It has 28,000 direct retail clients (among the largest of which is Sonae, a leading Portuguese retailer) and 1,839 employees.
After the plans for the so-called "Dortmund UFO" were dropped, a new investor was found in 2001 in the form of the Portuguese investment group Sonae Imobiliaria.
Sonae Imobiliária opened CascaiShopping in 1991 - the first regional shopping centre built in Portugal, and Centro Colombo in 1997 - the first super-regional shopping center and still the biggest in the Iberian Peninsula.
Sonae |
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.
Sonae Distribuição started in 1985 by the merger of two large retailers, Modelo and Continente.