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Ponta Delgada ,  March 28, 2012

Carlos César welcomes stability and entrepreneurial spirit of companies in difficult times

"The Government is satisfied with the companies that are able to maintain their stability as well as their entrepreneurial spirit in difficult economic conditions."

This statement was made by Carlos César in response to the announcement made by the Chairman of the Administration Board of Micaelense Tobacco Factor (FTM), Mário Fortuna - who was received at an audience held at the Sant'Ana Palace - regarding the intention to relocate the factory to the outskirts of Ponta Delgada and build a continued care facility on the factory grounds.

For the President of the Government, the projects developed by FTM reach over 16 million Euros and demonstrate a significant diversity. As these projects are of regional interest, they are entitled to be "supported by the Government through the allocation of incentives to economic activities."


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Official government press-releases presented in all foreign languages interfaces of the Azorean Government Portal (Portal do Governo dos Açores) are a sub-set of the government's official press-releases daily output and are chosen for translation and publication on the foreign language interfaces based on audience segmentation criteria. The entire collection of the Azorean government press-releases is available in portuguese, here, from the GACS Press Office site.

 
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