(Re)Financing in a capital intensive industry during economic crises

A Work Project, presented as part of the requirements for the Award of a Masters Degree in Management from the NOVA – School of Business and Economics

This case provides insight regarding how the survival of a company exercising its economic activity on a capital intensive industry, namely Cimpor – Cimentos de Portugal, SGPS, S.A., can be more affected during a financial/economic crisis than companies operating in non transformation sectors. Company performance positively correlated with the market and, the need for large amounts of debt capital required for survival, were key factors whenever a recession were in order. I will explore the factual evidence of such events, providing in the end a space for reflection through a set of questions concerning the approached subjects.