“Asad Algeria Batteries” Studies Opening Its Capital Through the Algerian Stock Exchange

The company “Asad Algeria Batteries”, specialized in the manufacturing and distribution of vehicle batteries, is studying the opening of its capital through the Algerian Stock Exchange as part of a project to develop its activity and increase its production capacity to one million batteries annually, alongside the establishment of a battery recycling plant and the recovery of raw materials. This came during a meeting held by the unified window of the financial market under the Commission for the Regulation and Monitoring of Stock Exchange Operations “COSOB”, dedicated to studying the request submitted by the Tunisian group “Asad” to list its Algerian branch “Asad Algeria Batteries” on the Algerian Stock Exchange, according to a statement from the commission. Watch the full content on Echourouk Online.