
"Faderco" Promotes Algerian Industry in London
Aims to double its production of sanitary paper.

Algeria and Italy are moving towards expanding cooperation in the agricultural sector, from supplying equipment to establishing integrated production and industrial projects, led by the 'BF' Group project in Timimoun with an investment value of nearly 420 million euros. The company is preparing to start a new wheat planting in October, targeting the reclamation of about 24 hectares out of a total of 36 hectares included in the initiative. Bruno Santorelli, General Director of 'BF Algeria' project, told the Italian news agency 'Nova' that the joint venture, established in 2024 between the Italian 'BF' Group and the Algerian National Investment Fund with shares of 51 percent and 49 percent respectively, has entered its second agricultural season, confirming its progress according to the schedule.

Aims to double its production of sanitary paper.

Exclusion of companies exceeding a turnover of 2 billion dinars during 2025, calculating 8% on the total tax increases, not just the rights. Voluntary settlement does not replace legal tax declarations. The General Directorate of Taxes has resolved several issues related to the application of the exceptional voluntary tax settlement system, clarifying the cases that can benefit from the unified exemption tax estimated at 8%, and those that remain subject to ordinary tax rules, emphasizing that full payment of this tax before December 31, 2026, will result in the cancellation of the tax assessment table issued following the work...

Algeria - The Director General of the Algerian Investment Promotion Agency, Omar Rakash, presented in Geneva (Switzerland) the investment opportunities offered by the Algerian economy during an information day dedicated to introducing the business climate in Algeria and attracting investors from the national community residing in Switzerland, as stated today, Wednesday, in a statement from the agency.
News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.