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After all, what is changing on Via Verde?



After all, what is changing on Via Verde?

Nthe last segment of last year, Via Verde has begun warning some customers that 2022 will bring news: in essence, there will be a separation between paid services on the highways and the rest of the functions that the company provides to its customers. This decision sparked controversy and criticism from DECO and the Automóvel Club de Portugal (ACP), who even went to court.

What will change in practice for Via Verde customers? Let’s do it step by step. First of all, it is important to emphasize that Via Verde has about three million customers in Portugal, of which “about half, i.e. who has an identifier bought over the years and which still works, do not undergo any changes“, – explained the President of Via Verde Eduardo Ramos in a statement to News by the minute

That is, there are no changes for customers who have purchased an ID. On the other hand, there are customers who pay a monthly ID fee, in which case there are changes as there are now two subscription models: Motorway Via Verde and Via Verde Mobility

“For clients with subscription model which is the second half, there are two options… From January 5th to March 31st, without changing prices, you have access to all the services you already have today. Happy April, 1, if customers want to continue to use value-added services in a competitive environment as there are other offers on the market, they will have [de pagar] price 50 cents per month“, – explained Eduardo Ramos.

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If they do not want to pay extra for the Via Verde Mobilidade subscription model, which includes additional services such as parking, refueling, or even making other purchases, customers should show interest in the company.

“Customers are very satisfied with these services, [mas] if it is not, April 1st, April 2nd, April 3rd or whenever they want, they will revert to the previous mode, which is Via Verde Autoestradas mode, which does not undergo any changes in price, even in the face of inflation. This is still 49 cents a month – I say 50 cents to round up, ”continued the President of Via Verde.

Customers can keep buying ID

The original idea was to make it impossible for customers to buy an ID, but after consulting with several organizations, Via Verde decided to let users continue to buy the device. However, he notes that “less than 1%” of customers are currently making the decision to purchase IDs.

“Explaining the reason why we initially decided not to sell the identifier: selling the identifier transfers two risks to the buyer, which we consider inappropriate, the first is technological risk and the second is environmental risk“, – said Eduardo Ramos.

As for the first one, “since the identifier is that white box that is constantly evolving, we think that it is impractical, but we leave this option on the client’s side for now, buy something today, which costs 35 euros, and if in a year or two it stops working, the customer has to buy a new one. ”

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The same cannot be said about the subscription model, since in the event of a breakdown, customers deliver a company identifier, which then issues a new one to the user without overpaying. “That’s 50 cents a month that allows you to have it,” he concluded.

In terms of environmental risk, Via Verde’s president explains that the company has a “recycling chain for electronic and plastic equipment,” which means that “when customers give us IDs, we have a chain that allows us to recycle it correctly.” the client, unfortunately, does not have access to this. ”

DECO sees “abuse of exclusive rights” and the ACP goes to court, but Via Verde does not see itself as criticized.

When asked how he relates to criticism from organizations such as DECO or ACP, Via Verde’s president also said in statements for News by the minutethat the company does not see itself in them.

DECO accused the company of “abuse of exclusivity”, arguing that “consumers continue to suffer from new prices and a lack of alternatives in the automatic toll market”, can be read in Note published on the website of the Association for the Protection of Consumer Rights.

Faced with this criticism, Eduardo Ramos says that “there are other options for paying tolls, there are other alternatives, whether from domestic suppliers or from foreign suppliers. The effectiveness of your services is actually the greatest playerwhich works with very competitive prices for the ecosystem. We do not see ourselves in these statements and, moreover, nothing changes there. The price does not move there. “

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For its part, the ACP announced, last week, which has activated judicial and legal means with the aim of “restoring normality” of the subscription to the Via Verde service, in connection with the change in the general terms of subscription to this service that was sent to users.

The President of Via Verde does not hide that “I was completely surprised that we received this statement a few days ago,” adding that “there are many ACP customers who are also Via Verde customers. We were just working on a cross-offer based on this configuration of the Via Verde offer to ACP customers. “

Read also: Via Verde accuses ACP of not knowing about reconfiguring its proposal

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Lagarde Cuts ECB Chief Economist Interventions During Monetary Policy Meetings – Monetary Policy



Lagarde Cuts ECB Chief Economist Interventions During Monetary Policy Meetings - Monetary Policy

European Central Bank (ECB) President Christine Lagarde wants more votes to be given to all national central bank governors on the institution’s board during monetary policy meetings, reducing the intervention of the chief economist. and executive committee members at meetings, Reuters reported, citing six people close to the matter.

The British agency claims that Lagarde asked Philip Lane, the central bank’s chief economist, and Isabelle Schnabel, a member of the institution’s “executive board”, to limit their intervention and leave more room for those in charge of the central banks of the 19 eurozone countries. can comment on monetary policy in the region.

Lagarde decided to limit board presentations to 20 pages and asked staff to finish their seminars by lunchtime on the first day of the long-awaited ECB monetary policy meetings.

Also, these meetings now start on Wednesday mornings instead of the usual afternoons. In turn, Thursday’s session starts half an hour earlier to give more room for debate.

According to the same sources, these rules have already been applied at the last meeting on monetary policy, which took place on 14 April.

Lane’s presentations and proposals take center stage at the ECB’s membership meetings, which include an informal Wednesday night dinner attended by 19 ECB governors and six board members.

Until these rules were enforced, there were meetings where Lane’s presentations exceeded 60 pages, limiting the time for debate between the 19 eurozone governors.

As for Schnabel, these new rules are only preventive in nature, since, according to the same sources, his appearances are “relatively short”.

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“Philip has a huge presence [nestas reuniões]it’s good to balance [a sua posição com a dos governadores] “, one of the sources concluded.

The Council of the European Central Bank will meet on June 9 to discuss monetary policy in the euro area, while markets and the institution’s own members, including Lagarde, point to an interest rate hike already underway. end of the asset purchase program.

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Lisbon leads in Europe. Altri jumped 10% to a three-year high



Lisbon leads in Europe.  Altri jumped 10% to a three-year high

The Lisbon Stock Exchange ended the session at the top of the European green tide, with the most impressive gains in the block.

PSI ended the day up 1.61% to 5,834.03 points. Altri led the gains, climbing 9.94% to €5.36 after rising more than 13% during the session to break April 2019 highs.

The paper mill benefited from an increase in the “target” of Greenvolt, a company partially owned by Altri, on JB Capital Markets from 7.2 euros to 8 euros. The renewable energy company led by Manso Neto also reacted sharply to the change, raising prices by 4.74% to 6.85 euros.

The company, headed by Soares de Pina, was also helped by the fact that the shares of the paper company went on ex-dividend on Tuesday, which “attracted investors who wanted to receive shares [da Altri] without budget implications,” explained Stephen Santos, analyst at Banco de Investimento Global (BiG).

“Those who bought so far were entitled to receive dividends, but this is income subject to taxation (tax impact),” justifies the specialist contacted by Negosios.

The paper maker was followed by BCP, which ended the session up 6.91% to €0.1640 after the bank, led by Miguel Maia, posted a post-session Monday profit of €113 million in the first quarter, up 95% more than during the same period. period last year.

The bank is also monitoring the sector in Europe, taking advantage of the expectations of interest rate hikes in the eurozone as early as July.

Still among paper producers, Semapa closed the day up 2.61% to EUR 14.16, while Navigator rose 2.50% to EUR 4.09.

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In retail, the session ended mixed, with Jerónimo Martins adding 0.11% to €18.81 and Sonae adding 1.85% to €1.02.

In turn, in the energy sector, Galp followed the growth of oil in the international market and rose by 2.29% to 10.70 euros, while EDP added 0.76% to 4.48 euros, and renewables shares rose by 1.12% up to 20.74 euros.

In terms of losses, REN led the table, falling 4.59% to 2.81 euros, as the energy company began discounting dividends on Tuesday. The company will pay a dividend of €0.154 on 19 May.

(news updated at 16:54 with quotes)

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Sonae IM sells Thales the cybersecurity holding company that controls S21sec and Excellium – Tecnologias



Sonae IM sells Thales the cybersecurity holding company that controls S21sec and Excellium - Tecnologias

Sonaecom announced that, through its subsidiary Sonae Investment Management (Sonae IM), it has reached an agreement with Thales Europe to sell the company’s entire share capital and voting rights to Maxive-Cybersecurity. The information was disclosed on Tuesday to the Securities Market Commission (CMVM).

“The deal has an enterprise value target of €120 million and is estimated to have a positive impact on Sonaecom’s consolidated results of around €63 million,” the statement said. “These amounts may vary depending on the effective date of the transaction and the relevant financial performance of Maxive and its subsidiaries at that time,” it explains.

Maxive is the holding company that controls two cybersecurity companies, S21sec and Excelliumm. In a press release about this acquisition, S21sec notes that with this acquisition it will be able to “expand its footprint in Europe”, noting that the deal “represents an opportunity for S21sec to continue its history of cybersecurity innovation and leadership within an organization entirely dedicated to digital and Technological Innovation, Connectivity, Big Data, AI Cybersecurity, Quantum Technology and Defense.”

“We are thrilled to launch this new era in S21sec at Thales Group as we believe this operation will enable us to develop the skills, know-how, experience and services of S21sec globally,” says Agustín Muñoz-Grandes, CEO of S21sec, says in the statement. “S21sec customers will benefit from the complementary and complementary capabilities that Thales has already developed across its cybersecurity division, always targeting mission-critical business and community organizations.”

“The acquisition of Maxive Cybersecurity reinforces our cybersecurity leadership in today’s ever-expanding cyberthreat landscape. We are excited to welcome the Maxive Cybersecurity teams and further strengthen our global cybersecurity capabilities to provide solutions that deliver ever-increasing performance for our customers,” adds Philippe Kerrier, Thales EVP of Strategy, Research and Technology.

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“As the majority shareholder of the company, we have helped S21sec more than triple its annual revenue based on its history of innovation and experience, which has helped it become one of the leading MSSP companies in Europe,” says Carlos Alberto Silva, Managing Partner at Sonae Investment Management. “The acquisition of Thales Maxive Cybersecurity is the perfect culmination for S21sec as a company as it incorporates Thales’ cybersecurity capabilities while continuing to offer its customers a long-term service with enhanced capabilities across its entire portfolio,” adds Simon Church, CEO of Maximum Cybersecurity.

Thales employs 10,000 programmers and 5,000 IT and cybersecurity engineers in 60 countries. 546 Maxive Cybersecurity professionals based in Portugal, Spain, Luxembourg and Belgium will be integrated into Thales’ more than 2,000 cybersecurity employees.

The statement sent to CMVM clarified that completion of the transaction is subject to verification of the usual terms for such an agreement, including regulatory approval, which is expected to occur before November 30, 2022.

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