The Portuguese competition authority has officially announced the formation of a joint venture between two companies, INSCO and MODALFA. This collaboration aims to enhance their market presence and operational efficiency.

Details regarding the specific objectives and scope of the joint venture have not been disclosed, but it is expected to foster innovation and competitiveness in the relevant industry.

The announcement was published in major Portuguese newspapers, Público and Jornal de Negócios, highlighting the importance of this development in the business landscape.