How much is TAP worth to national GDP?

TAP made a contribution of 3,5 billion euros to Portuguese GDP in 2018, weighing 1,7% in the creation of wealth in the country that year. Each carrier plane generates 29 million euros in revenue and 567 jobs in the national tourism sector.


BES 'liabilities to the Directors' Pension Fund will be extinguished

ASF authorized the extinguishment of pension liabilities of the former executive directors of BES.

Minipreço owner's sales grew 6,3% in the second quarter of 2020

Comparable sales ('like-for-like') of the distribution group operating in Portugal, Spain, Brazil and Argentina recorded an increase of 14,9% in the period under review compared to the second quarter of 2019, “with all markets positive for the first time since the 4th quarter of 2016 ”.

BES and ESFG in legal dispute by ES Health Care Investment

ESFG and BES are dragging a legal dispute over the 17,74% stake in Espírito Santo Health Care Investment and the dividends it has distributed to BES in the amount of 9,23 million. More recently, ESFG challenged the list of creditors recognized by BES, before the Court of Commerce, for not recognizing their right to these assets, which BES is still going to contest.