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Lidl invests $ 4.5 million in the chain’s first store in the service area.

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Lidl invests $ 4.5 million in the chain's first store in the service area.

“EThis new store is the first in the network in Europe in the service area “, Lidl says, noting that” with an investment of 4.5 million euros (…) it aims to enhance the convenience offered, not only through its location. but also offering a wide range of easy, precise choices and with the usual principle: quality at the best price. “

As part of the expansion and modernization process of its chain of stores in Portugal, Lidl opened today in the Oeiras service area (A5), in partnership with Brisa, on the Lisbon-Cascais axis, its 264th store in Portugal, which joins two others already in existence in the municipality of Oeiras, ”he said in a statement.

Thanks to this opening, “about 25 new jobs are being created, and now there are more than 75 employees in the district.”

The new store “was built from the ground up, integrating the brand’s current store concept implemented in many other regions of the country”, with an area of ​​over 1,400 square meters.

“In an effort to offer citizens more and more convenience and invest in the innovation of its services, through its partnership with CTT, this store also offers a 24/7 locker that allows online order collection, making them more convenient and without time constraints, in complete safety. and the ability to combine this collection with a regular shopping trip, ”he adds.

“Closeness and convenience have characterized us from day one and we work daily to best respond to the needs of the community. In this sense, we are committed to this partnership with Brisa, in order to reinforce precisely this convenience for the thousands of people who every day they drive along the A5 motorway, one of the main thoroughfares of Greater Lisbon, for access and movement, for business travel or leisure, ”the statement was quoted as saying Lidl Portugal Central Services Administrator Milton Rego.

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“This convenient commercial area, resulting from a close partnership between Lidl Portugal and Brisa Conmissão Rodoviária, allows the Brisa Group to meet the needs expressed by our customers who have requested such space. And it also allows us to broaden the concept of mobility for convenience mobility in the service of people, more urban, inclusive and conscious mobility, ”adds Eduardo Ramos, Executive Board Member of Brisa Autoestradas de Portugal and Executive Chairman of Via Verde.

Read also: The British consider this Portuguese Lidl store to be the most beautiful in the world.

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Economy

ERSE bans the cost of the Iberian contract mechanism from being included in electricity bills until April 26 – ECO

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ERSE bans the cost of the Iberian contract mechanism from being included in electricity bills until April 26 - ECO





ERSE bans the cost of the Iberian contract mechanism from being included in electricity bills until April 26 – ECO































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Economy

Kazakhstan is preparing to supply oil to Azerbaijan instead of Russia – Oil

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Kazakhstan is preparing to supply oil to Azerbaijan instead of Russia - Oil

In the international oil market, a new adjustment of black gold routes may occur. Kazakhstan is preparing to export its oil via Azerbaijan’s largest oil pipeline to circumvent Russia’s threat to close the Black Sea port of Novorossiysk.

After a Russian court threatened to cut off an oil route through which Kazakhstan exports black gold to the world, Astana is preparing to ship its oil from Azerbaijan’s largest oil pipeline as early as September, sources close to the case say, citing Reuters.

For about two decades, Kazakh oil, which accounts for 1% of the world’s oil reserves, was transported through the CPC (Caspian Pipeline Consortium) pipeline, which was sent to the Russian port of Novorossiysk on the Black Sea, from where the oil was shipped. the rest of the world.

However, in July a Russian court threatened to shut down the CPC pipeline to Kazakhstan, prompting the Astana government and foreign companies operating in the country’s oil sector to reach out to other possible partners to ensure that if Russia ceases to act as a bridge between Kazakhstan’s oil and the world There may be other transportation options.

Thus, one of the sources assured Reuters that the Kazakh oil company Kazmunaigas (KMG) is negotiating with the Azerbaijani side to export 1.5 million tons of oil per year through the Azerbaijani pipeline, which transports raw materials to the port of Ceyhan. , Turkey. The contract is to be signed in August, and oil on this route is to start in September.

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However, these agreements may not be enough to ensure that the world receives the same number of barrels of oil from Kazakhstan as before Russia’s possible production cuts.

According to the British agency, this partnership will bring 30,000 barrels of oil per day to countries buying Kazakh oil, which is very small compared to the 1.4 million barrels per day currently transported by CPC.

In addition, two other sources report that Astana is in talks to have another 3.5 million tons of crude oil annually exported via another pipeline to the port of Supsa in the Black Sea region from Georgia starting next year. In a Reuters report, KMG representatives declined to comment on the issue.

Kazakhstan can make a difference in the uncertain future

By seeking to sign these agreements, Kazakhstan can not only ensure its own economic viability, but also ensure that the imbalance between supply and demand for oil on the international market does not worsen.

Oil consumption is expected to rise to 2.1 million barrels a day this year, up 300,000 barrels from the previous forecast, according to International Energy Agency data released this Thursday.

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Economy

Caixa Geral de Depósitos may close 23 branches this month – Executive Digest

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The union of workers of the CGD group companies, STEC, has published information received from the administration of Caixa Geral de Depósitos (CGD), announcing that the bank intends to further cut costs and close 23 more branches during August, with more frequency in the Lisbon and Porto areas .

The union warns that with this closure there will be an “inevitable congestion” of other branches in these areas, pointing out that even now they are having difficulty responding to services and recalling that from 2012 to 2022 they left CGD more than 3,300 workers and 300 branches were closed in Portugal.

STEC points to the government’s statement that it “cannot abdicate its responsibility for territorial integrity” and that “it is essential that the state defines the strategic direction that the bank must take, namely its responsibilities in terms of the public interest “. … and the needs of the population, guaranteeing them a service of proximity and quality.”

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