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The competition authority is suing Portugal’s electricity giant EDP for €140 million for damages to the electricity system and final customers by abusing its position of dominance in the market. [...]

Sonaecom, SGPS’s subsidiary Sonae Investment Management – Software and Technology (Sonae IM) as investor in the FCR Armilar Ventures Partners II fund, will receive €57 million net at the [...]

Portuguese multinational Sonae’s profits more than doubled from €9 million to €21 million in the first quarter of 2018 compared to the same period in 2017. The 8.7% increase is largely down to [...]