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Sonae
Sonae is a multinational business group headquartered in Maia, Portugal. It operates in 90 countries, working in various sectors, among which retail (food, electronics, and fashion), real estate, media and telecommunications, technology investments, and financial services stand out. It is the largest private employer in Portugal, with a total of 48,222 employees. On February 17, 2022, the company's CEO, Cláudia Azevedo, announced a restructuring of the company's image and its respective subsidiaries. Sonae is listed on the Euronext PSI-20 in Lisbon, with the code SON. 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 panels. During the first two decades of existence, Sonae remained a ...
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Sonae Indústria
Sonae Indústria is a manufacturer of engineered wood products, founded and headquartered in Maia, Portugal. Present in five countries within three continents, Sonae Indústria has a wide range of products, from simple board to complete construction systems, a large range of wood-based products and materials for furniture, construction and decoration. Sonae Indústria worldwide Founded and headquartered in Maia Municipality, Maia, Portugal, Sonae Indústria is in five countries within three continents, offering a wide range of products, from simple board to complete construction systems, a large range of wood-based products and materials for furniture, construction and decoration. Canada Sonae Indústria is present in Canada by its subsidiary Tafisa Canada in Lac-Mégantic, Quebec, since 1995 as an investment of Tableros de Fibras, S.A., later acquired by the Sonae Indústria Group Since 2003, it became the first member of the Composite Panel Association (CPA) and producer of pa ...
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Sonae IM
Sonae is a multinational business group headquartered in Maia, Portugal. It operates in 90 countries, working in various sectors, among which retail (food, electronics, and fashion), real estate, media and telecommunications, technology investments, and financial services stand out. It is the largest private employer in Portugal, with a total of 48,222 employees. On February 17, 2022, the company's CEO, Cláudia Azevedo, announced a restructuring of the company's image and its respective subsidiaries. Sonae is listed on the Euronext PSI-20 in Lisbon, with the code SON. History Sonae was founded in 1959 by the entrepreneur, banker and patron from 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 panels. During the first two decades of existence, Sonae remained as a small to medi ...
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Paulo De Azevedo
Duarte Paulo Teixeira de Azevedo (Porto, 31 December 1965), is since 2000 chairman of Sonaecom, son and successor of the founder of the business empire Sonae, Belmiro de Azevedo, former chairman of the Board of Directors of the company. Paulo de Azevedo in 2007 assumed the leadership of the Sonae Group, succeeding his father. Early life and education De Azevedo completed his secondary education at Malvern College in England and later a degree in chemical engineering, like his father, at the Ecole Polytechnique Federale de Lausanne, in Lausanne, Switzerland. He later received a Master's degree in management and administration at the University of Porto and postgraduate training programs for executives. Career In 2000, de Azevedo founded Portugal's third mobile operator, Optimus, starting to manage his own projects. He is currently Sonaecom chief executive with functions in the parent company Sonae SGPS and non-executive director in Sonae Industria. Sonae is one of the l ...
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Modelo Continente
Continente is a retail chain that belongs to Sonae Distribuição, the largest retailer in Portugal. The hypermarket Continente chain is spread all over continental Portugal as well as on Madeira and in the Azores. The supermarket chain Continente Modelo, formerly named just Modelo, also has 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 Spanish operation of the French retailer Promodès, known by the ensign Continent elsewhere. Thus, it was part-owned by its French competitor, Carrefour, who sold their stake to Sonae for €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, which was later purchased by Carrefour. The ...
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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), and 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 tailor's son from Marco de Canaveses, earned 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 Magalhães ...
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Optimus Comunicações
Optimus Comunicações, S.A. was a Portugal, Portuguese GSM/UMTS/LTE (telecommunication), LTE mobile operator. As of 16 May 2014, Optimus was merged with ZON Multimédia and formed a new company called NOS (Portuguese media company), 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 Meo (mobile phone company), TMN and Vodafone Portugal, Telecel, now a subsidiary of the Vodafone, 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 Conti ...
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Maia, Portugal
Maia (), officially Maia Borough (), is a municipality in the Porto Metropolitan Area), '' Grande Porto'' subregion, in Norte Region, Portugal. It is located 11 km north of central Porto. The population in 2011 was 135,306, in an area of . There is one city ( Cidade da Maia) and three towns (Moreira, Castêlo da Maia and Águas Santas) in the municipality. History The area of the current municipality (''concelho'') has been inhabited for millennia, with human occupation dating back to the Paleolithic period. In the many hills of the region, remains of villages from the Iron Age have been found. Attracted by the rich soil and abundance of resources, the Romans also left visible marks of their occupation in the area. In the middle of the thirteenth century, the Lands of Maia (''Terras da Maia'') extended from the city of Porto to the Ave river and from the sea to the mountains. In 1304 the Lands of Maia were incorporated into those of Porto, losing its political and administr ...
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PSI-20
The PSI-20 (an acronym of Portuguese Stock Index) is a benchmark stock market index of companies that trade on Euronext Lisbon, the main stock exchange of Portugal. The index tracks the prices of the twenty listings with the largest market capitalisation and share turnover in the PSI Geral, the general stock market of the Lisbon exchange. It is one of the main national indices of the pan-European stock exchange group Euronext alongside Brussels' BEL20, Paris's CAC 40 and Amsterdam's AEX. On August 12, 2021 index has been renamed from PSI-20 to PSI. History The PSI-20 was initiated on 31 December 1992 with a base value of 3,000 index points. The index experienced considerably more volatility than the world's main financial markets between 1998 and 2000, caused by uncertainty in the world's emerging markets: a sharp increase of over 50% in the PSI-20's value in the first four months of 1998 was followed by a decline of similar magnitude between July and October of that year. An ...
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NOS (Portuguese Media Company)
NOS, holding company, SGPS S.A. is a Portuguese Telecommunications company, telecommunications and Mass media, media company which provides mobile telephony, mobile and landline, fixed telephony, cable television, satellite television and internet. The company resulted from the merger in 2013 of two of the country's major telecommunications companies: Zon Multimédia (formerly known as PT Multimédia, a spun-off media arm of Portugal Telecom) and Sonae's Optimus Telecommunications, NOS owns Pay TV, premium movie channels TVCine and has a 25% stake in the Sport TV television network. It also operates 6 thematic channels with Dreamia, a joint venture with AMC Networks International Southern Europe. NOS Audiovisuais (formerly ZON Lusomundo) is a home-video and cinema film distributor and operates Cinemas NOS, the largest cinema chain of Portugal. History NOS was founded as TVCabo in 1994, becoming the third cable operator founded in Portugal (the first was the regional Cabo TV Mad ...
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Matosinhos
Matosinhos () is a City#Portugal, city and a Concelho, municipality in the district of Porto District, Porto in Portugal. The municipality covers an area of approximately and had 172,557 inhabitants in 2021. It is bordered by the municipalities of Porto to the south, Maia, Portugal, Maia to the east and Vila do Conde to the north and the Atlantic Ocean lies to its west. It is a part of the Porto metropolitan area, the second largest urban area in Portugal. The city of Matosinhos is the seat of the municipality and it is located at the mouth of the Leça River, only away from Porto's city center. It comprises the parish of Matosinhos e Leça da Palmeira, Matosinhos and Leça da Palmeira, which had 49,034 inhabitants in 2021. There are two other cities within the municipality, São Mamede de Infesta and Senhora da Hora, in the east of the municipality. History Origins and roman era The oldest traces of human settlement in this territory extend back thousands of years and include ...
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Portuguese Companies Established In 1959
Portuguese may refer to: * anything of, from, or related to the country and nation of Portugal ** Portuguese cuisine, traditional foods ** Portuguese language, a Romance language *** Portuguese dialects, variants of the Portuguese language ** Portuguese man o' war, a dangerous marine animal ** Portuguese people, an ethnic group See also * * ''Sonnets from the Portuguese'' * "A Portuguesa", the national anthem of Portugal * Lusofonia * Lusitania Lusitania (; ) was an ancient Iberian Roman province encompassing most of modern-day Portugal (south of the Douro River) and a large portion of western Spain (the present Extremadura and Province of Salamanca). Romans named the region after th ... * {{disambiguation Language and nationality disambiguation pages ...
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