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Parpública
Parpública, officially Participações Públicas (SGPS) S.A., is a state holding company that can be characterized as a National Wealth Fund of the Portuguese Republic. The company is based in Lisbon, Portugal. Among its major assets are TAP Portugal, ANA - Aeroportos de Portugal, Águas de Portugal, Imprensa Nacional Casa da Moeda, Companhia das Lezírias and the Estoril Circuit The Circuito do Estoril or Autódromo do Estoril (Estoril Circuit), officially known as Autódromo Fernanda Pires da Silva, is a motorsport race track on the Portuguese Riviera, outside of Lisbon, owned by state-run holding management company Pa .... It has been described as Portugal's Public-private partnership unit. References External linksOfficial website {{DEFAULTSORT:Parpublica Government-owned companies of Portugal Sovereign wealth funds Public–private partnership units ...
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Estoril Circuit
The Circuito do Estoril or Autódromo do Estoril (Estoril Circuit), officially known as Autódromo Fernanda Pires da Silva, is a motorsport race track on the Portuguese Riviera, outside of Lisbon, owned by state-run holding management company Parpública. Its length is . It was the home of the Formula One Portuguese Grand Prix from 1984 to 1996. The capacity of the motorsport stadium is 45,000. The circuit has an FIA Grade 1 license. History Estoril, a vacation-destination beach town located west of the Portuguese capital city of Lisbon has had a motor racing dating back to the 1930s, with a street circuit used in 1937 for a local race. The current Estoril circuit was built and completed in 1972 on a rocky plateau near the village of Alcabideche, from Estoril, the town lending its name to the circuit. The course has two hairpin turns, noticeable elevation changes, and a long start/finish straight. Its original perimeter was , and the maximum gradient is nearly 7%. Monsanto P ...
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Portuguese Republic
Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of the Azores and Madeira. It features the westernmost point in continental Europe, and its Iberian portion is bordered to the west and south by the Atlantic Ocean and to the north and east by Spain, the sole country to have a land border with Portugal. Its two archipelagos form two autonomous regions with their own regional governments. Lisbon is the capital and largest city by population. Portugal is the oldest continuously existing nation state on the Iberian Peninsula and one of the oldest in Europe, its territory having been continuously settled, invaded and fought over since prehistoric times. It was inhabited by pre-Celtic and Celtic peoples who had contact with Phoenicians and Ancient Greek traders, it was ruled by the Romans, followed ...
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National Wealth Fund
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and In ...
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TAP Portugal
TAP Air Portugal is the currently state-owned flag carrier airline of Portugal, headquartered at Lisbon Airport which also serves as its hub. TAP – Transportes Aéreos Portugueses – has been a member of the Star Alliance since 2005 and operates on average 2,500 flights a week to 90 destinations in 34 countries worldwide. The company has a fleet of 100 aircraft, all of which are manufactured by Airbus with the exception of 22 aircraft manufactured by Embraer and ATR, operating on behalf of the regional airline TAP Express. The airline was established on 14 March 1945 and began commercial services on 19 September 1946. Having been founded as a national institution, the airline was privatised for the first time in its history during 1953. Throughout its existence, TAP has alternated interminably between public and private ownership. In 1965 it bought its first Boeing-built jetliner, the 707. In 1967, the airline became the first in Europe to exclusively operate jets. In 1979 ...
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ANA - Aeroportos De Portugal
ANA Aeroportos de Portugal is the airport authority of Portugal. The authority manages various airports including Portugal's largest airport, Lisbon Airport. The authority has its head office in Building 120 on the grounds of the airport. History At the end of the 1980s, a major expansion in both the economy and air traffic was witnessed at the global and national level. For ANA, it was a period of investment in basic infrastructures, with the renewal of the Air Traffic Control systems and the Lisbon, Porto and Faro airports. Airport activities also grew: free shops, rent-a-car offices, parking. During this period the company's head office was built, in addition to buildings for the Airports' partners: forwarding agents, concessionaires and airlines. It was also a period when the Airports joined several international bodies, such as Eurocontrol, ICAA (International Civil Airports Association) and AOCI (Airport Operators Council International). The 1990s began with the Gulf cr ...
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Águas De Portugal
Águas de Portugal (AdP Group) is a Portuguese state-owned company that operates in thwater sector AdP Group companies provide services throughout all of mainland Portugal and across the fields of water supply and wastewater sanitation, namely the capture, treatment and distribution of water for public consumption and the collection, transport, treatment and disposal of urban and industrial wastewater Industrial wastewater treatment describes the processes used for treating wastewater that is produced by industries as an undesirable by-product. After treatment, the treated industrial wastewater (or effluent) may be reused or released to a sa ..., including their recycling and reuse. AdP Group also operates in several Portuguese speaking countries. See also * Water supply and sanitation in Portugal External linksÁguas de Portugal Government-owned companies of Portugal Service companies of Portugal Water companies Water in Portugal Water supply and sanitation in ...
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Imprensa Nacional Casa Da Moeda
The Imprensa Nacional-Casa da Moeda (National Printing House, and Mint, abbreviated INCM), is the Portuguese mint and national press, owned by the Portuguese Government and administratively subordinated to the Portuguese Ministry of Finance. It is located in Lisbon in the São Mamede (Santo António) neighborhood. History The Casa da Moeda was established at least in the late 13th century. It produced legal tender coins and banknotes. It also produced medals and security prints (i.e., passports, subway tokens, postage stamps) that are used and issued by government-run service providers. In 1972 it was merged with the Imprensa Nacional (National Press) into Imprensa Nacional Casa da Moeda through the Law Decree nr. 225/72 of July 4. Imprensa Nacional-Casa da Moeda (INCM) has the mission of publishing the Official Journal (Diário da República), through which all citizens become aware of the acts that govern the life of Portuguese society. As provided for in art. 119 of the Portug ...
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Companhia Das Lezírias
The Companhia das Lezírias (Lezírias Company) or CL for short (the only two letters in the company logotype), is a state-run agriculture and forestry company located in the Lezíria do Tejo subregion, and headquartered in Samora Correia, Benavente municipality, Portugal. It was founded in the 19th century by the Portuguese Crown. The company is an ecological sanctuary and periurban farming area, near Grande Lisboa subregion - the most populated subregion of Portugal. The company produces rice, wine, cork, and livestock, as well as being a reputed horse breeder. In addition to its farming, forestry, and animal production activities, the Companhia das Lezírias has organised top equestrian events.Federação Equestre Portuguesa
, International Equestrian Federation's Endurance European Championship 2007 at Companhia das Lezírias - pros ...
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Government-owned Companies Of Portugal
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned ...
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Sovereign Wealth Funds
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and In ...
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