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Portuguese coffee billionaire boosts living standards in his hometown – 05/29/2021 – Folha Seminars



Portuguese coffee billionaire boosts living standards in his hometown - 05/29/2021 - Folha Seminars

Founder of Delta, the largest coffee brand in Portugal, with a business spanning over 20 companies, from wine to transport, Rui Nabeiro has become synonymous with socially responsible investment in his country.

At the age of 90 and still working, Nabeiro usually has a size of his fortune overshadowed by the scale of his social actions and employee benefits. According to Exame magazine, his assets amount to 462.2 million euros (about 2.9 billion reais), which puts him in 15th place in the country.

An entrepreneur’s initiatives in his hometown of Campo Mayor have turned a small village in Alentejo, one of Portugal’s poorest regions, into an oasis of sorts with better wages and aging rates than national average

Delta, founded in 1961, has over 1,000 employees in a city of approximately 8,000. Nabeiro has also built an ecosystem to support residents, which includes access to health care and education.

“In this country, everyone has a job, everyone lives quite well, not to mention some very well,” he says, not hiding his satisfaction.

He was born into a humble family and, according to him, he felt what it means to “live badly,” and for this reason he wants to create the best possible conditions for employees. This includes more traditional benefits such as health insurance, to easier access to buying cars and homes.

When the company was smaller, the businessman even took employees on excursions with him and his family on vacation. “Many of them never left Campo Mayor, so I took them to see it for a bit. I started in Spain, then on the islands of Portugal. (…) We put 300 people on the plane, and it is clear that we remembered this, ”he recalls.

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Delta’s support actions are well known in Portugal, and in the midst of the Covid-19 pandemic, they seem to have been even more appreciated. In 2021, the company took the leading position in the main attractiveness rating for work in the country.

“I’ve always invested in people. My social sphere is huge, but I don’t want to show it, I do it silently. “

It is no coincidence that they often turn to him with requests for help, ranging from the expected, vacancies and ending with dentures. In many cases, the driveway is in the middle of the street, on a short path between your home and office.

“I don’t like to say no, it’s very sad. A person who comes to us always has ambitions, he comes with confidence. “No” is hard to hear. “

To help the family, he started working with coffee at the age of 14 with an uncle who had already worked in the segment but turned to the Spanish market. He says his decision to open a business targeting the Portuguese public was met with skepticism.

“At the time, no one would have said that something like this could be done in Portugal. They said that the existing roasting was already enough. I studied what other companies were doing, I saw that I could do better, and I did it. “

One of the changes was the mode of transport. “I started drinking coffee in the van, in the truck, always at the client’s door. I invested in proximity and managed to win over the Portuguese public. “

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Nabeiro only studied until the 4th grade, but he insists on extolling the importance of education. “The great weapon of man is school.” Educational projects carried out by the Coração Delta Foundation, an association dedicated to his group’s social projects, he enthusiastically lists.

In Campo Mayor, the Alice Nabeiro Educational Center, named after the entrepreneur’s wife, with whom he has been married for 67 years, offers additional activities for nearly 200 children. In addition to school reinforcement, there are sports activities and classes in music, robotics and programming.

In an interview with sheet At his office, where he keeps dozens of plaques, awards and honors for his community service, Nabeiro said he had no plans to stop.

“How can I stop working if I work with pleasure? Do I feel happy and proud of myself? I really like what I do. I feel like I can still distribute and do for others. “

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Portuguese tennis player Gonçalo Oliveira in the doubles final of the Lisbon Belém Open



Portuguese coach praises the development of women's handball after the Iberian duel

Oliveira and Kolar defeated France’s Manuel Guinard and Venezuela’s Luis David Martínez in the semi-finals for first place in the series, in straight sets with partial scores of 6-1 and 6-2 after 58 minutes of play.

In the title match, they will take on the Ukrainian duo of Vladislav Manafov and Oleg Prikhodko, who eliminated Jivan Nedunchezhyan of India and Christopher Rungkat of Indonesia 6-4 and 6-2 in the semi-finals.

For the 27-year-old Portuguese tennis player, this will be his 31st doubles final at the ATP Challenger Tour and third at the Lisboa Belém Open after reaching the final in 2017 with compatriot Frederico Gil and champion in 2020 with Dominican Roberto Cid Subervi.

In singles, Italian Marco Cecchinato, semi-finalist of Roland Garros in 2018, beat Spaniard Carlos Taberner 7-6 (7-2) and 6-4, scheduling a meeting in the semi-final with the “Reserve” Kazakh Timofey Skatov, responsible for eliminating Frenchman Benoit Pera, in three matches, with a score of 6-4, 2-6 and 7-5.

The other semi-final of the Lisbon tournament will be discussed between Austrian Filip Mizolich, who defeated Giulio Zeppieri 6-4 today, and Frenchman Luca van Assche, the executioner of compatriot Alexander Müller, who finished seventh. parts 6-4 and 7-5.

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Portuguese fund CA Património Crescente wins European award for highest return – Imobiliário



Portuguese fund CA Património Crescente wins European award for highest return - Imobiliário

Open-ended real estate investment fund CA Património Crescente has once again received the MSCI European Property Investment Awards in the Diversified Portfolio category for 2021.

This is the 12th time that the Portuguese fund, established in 2005, has received this award, which distinguishes the national real estate portfolio with the best return. In 2021, CA Património Crescente’s real estate portfolio returned 7.8%, compared to 6.3% in the benchmark.

The largest share of real estate income was received through shopping centers and offices: 8.7% and 8.6% respectively, according to the Portuguese fund Negócios, which at the end of August had a portfolio of 141 assets worth 1,031 million euros.

CA Património Crescente is one of the six funds managed by Square Asset Management, with Grupo Crédito Agrícola being the custodian bank and responsible for its marketing and investments mainly in real estate destined for trade, offices, services, industry, logistics or hotels.

The CA Património Crescente fund returned an annualized return of 5.1% in April, which declined slightly to 4.23% after two years, rising to 4.72% after three years and 4.74% after five years. . The average ten-year yield was 3.95%.

Square AM was also once again awarded by Euromoney, which recognizes major leaders in real estate financial products and services, as the “Best Investment Manager” of 2022.

Square AM has been on the market for 17 years and is one of the largest real estate fund managers in Portugal with €1.3 billion in assets and over 25,000 investors.

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Benfica announces a partnership with Portuguese driver Miguel Santiago.



Benfica announces a partnership with Portuguese driver Miguel Santiago.

Young competes at the National Speed ​​Championship and the FIM GP Junior World Championship.

Benfica have announced a partnership with driver Miguel Santiago, a Portuguese driver who works in the National Speed ​​Championship and the FIM Junior World Championship. Santi, who started taking his first steps in motorsport in 2016, was pleased with someone during the presentation. “The dream has come true! When I was little, before riding motorcycles, I played football, went to Benfica’s school in Mafra, I always dreamed of becoming a Benfica athlete. I never thought! A few years ago, if you had asked me, I would have said no, I believed that one day I would be here, it is a great pride. I have no words. I just hope to reach the goals, glorify the club. I have the race, the desire and the ambition.” , repeated the 18-year-old BTV pilot.

Miguel Santiago is thinking about becoming the queen of motorcycle racing.

“In recent years, the FIM Junior GP has attracted many riders to the Moto GP where 20 out of 24 riders [que participam] come from this contest. Participation in Moto GP is considered the greatest school of prodigies, I am proud to be there and so close to the level of Moto GP,” he said.

Flavio Miguel Silva


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