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Sonae SGPS
Sonae is a multinational business group based in Maia, Porto District, Portugal. It is present in 90 countries, operating in several sectors, including retail, financial services, shopping centres management, software and information systems, media and telecommunication It is the largest private employer in Portugal, with 53,794 employee Sonae is listed on the Euronext PSI-20 in Lisbon, under the code SO In the first quarter of 2018, Sonae's turnover amounted to 2,680 million euros, with net results in the order of 98 million euros, more 34.2% than the same period last yea History Sonae was founded in 1959 by the entrepreneur, banker and patron from Arouca, Portugal, Arouca, Afonso Pinto de Magalhães. The business group originated from the Sociedade Nacional de Estratificados, an industrial company operating in the area of processed wood, more specifically, in the production of decorative high-pressure laminated panelDuring the first two decades of existence, Sona ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Corporation
A joint-stock company is a business entity in which shares of the company's stock In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ... can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are common ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lisbon
Lisbon (; pt, Lisboa ) is the capital and largest city of Portugal, with an estimated population of 544,851 within its administrative limits in an area of 100.05 km2. Grande Lisboa, Lisbon's urban area extends beyond the city's administrative limits with a population of around 2.7 million people, being the List of urban areas of the European Union, 11th-most populous urban area in the European Union.Demographia: World Urban Areas - demographia.com, 06.2021 About 3 million people live in the Lisbon metropolitan area, making it the third largest metropolitan area in the Iberian Peninsula, after Madrid and Barcelona. It represents approximately 27% of the country's population. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Continente Modelo
Continente is a Chain store, retail chain that belongs to Sonae, Sonae Distribuição, the largest retailer in Portugal. The hypermarket Continente chain is in spread all over continental Portugal as well on Madeira and in Azores, the Azores. The supermarket chain Continente Modelo, formerly named just Modelo, has also a nationwide presence. Sonae Distribuição, SGPS, SA, is a subsidiary company of Sonae SGPS. History Sonae Distribuição started in 1985 by the merger of two large retailers, Modelo and Continente. Modelo was owned by the Sonae holding, while Continente was the Portuguese and Spain, Spanish operation of the French retailer Promodès, known by the ensign Continent elsewhere. Thus, it was part-owned by its France, French competitor, Carrefour, who sold their stake to Sonae for euro, €345 million on 16 November 2004. In 2008, Carrefour sold its Portuguese retail ventures existing under the Carrefour ensign to Sonae. Continente used to have one branch in Dubai, wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Continente
Continente is a Chain store, retail chain that belongs to Sonae, Sonae Distribuição, the largest retailer in Portugal. The hypermarket Continente chain is in spread all over continental Portugal as well on Madeira and in Azores, the Azores. The supermarket chain Continente Modelo, formerly named just Modelo, has also a nationwide presence. Sonae Distribuição, SGPS, SA, is a subsidiary company of Sonae SGPS. History Sonae Distribuição started in 1985 by the merger of two large retailers, Modelo and Continente. Modelo was owned by the Sonae holding, while Continente was the Portuguese and Spain, Spanish operation of the French retailer Promodès, known by the ensign Continent elsewhere. Thus, it was part-owned by its France, French competitor, Carrefour, who sold their stake to Sonae for euro, €345 million on 16 November 2004. In 2008, Carrefour sold its Portuguese retail ventures existing under the Carrefour ensign to Sonae. Continente used to have one branch in Dubai, wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Optimus Comunicações
Optimus Comunicações, S.A. was a Portuguese GSM/UMTS/ LTE mobile operator. As of 16 May 2014, Optimus was merged with ZON Multimédia and formed a new company called NOS. Optimus was a wholly owned subsidiary of Sonaecom (a sub-holding of Portuguese conglomerate Sonae). History 1998-1999 Optimus operations started on 15 September 1998, against the two longer-established operators TMN and Telecel, now a subsidiary of the Vodafone Group. The start was preceded by an intense and original advertising campaign. The company found a way to bring in customers with the creation of a statute called Pioneiros (Pioneers), where pre-registered customers could make low-cost calls for life, just 5 escudos (0.025 Euro) per minute to other Optimus customers—a fraction of then current mobile tariffs. The campaign also benefitted enormously by parent Sonae owning the Continente chain of hypermarkets, thus reaching mass-market at a cost-effective rate. Optimus' prefix was 93. Numbers were 10 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tafisa
The Association For International Sport for All (TAFISA) is an international non-profit sport for all organisation which aims to bring joy, health, social interaction, integration and development to communities and citizens around the globe through the promotion of sport for all and physical activity. TAFISA counts over 100,000 members in more than 230 countries on all continents. The organisation actively cooperates with other global change-makers, including the UN, WHO, UNESCO, the IOC, ICSSPE and others, in its mission to create a better world. History TAFISA began in the 1960s as the semi regular gathering of international but individual personalities and leaders interested and working in the field of sport for all, under the title Trim and Fitness. At the time, sport for all was a little known concept. In 1991, the organisation TAFISA, Trim And Fitness International Sport for All Association, was officially formed and its statues registered with the law courts of Frankfur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Matosinhos
Matosinhos, Porto, Portugal () is a city and a municipality in the northern Porto district of Portugal, bordered in the south by the city of Porto (8 km from the city centre). The population in 2011 was 175,478, and covered an area of approximately . The urban centre, the city proper, had a population of 45,703 in 2001. History The oldest vestige of human settlement in this territory extend back thousands of years and include instruments and Paleolithic artefacts, collected along the old beaches (specifically Boa Nova and Almeiriga). The settlement of the land began sometime 5000 years ago, during the Neolithic, as evidenced from various funeral monuments and dolmens sporadically situated in Lavra, Perafita, Leça do Balio, Santa Cruz do Bispo, Guifões and São Gens. At the end of the Bronze Age, much like most of the northwest peninsula, settlements expanded into proto-urban agglomerations at high altitudes ( castros), associated with a culture with specific character ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hypermarket
A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise. In theory, hypermarkets allow customers to satisfy all their routine shopping needs in one trip. The term ''hypermarket'' (french: hypermarché) was coined in 1968 by French trade expert Jacques Pictet. Hypermarkets, like other big-box stores, typically have business models focusing on high-volume, low-margin sales. Typically covering an area of , they generally have more than 200,000 different brands of merchandise available at any one time. Because of their large footprints, many hypermarkets choose suburban or out-of-town locations that are easily accessible by automobile. History Canada Loblaws established its Real Canadian Superstore chain in 1979. It sells mainly groceries, while also re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lisbon Stock Exchange
Euronext Lisbon is a stock exchange in Lisbon, Portugal. It is part of Euronext pan-European exchange. Euronext Lisbon trades equities, public and private bonds, participation bonds, warrants, corporate warrants, investment trust units, and exchange traded funds. The BVL General index is the exchanges official index, and includes all listed shares on the official market. Settlement is T+2. Derivatives include long-term interest rate futures, three-month Lisbor futures, stock index futures and options on the PSI-20 Stock index, and Portuguese stock futures. Trading hours are 8 a.m. to 4:30 p.m., Monday through Friday. History The predecessor of the ''Bolsa de Valores de Lisboa'' (Lisbon Stock Exchange) was created in 1769 as the ''Assembleia dos Homens de Negócio'' (Assembly of Businessmen) in the Commerce Square, Lisbon downtown. In 1891, the ''Bolsa de Valores do Porto'' (Oporto Stock Exchange) in Oporto was founded. After the military coup on April 25, 1974, both the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belmiro De Azevedo
Belmiro Mendes de Azevedo (17 February 1938 – 29 November 2017) was a Portuguese entrepreneur, ranked by Forbes as the 605th richest person in the world (2008), as well as the 3rd richest in Portugal, with an estimated wealth of US$ 2 billion. He owned a controlling stake in Sonae SGPS, one of the largest business groups in Portugal, which also operates in Spain, Greece, Germany, Italy, Turkey and Brazil. Sonae is a Portuguese leader in real estate and retailing and also has investments in telecommunications, tourism, venture capital, and the media. In 2006, Sonae launched an unsuccessful hostile bid to control Portugal Telecom (PT), the number one Portuguese telecommunications operator. Azevedo, a carpenter and a tailor's son from Marco de Canaveses, had a degree in chemical engineering from the University of Porto and an MBA from Harvard University. Azevedo's shares were acquired to the estate of late banker Afonso Pinto de Magalhães who, through his bank Banco Pinto de Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reprivatization
Reprivatization refers to the process of restoring properties seized or otherwise nationalized from privately held owners by a government to privately held status. This may include returning seized property or compensating uncompensated former owners, or reprivatizing state held enterprises to new owners, especially banks, which were privately founded but came under state control due to economic crisis or other factors. The latter scenario is sometimes referred to as privatization, though scholars have specifically referred to the sale of nationalized Mexican and Korean banks to private shareholders as reprivatization. The terms reprivatization and privatization are sometimes used to describe similar processes. The term privatization is more often used to describe the transfer of property under long-term government control to private owners, while reprivatization implies the property being returned to privately held status came under government control on a circumstantial basis. Bot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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