Abdelhakim Berrah, the president of Algerian stock market watchdog (Cosob)p, , has explained that the Tebessa, Chlef and Ain Kebira (Sétif) cement plants were chosen to be floated on the stock exchange due to their strong performance.
The Oued Sly (Chlef) plant has the largest production capacity of all plants in the country. In addition to this, all the plants are all entirely state-owned.
Between 2005 and 2008, the state opted to open up the capital of certain public cement plants to foreign investo
November 15, 2013
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Abdelhakim Berrah, the president of Algerian stock market watchdog (Cosob)p, , has explained that the Tebessa, Chlef and Ain Kebira (Sétif) cement plants were chosen to be floated on the stock exchange due to their strong performance.
The Oued Sly (Chlef) plant has the largest production capacity of all plants in the country. In addition to this, all the plants are all entirely state-owned.
Between 2005 and 2008, the state opted to open up the capital of certain public cement plants to foreign investors, and as such, 725 Lafarge has a stake in the Meftah plant with Saudi Arabian firm Pharaon Investment partly controlling the Béni-Saf plant and Egyptian company ASEC holding a stake in the Zahana (Mascara) plant. Italian group 1451 Buzzi Unicem has a stake in both the Sour El Ghozlane and Hadjar-Soud (Skikda) plants.
