Novabase proposes Luís Salvado as Chairman and CEO in a new term

Luis Salvado, current chairman of Novabase, is proposed for a new term also for CEO. Currently João Nuno da Silva Bento is the CEO.

Novabase published on the CMVM website the shareholders' proposal for the 2021 Elective General Meeting.
Novabase - Sociedade Gestora de Participações Participações, “informs that it has been notified by its shareholders subscribing to the Parasocial agreement - and that together they hold a qualified 40,12% stake in Novabase - of the intention to propose in the Novabase Annual and Elective General Meeting to be carried out during the first half of 2021.

The proposal leads Luís Paulo Cardoso Salvado, current Chairman of the Board of Directors, to a new term from 2021 to 2023.

But the news is that the Chairman will accumulate the function of executive president (CEO), a place that today is occupied by João Nuno da Silva Bento.

According to the statement, “the election of Luís Paulo Cardoso Salvado to the functions of Chairman of the Board of Directors and Chairman of the Executive Committee of Novabase for the new term corresponding to the 2021-2023 term will be proposed.


AHRESP affirms that the Government “is committed to announce measures” according to the proposals made

On the Government's side, the association stresses that the Minister of Economy “has promised to announce publicly very soon, with the presence of the social partners, the measures that the government may decide in light of the proposals presented by the associations present at this meeting” .

Car sales fall 23% in November and 35% in a year

In November 2020, 14.969 motor vehicles were registered by the legal representatives of the brand operating in Portugal, that is, 23,4% less than in the same month of the previous year.

5G: Deputies approve hearing of Anacom and Autoridade da Concorrência about regulation

As confirmed to Lusa by the Vice-President of the Commission, Pedro Coimbra, a request submitted by the CDS-PP for the hearing of Anacom and AdC “on the regulation of the 5G auction” was considered and voted in favor. The date has not yet been set.