Sonae | Latest News & Updates - Dec 19, 2024 Release

On December 18, 2024, the Supreme Court of Appeal in South Africa heard an appeal involving Sonae Arauco (Pty) Ltd, where the high court had previously restrained Eskom and Mbombela Municipality from implementing loadshedding at Sonae's factory location...


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Sonae

🌎 sonae.pt

Sonae is a multinational company headquartered in Porto, Portugal, managing a diverse portfolio of businesses across various sectors including retail, financial services, telecommunications, technology, and real estate. The company aims to create a lasting positive impact on businesses, communities, and the planet, focusing on innovation and sustainability to shape a better future.


Sonae - Latest News and Updates

  • On December 18, 2024, the Supreme Court of Appeal in South Africa heard an appeal involving Sonae Arauco (Pty) Ltd, where the high court had previously restrained Eskom and Mbombela Municipality from implementing loadshedding at Sonae's factory location.
  • Sonae released their MarketWatch report for the third quarter of 2024, addressing private consumption and inflation dynamics in Portugal.
  • Sonae Sierra, in partnership with PGIM, is investing over 60 million euros in a luxury resort at Meia Praia, Lagos, set to begin construction early next year and open in 2027.
  • Sonae has integrated Disney+ into the App Cartão Continente, showcasing a successful collaboration between their teams.
  • Sonae Sierra, in partnership with Mastercard, launched a digital parking payment solution at Colombo and Vasco da Gama shopping centers in Lisbon.
  • Sonae hosted the Innovators Forum 2024 in Lisbon, focusing on circular design and innovation.
  • Isabel Barros, a Non-Executive Board Member at Sonae Indústria, was recognized as one of the 100 most influential Chief Sustainability Officers in Europe in the CSO Awards 2025.
  • Sonae's international brand MO has over 200 sales points in Europe, including more than 120 stores in Portugal.
  • On November 4th, Rita André transitioned from Sonae Holding to a new role at MO, a Sonae brand.

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