passenger and freight vehicles. EDP and Serralves were clients of Diário do Porto.
https://eco.sapo.pt/2024/10/24/grafica-centenaria-de-campanha-em-leilao-por-777-mil-euros-edp-e-serralves-eram-clientes-da-diario-do-porto/
Azores Parque lands valued at over €935,000 sold at auction following the municipal company’s insolvency
The live auction for the insolvency of the municipal company Azores Parque in Ponta Delgada, Azores, is scheduled for October 30 and involves 13 rural plots valued at over 935,000 euros. Azores Parque was a municipal company in Ponta Delgada aimed at promoting and developing real estate and business park urbanization.
https://expresso.pt/politica/2024-10-21-terrenos-da-azores-parque-avaliados-em-mais-de-935-mil-vendidos-em-leilao-apos-insolvencia-da-empresa-municipal-6ad4e3cd
Be Stitch Home Textile Factories Up for Auction in Guimarães for €1.7 Million
The home textile manufacturer Be Stitch, owned by Rui Machado, once employed 250 workers and was a leading name in the sector. Two production units in Guimarães will be auctioned on October 25.
https://eco.sapo.pt/2024/10/11/fabricas-da-textil-lar-be-stitch-em-leilao-por-17-milhoes-em-guimaraes/
Company that went bankrupt after being saved in Moita in 2017 is up for online auction for 2 million
Up for auction is “a large commercial showroom” and a built area (two floors) consisting of a workshop, reception, offices, and its own parking.
https://www.jornaldenegocios.pt/empresas/automovel/detalhe/empresa-que-faliu-apos-ter-sido-salva-na-moita-em-2017-esta-em-leilao-online-por-2-milhoes
Joana Ferreira: “The Expresso/SIC Notícias Real Estate Awards are an excellent initiative”
The general manager of the real estate department at Leilosoc reflects on the six editions of these Real Estate Awards, which, in her opinion, highlight the best work being done in the country.
https://expresso.pt/premios-do-imobiliario/2024-09-11-video-joana-ferreira-os-premios-do-imobiliario-expresso-sic-noticias-sao-uma-excelente-iniciativa-6bae2dee
Figueiredo follows the perfect script and throws an unprecedented party at the JN/ LEILOSOC Cycling Grand Prix
The list of illustrious winners of the Jornal de Notícias/ LEILOSOC® Cycling Grand Prix now has a new name, with Frederico Figueiredo (Sabgal/Anicolor) holding the yellow jersey he had won in the fifth of the eight stages of the race.
https://www.jn.pt/731614202/figueiredo-segue-guiao-perfeito-e-faz-festa-inedita-no-grande-premio-jn/
Grande Prémio JN/LEILOSOC: Intense Duel in the North of the Country
The cycling celebration returned to the roads of the northern region last Sunday with the 33rd edition of the Grande Prémio Jornal de Notícias/Leilosoc, covering a journey of 1200 kilometers divided into eight stages. This time, the race featured a special element in the battle for one of the most coveted yellow jerseys in the national calendar.
https://www.jn.pt/1194524369/grande-premio-jn-duelo-intenso-no-norte-do-pais/
The Recovery and Resilience Plan (PRR) funds the world’s first fiberboard recycling line
The Recovery and Resilience Plan (PRR) is funding the installation of the world’s first fiberboard recycling line, a project by Sonae Arauco. The project highlights the company’s commitment to sustainability and innovation, and reinforces its position at the forefront of recycling technology in the industrial sector.
https://recuperarportugal.gov.pt/2024/08/16/prr-financia-a-primeira-linha-de-reciclagem-de-paineis-de-fibras-do-mundo/
One of the oldest tire retreading companies in the country has gone bankrupt. It is up for auction for 1 million.
Founded in 1970, Rechapal entered a rapid decline in recent months: declared insolvent in February, seven weeks later its management was replaced by a court-appointed administrator, moving towards liquidation.
https://www.jornaldenegocios.pt/empresas/industria/detalhe/faliu-uma-das-mais-antigas-recauchutadoras-de-pneus-do-pais-esta-em-leilao-por-1-milhao
Four years after bankruptcy, the Cooperativa Agrícola de Vidigueira assets’ are up for auction
The industrial warehouse, building and equipment for olive oil production from the bankrupt Cooperativa Agrícola de Vidigueira (CAV), located in the district of Beja, will be auctioned from September. LEILOSOC®, responsible for the insolvency auction, details that the properties are still in the evaluation phase but the movable assets are valued at 288 thousand euros.
https://eco.sapo.pt/2024/07/23/quatro-anos-depois-da-falencia-ativos-da-cooperativa-agricola-de-vidigueira-vao-a-leilao/
Portuguese olive oil is the best in the world
Portuguese olive oil has the best quality worldwide and Portugal is preparing to become, in 2026, the third largest producer in the world as a result of improvements in infrastructure and production practices.
https://rdpinternacional.rtp.pt/portugal/azeite-portugues-e-o-melhor-do-mundo
Portuguese tourism anticipates the target of 2027 and is one step away from the best year ever in revenue
So far, revenue has grown by more than 11% compared to last year. Speaking to TSF, the president of Turismo de Portugal states that the country is already close to the target set for 2027
https://www.tsf.pt/7829519313/turismo-portugues-antecipa-meta-de-2027-e-esta-a-um-passo-do-melhor-ano-de-sempre-em-receitas/
Joalharia do Carmo recebe a II Bienal de Joalharia Contemporânea
Até 15 de julho visite a exposição de joias em Filigrana inspiradas no poema “Madrugada” de Sophia de Mello Breyner Andresen.
https://www.jornaldenegocios.pt/comunicados-de-imprensa/detalhe/joalharia-do-carmo-recebe-a-ii-bienal-de-joalharia-contemporanea
Antiga fábrica de plásticos à venda em leilão por 341 mil euros
A Grandupla, antiga fábrica de plásticos fundada em 1997, na Marinha Grande, está a leilão até 19 de julho de 2024, com um valor base de venda avaliado em 341.616 euros. O passivo da insolvente é composto por um armazém industrial e ainda por um terreno (cuja avaliação ronda os 36.660 euros).
https://www.idealista.pt/news/financas/investimentos/2024/07/01/64598-antiga-fabrica-de-plasticos-a-venda-em-leilao-por-341-mil-euros
Bankrupt factory Farame located in Sintra yields 4.6 million at auction
In just ten minutes, the auction of the bankrupt Farame allowed the sale at the live auction of the entire industrial unit located in Rio de Mouro (Sintra) for 4.6 million euros, according to information shared with ECO by Leilosoc.
https://eco.sapo.pt/2024/06/13/fabrica-de-sintra-da-falida-farame-rende-46-milhoes-em-leilao/
Auctioneer Files Criminal Case Against “Ronaldo de Viseu”
José Cláudio Nunes, who became famous in 2021 when he made a false offer of 10 million euros for Dielmar, an insolvent company at the time, has just added to his “history of non-compliance and lack of suitability”, accuses LEILOSOC®, an auctioneer who is going to court in order to “prevent his participation” in auctions.
https://www.jornaldenegocios.pt/empresas/detalhe/leiloeira-avanca-com-processo-crime-contra-o-ronaldo-de-viseu
Construction in Portugal: Production Grows 7.5% to 20 billion
Residential building construction grew 3% during 2023 compared to the previous year. Number of completed dwellings continues an upward trend.
https://www.idealista.pt/news/imobiliario/construcao/2024/05/29/64211-construcao-em-portugal-producao-cresce-7-5-para-20-mil-milhoes
Bankrupt Farame’s Sintra Factory goes to Auction for 3.3 Million Euros
Farame, manufacturer of wire, tube and steel plate products, has been in the hands of the French company Aryes since 2012. Auctioneer highlights potential for logistics and storage, automobiles, industry or agri-food.
https://eco.sapo.pt/2024/05/29/fabrica-de-sintra-da-falida-farame-vai-a-leilao-por-33-milhoes/
Tondela Hardware Factory Sells Machines at Auction
As a “divestment strategy” within the scope of the Special Revitalization Process (PER), the historic hardware company Urfic, based in Tondela, will present in an In-person Auction, on June 5th, a set of 339 lots made up of machinery and equipment with a global valuation of almost 1.7 million euros.
https://eco.sapo.pt/2024/05/21/com-dividas-de-10-milhoes-fabrica-de-ferragens-de-tondela-vende-maquinas-em-leilao/
Favir Factory at Public Auction for more than 1.1 Millions
The auction will take place at the premises of the insolvent company, whose liabilities include a complete and operational industrial unit for metallic products, valued in total at 1,331,230 euros.
https://eco.sapo.pt/2024/05/15/fabrica-favir-em-leilao-publico-por-mais-de-11me/
Industrial line for recycling multi-brand coffee capsules inaugurated in Portugal
This is an investment of around one million euros. We have already talked several times here at Echo Boomer about the collection and recycling of coffee capsules, as there are more and more municipalities that, in partnership with the Industrial and Commercial Coffee Association, provide fixed and mobile recycling centers in which citizens can deposit your used coffee capsules, regardless of the materials they are made from (plastic or aluminum).
https://echoboomer.pt/inaugurada-linha-industrial-reciclagem-capsulas-cafe-multimarca-portugal/
A “unique” investment opportunity for the investor market
The property consists of a two-bedroom house measuring approximately 120.00 square meters (m2), buildings to support agricultural activities (warehouse, stables and cowsheds) and two wells.
The farm has an Asset Value of €246,105.67, but its Base Sales Value, that is, the value from which the asset is considered to be sold, corresponds to €104,000.00.
https://www.magazineimobiliario.com/imobiliario/uma-oportunidade-de-investimento-unica-para-o-mercado-de-investidores/
Emanuel Duarte wins the Grand Prize O JOGO/Leilosoc
Emanuel Duarte, from Credibom-LA, is the big winner of the O JOGO/Leilosoc Grand Prize. The Credibom-LA-Marcos Car cyclist crossed the line in third place in the fourth and final stage, this Sunday, in Paredes, maintaining the second advantage he had over Artem Nych, from Sabgal-Anicolor. Pedro Pinto, from Efapel, rose to third place in the individual overall.
https://www.ojogo.pt/2254881248/emanuel-duarte-conquista-o-grande-premio-o-jogoleilosoc/
Santa Maria da Feira’s Cork Factory is for sale for more than 400 thousand euros
The factory of the bankrupt Lusobel Cortiças in Santa Maria da Feira (Aveiro district), is for sale in an online auction for more than 400 thousand euros.
The industrial unit consists of a warehouse, a building for industry and land with a total area of more than five thousand square meters.
https://portocanal.sapo.pt/noticia/349413/
Land for “fuel of the future” in Montijo auctioned for 14 million
The green ammonia market is on the rise, driven by the need for more sustainable energy sources.
In this context, the online auction of a land of 52.3 hectares in Canha, Montijo, whose approved PIP aims to build a green ammonia factory, stands out. With a base value of 14 million euros, the auction, conducted in partnership with Leilosoc Worldwide, raised interest by offering not only the field, but also the entire engineering project and clients validated and technical-financial validation independent auditor/certifier body.
https://diariodistrito.sapo.pt/terreno-para-combustivel-do-futuro-no-montijo-em-leilao-por-14-milhoes/
There are 20 bank properties on auction for 5.6 million euros
With investment opportunities in Porto’s Metropolitan Area and in the regions of Centro and Algarve, the sale process results from the liquidation of a real estate portfolio, in partnership with Leilosoc® Worldwide, auction establishment responsible for the organization of the event.
https://www.dinheirovivo.pt/6084406447/ha-20-imoveis-da-banca-em-leilao-por-56-milhoes-de-euros/
More than 20 bank properties auctioned for more than 5.6 million
Warehouses, stores, land for construction, or housing, in the Grande Porto, region Centro or Algarve. These are some of the more than 20 properties of the bank that go to auction for more than 5.6 million euros.
https://www.idealista.pt/news/imobiliario/habitacao/2024/04/02/63460-mais-de-20-imoveis-da-banca-em-leilao-por-mais-de-5-6-milhoes
Farm in Gaia, house in Ovar and 18 more banking properties go to auction for 5.6 million
Liquidation of the real estate portfolio of the bank, consisting of 20 properties located in the regions of Porto, Centro and Algarve, in partnership with Leilosoc. Tenders until 12 April and from 5 thousand euros.
https://eco.sapo.pt/2024/04/02/quinta-em-gaia-moradia-em-ovar-e-mais-18-imoveis-da-banca-vao-a-leilao-por-56-milhoes/
University of Beira Interior wants to improve recycling using artificial intelligence
The University of Beira Interior (UBI) is involved in a European project with the aim of, using artificial intelligence, to classify packaging and improve the recycling processes of waste, the agency Lusa.
According to the institution, the GRESINT project is focused on sustainability and aims to improve the classification of packaging through intelligent technologies, which will be tested in three pilot tests at the Spanish Galician Society of the Environment (Sogama) and the Association of Municipalities for the Sustainable Waste Management of the Grande Porto (Lipor).
https://www.ambienteonline.pt/noticias/universidade-da-beira-interior-quer-melhorar-reciclagem-com-recurso-a-inteligencia-artificial
Gaia and Setúbal selected for affordable rental pilot projects
The Institute of Housing and Urban Rehabilitation (IHRU) has chosen Vila Nova de Gaia and Setúbal to give the starting point of the New Generation Cooperativism policy for the Promotion of Accessible Housing, which integrates the More Housing program. The objective is to make houses available in a model of collective ownership, that is, the houses are kept in the ownership of the cooperative, being ceded to the cooperators in the mode of right of use or of affordable rental. These first housing projects are launched at a time when the rents of the new contracts have seen an increase of 10.6%.
https://www.dn.pt/3860710132/gaia-e-setubal-escolhidas-para-projetos-piloto-de-rendas-acessiveis/
This company has already produced the Bravo scouring pad, opened bankruptcy and now goes to the online auction
Its name was Favir, and it produced the well-known Bravo scouring pad and became a national leader in its production. The impact of the pandemic, the war in Ukraine and inflation affected the company that ended up bankrupt in August 2023, and now goes to auction.
https://executivedigest.sapo.pt/noticias/esta-empresa-ja-produziu-os-esfregoes-bravo-abriu-falencia-e-agora-vai-a-leilao-online/
1.1 million euro assets of the insolvent Favir at online auction
The factory in Santa Comba Dão, which manufactured the brand’s saponified steel knobs, is being auctioned for 1.1 million euros and receiving bids until next March 28.
https://jornaleconomico.sapo.pt/noticias/ativos-de-11-milhoes-de-euros-da-insolvente-favir-em-leilao-online/
Portugal remains unstoppable and wins more than 30 Tourism Oscars
Year after year, history repeats itself: the Tourism Oscars are again presented and Portugal continues to be on the list of winners. In 2023, our country won 22 World Travel Awards, but managed to surpass the achievement this year with 31 distinctions in the most diverse areas.
https://newinporto.nit.pt/na-cidade/portugal-continua-imparavel-e-conquista-mais-de-30-oscares-do-turismo/
Fund auctions online for 6.6 million luxury villa, houses and land in Lisbon, Sintra, Setúbal and Évora
A villa with pool and garden in Palmela, and buildings with projects for the construction of houses and others for restoration, in Lisbon, Sintra and Évora, can be bid individually from 513 thousand euros.
https://www.jornaldenegocios.pt/empresas/imobiliario/detalhe/fundo-leiloa-online-por-66-milhoes-moradia-de-luxo-casas-e-terrenos-em-lisboa-sintra-setubal-e-evora
The path to sustainability was discussed at the Faculty of Economics
Debates, exhibitions, challenges and other activities were part of the programme of the first Sustainability Week that took place at the Faculty of Economics of Porto (FEP), last week. At the heart of the discussion were topics such as conscious consumption, inequalities, artificial intelligence and economic development.
https://www.porto.pt/pt/noticia/o-caminho-para-a-sustentabilidade-esteve-em-analise-na-faculdade-de-economia
Real Estate investors call for an end to the maximum scale of VAT for construction
Incentives for investors who want to bet on the creation of housing or the collection and sale of returned state property for the construction of affordable housing are some of the measures.
The Associação Portuguesa de Promotores e Investidores Imobiliários (APPII) proposes a set of measures to resolve the housing crisis, which includes a tax reform, namely the reduction of VAT applied to construction.
https://observador.pt/2024/01/26/investidores-imobiliarios-pedem-fim-do-escalao-maximo-de-iva-para-a-construcao/
There are five Portuguese attractions nominated for the “Oscars of Tourism”
The World Travel Awards announced the nominees for the 2024 edition and Portugal leads one of the categories. There are five Portuguese attractions competing for the title of best adventure attraction in Europe, a category that has been won by Passadiços do Paiva since 2018.
https://hrportugal.sapo.pt/ha-cinco-atraccoes-portuguesas-nomeadas-nos-oscares-do-turismo-ja-conhece-todas-quase-de-certeza-que-nao/
The second European mission in orbit of Venus has Portuguese participation
Scientists and companies from Portugal participate in the second European mission in the orbit of Venus, EnVision, with launch scheduled for 2031 and that will study the surface and the interior of the planet and its atmosphere. The mission has now been adopted by the European Space Agency (ESA), which means, in practice, that the study phase has been completed and is being implemented.
https://www.publico.pt/2024/01/26/ciencia/noticia/segunda-missao-europeia-orbita-venus-participacao-portuguesa-2078327
New markets and appreciation of Portuguese footwear are priorities of the new direction of APICCAPS
The re-elected president of the “Associação Portuguesa de Calçado”, Luís Onofre, who took office on Thursday for a three-year term, highlighted the importance of new markets and the appreciation of domestic products in a context of “very modest” economic growth.
https://pt.fashionnetwork.com/news/Novos-mercados-e-valorizacao-do-calcado-portugues-sao-prioridades-da-nova-direcao-da-apiccaps,1598523.html#nicklas-skovgaard
Lisbon, Porto, Funchal, Braga and Cascais in the race for the National Prize
One month after the closure of registrations for the National Urban Rehabilitation Award, the number of enrolled begins to grow with applications coming from all over the country. Braga, Porto, Lisbon, Cascais and Funchal are already represented in this Prize with candidate works in the categories of Residential, Commercial & Services, Tourist, Social Impact, Lisbo City, Porto City, Sustainability, Structural Rehabilitation, Restoration and Best Intervention Less than 1000 m2.
https://vidaimobiliaria.com/noticias/reabilitacao-urbana/lisboa-porto-funchal-braga-e-cascais-na-corrida-ao-pr%C3%A9mio-nacional-ru/
Metallurgical and metal-mechanical sector with the best results ever
Despite the huge volatility of the markets in recent years, the companies in the metallurgical and mechanical sector had, in the first half of 2023, the best results ever, with exports totalling 12.865 million euros, 11.6% higher than in the same period.
https://opiniao-publica.pt/sociedade/especial-sociedade/01/17/setor-metalurgico-e-metalomecanico-com-os-melhores-resultados-de-sempre/
Nabeiro-Delta Group strengthens the Swiss market with the purchase of a distributor
Rui Miguel Nabeiro says that the acquisition of the Swiss distributor appears as “a fundamental and necessary step for the expansion” of the brands of the Nabeiros-Delta Cafés Group, and is aligned with the ambition to reach the top 10 of coffee brands in the world.
https://www.jornaldenegocios.pt/empresas/detalhe/grupo-nabeiro-delta-reforca-no-mercado-suico-com-compra-de-distribuidora
Paredes implements pilot project of collection of bio-waste in restaurants and eco-schools
“RecolhaBIO – Support to the implementation of projects of selective collection of bio-waste” is a pilot project that is being advanced in the municipality of Paredes. The City Hall of Paredes intends, initially, to implement the door-to-door selective collection in economic operators in the area of catering, cafes and hotel and to raise awareness for the selective collecting and community compostage in Eco-Schools.
https://averdade.com/paredes-implementa-projeto-experimental-de-recolha-de-biorresiduos-na-restauracao-e-eco-escolas/
82% of Portuguese satisfied with online shopping experience
Satisfaction with online shopping is positive for 82% of Portuguese consumers. The conclusion is from a survey of platformasportuguesas.pt, conducted to two thousand consumers in 2023.
https://www.distribuicaohoje.com/retalho/experiencia-compras-online/
Cars with ChatGPT and hydrogen fuel presented at CES 2024
Mobility is one of the themes of CES 2024, and some manufacturers have unveiled new features for their car models. Honda has been outstanding with its concept in partnership with Sony and Volkswagen will introduce ChatGPT in their vehicles.
https://tek.sapo.pt/multimedia/artigos/veiculos-com-chatgpt-e-com-combustivel-de-hidrogenio-apresentados-na-ces-2024
House prices will slow down in 2024
Economists predict that house prices will continue to rise this year, but at a slower pace. The appetite of foreign buyers, which has sustained the growth of the market, is here to stay
https://www.jornaldenegocios.pt/empresas/imobiliario/detalhe/precos-das-casas-vao-desacelerar-em-2024
Agriculture seeks good practices to reduce environmental footprint
The Secretary of State for Agriculture, Gonçalo Rodrigues, is in Dubai to participate in COP28. In statements to RTP, he stressed that farmers are at the forefront in defending the environment, which is the basis of their livelihoods.