Oureanafin group
: Oureanafin and the struggle against bankruptcy

  • Mariana Gonçalves Paiva (Student)

Student thesis: Master's Thesis


This document is divided into three main parts: the case study, the literature review and the teaching notes. The first part describes a real case of a group of Portuguese companies (Oureanafin), operating mainly in the construction sector, from the moment of its creation until the moment it started to face financial problems. Facing the impact of the global financial crisis and the enormous repercussions in the construction sector, and after the second court proceedings initiated by a creditor for lack of payment, in 2011 the largest company in the group - Aquino Construções, S.A. - filed for bankruptcy. As a snowball, and because they depended financially from Aquino, the other two major companies in the group (Casur Construções, S.A. and Tresa - Construções do Algarve, S.A.) found themselves in a rather fragile economic situation which forced them to "reinvent" their business. It is with this aim that the Group's management team meets in December 2011, discussing all possible options to overcome this difficult period. The literature review section describes the models and theories developed by various authors that are crucial in the analysis of this case and the questions placed at the end of the case study. The third section incorporates the author's proposal for possible (but not exhaustive) answers to the questions proposed for class discussion.
Date of Award28 Oct 2015
Original languageEnglish
Awarding Institution
  • Universidade Católica Portuguesa
SupervisorNuno Cardeal (Supervisor)


  • Mestrado em Gestão

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