Sonae

Portugal

Sonae is a multinational company managing a diversified portfolio of businesses in retail, financial services, technology, real estate and telecommunications.

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Industries

  • Consumer Services
  • Diversified Financials
  • Retail
  • Telecommunication Services
  • Real World Assets

Sonae is a prominent Portuguese multinational company with a diversified portfolio spanning several sectors, including retail, telecommunications, real estate, financial services, and technology. The company is headquartered in Maia, Portugal.

In the retail sector, Sonae is a leader, especially through its various brands such as Continente and Worten, covering areas from food retail to electronics. Sonae's retail division operates under several brand names and has a significant number of stores across Portugal and beyond. They have a strong focus on omnichannel retailing, enhancing both physical and online consumer experiences.

The company's telecommunications segment is managed under NOS, a key player in Portugal offering a broad range of services like subscription TV, broadband, and telephony. Sonae holds a significant stake in NOS, emphasizing its influence in the telecom sector.

Real estate operations are conducted through Sonae Sierra, which manages an array of services from investment to asset management, largely focusing on sustainable practices and innovative project designs.

In addition to its core businesses, Sonae actively invests in technology through its Bright Pixel Capital, which supports a portfolio of companies in retail tech, cybersecurity, and telecommunications.

Sonae is also noted for its commitment to sustainability and community support. They have been working towards carbon neutrality by 2040 and actively support various community initiatives through substantial financial and product donations.

Overall, Sonae represents a significant economic force in Portugal, contributing to various sectors and continuously evolving to meet the needs of its global consumer base. For more detailed information, you can visit their official site here.