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 employees¹. 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.

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. ==Organization== Currently, Sonae has an organizational structure separated by different business areas, which include the following subholdings: MC MC is the leader in the Portuguese food retail market. It has 1,411 stores, comprising the brands: Arenal, Bagga, Continente, Continente Bom Dia, Continente Modelo, Continente Online, Dr. Wells, Elergone Energias, Go Natural, Meu Super, Note!, Wells and Zu. Zeitreel Zeitreel is the largest Portuguese fashion group, responsible for Sonae's specialized retail area in sports and clothing. Its portfolio includes the brands Salsa (jeans, clothing, and accessories), MO (clothing, footwear, and accessories), Zippy (baby and child clothing, footwear, and accessories), and Losan (specialized in wholesale children's clothing with an international presence). Worten An omnichannel retail company focusing on appliances and electronics with a total of 276 physical stores. It also has an online presence, complemented by the expansion of its marketplace. It includes the brands Worten, Worten Mobile, and Worten Resolve. Universo Universo is the business unit coordinating the financial services offered by Sonae companies. This segment includes the Universo Card (Payments, Card, Personal Credit, and Insurance), the Cartão Dá (meal card, gift, and rewards), Universo Flex (financing for online purchases), MoneyGram, and in-store credit services. Bright Pixel Bright Pixel Capital has an active portfolio management strategy, aiming to create and manage a set of technology companies related to retail, telecommunications, and cybersecurity. Its portfolio includes WeDo Technologies, Bizdirect, S21 Sec, Inovretail. Sonae Sierra Sierra operates in the real estate sector. Sonae owns 100% of Sonae Sierra's capital. NOS NOS is a telecommunications and entertainment group offering a telecommunications services to all market segments: personal, residential, business, and wholesale. It has a prominent position in subscription TV services, next-generation broadband services, telephony, and film distribution in Portugal. Sonae holds 37.4% of NOS's capital. ==See also== Belmiro de Azevedo Modelo Continente Sonae Indústria ==References==

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