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Vehicle production

Vehicle production in Portugal declined 18% in June compared with June 2011, to a total 13,907 vehicles. 99% of all vehicle production here is for export, and the Volkswagen plant AutoEuropa is responsible for 71% of total production.

The Port of Sines said last week that the first half of 2012 was its best ever, with 14.3m tonnes of cargo processed, a 22% rise from the same period in 2011. Exports were up 49%, to 3.3m tonnes.

This week should see the selection of advisors to prepare broadcaster RTP’s privatization, Deputy Prime Minister Miguel Relvas said last week. The sale of a part of the broadcaster is expected within 12 months.

Conglomerate Sonae has decided to finish off its Vobis brand electronics retailers and integrate them into its Worten brand outlets. Sonae runs some 140 Worten outlets in Portugal.

GalpEnergia said last week that retail sales by volume fell 6.6% in the second quarter to 2.5 million tons of fuel, reflecting sliding consumption of refined petroleum products in its main domestic market. Production, meanwhile, was up 37% at 18.8m barrels of crude, the company said.

Radio Comercial announced last week that it had become the top channel in Portugal for the first time ever, leading audiences for the first time in its more than 30-year history. Radio Comercial had 14% of the total audience, according to data from sector analyst Marktest, ahead of RFM with 13.7% and Renascença with 12%.

Source: BPCC