- CEO
- Luís Maria Viana Palha da Silva
- Full Time Employees
- 11
- Sector
- Communications
- Industry
- Wireless telecommunications
- Address
- Rua Gorgel do Amaral, No. 4 Lisbon LI Portugal 1250-119
- IPO Date
- Jun 1, 1995
- Business
- Pharol, SGPS S.A. holds investments in debt instruments of Rio Forte Investments S.A., financial portfolios comprising shares and bonds of listed companies, and a minimal stake of 0.02% in Oi S.A.; it provides no direct telecommunications services but derives exposure through these assets including receivables from Rio Forte bankruptcy proceedings valued at 51.9 million euros, investment portfolios totaling 27.4 million euros, and cash equivalents of 15 million euros. The company, founded in 1994 and headquartered in Lisbon, Portugal, operates primarily in the financial holding sector with geographic focus on Europe including Luxembourg courts for litigation and Brazil via Oi exposure; subsidiaries include Bratel BV, Bratel Brasil S.A., PTB2 S.A., and Pharol Brasil. In recent developments, Pharol reported positive net income of 2.12 million euros for the first half of 2025 driven by tax refunds of 2.4 million euros and financial gains; Burlington Loan Management DAC increased its stake to 19.56% of share capital in June 2025 with voting rights capped at 10%; the company continues divesting Oi shares per its asset rotation strategy reducing the stake to 0.02%, approved 2024 results at its March 2025 general meeting, and explores diversification investments amid strengthened equity of 94.3 million euros.