Industrial production, factories, and manufacturing sector news
In the face of competitiveness and industrial sovereignty challenges, Europe and Algeria have the opportunity to build a Euro-Mediterranean economic space based on co-location, innovation, and the creation of shared value.
A few days after the state visit of President Abdelmadjid Tebboune to Germany, which sealed several strategic agreements between the two countries, particularly in the energy sector, a new illustration of this bilateral dynamism is confirmed in the automotive industry. The German manufacturer MAN Truck & Bus announces the restart of its CKD (Completely Knocked-Down) production in Algeria. This was announced by the manufacturer on its website.
Long known for its fertile agricultural plains, the municipality of Amizour, in the wilaya of Béjaïa, is undergoing a historic transformation. The launch of the mega zinc and lead mining project in Tala Hamza is redefining the local economy. Between opportunities for massive investments in subcontracting and major environmental or land challenges, a deep dive into a territory in full industrial transition.
The Volkswagen Group announced on Friday a nearly one-third drop in its net profits during the second quarter of the year, amid multiple challenges it faces, primarily fierce competition from Chinese companies and a slowdown in its performance in the Chinese market. The net profits for the three months ending in late June amounted to 1.54 billion euros ($1.75 billion), a decrease of 32.9% compared to the same period last year, according to the leading German automotive group. Profits were affected by expenses of 500 million euros due to the halt in production of the electric model ID.4 in the United States, along with what the company described as 'a range of negative impacts.'
Indeed, the document, prepared by the Secretariat for Commerce and International Relations (SCRI) with the support of the network of Brazilian agricultural attachés present in 38 countries, provides a detailed overview of the Algerian cotton-textile sector and confirms Brazil's rise as a strategic supplier for the national industry. Thus, the report highlights that the Algerian textile industry, organized around its spinning, weaving, and confection units, heavily relies on external sourcing to support its development. With a consumption...
Algeria - Minister of Industry, Yahia Beshir, received today, Wednesday, in Algiers, a delegation from the Republic of Chad, where the two parties discussed ways to accelerate and enhance industrial cooperation between the two countries, particularly through the realization of joint projects, foremost of which is the project to establish a cement plant in Chad in partnership with the 'GICA' group, according to a statement from the ministry.
Algeria - Energy and Renewable Energies Minister, Mourad Adjall, discussed today, Wednesday, with the Minister of Energy, Water, and Mines of the Republic of Benin, Edward Dahomi, ways to enhance bilateral cooperation in the energy sector, focusing on electricity, energy equipment manufacturing, and capacity building, according to a statement from the ministry.
The Minister of International Cooperation and Development of Public-Private Partnerships of the Republic of Congo, Denis Christel Sassou Nguesso, visited the pharmaceutical production unit 'Zemirli' belonging to the public group 'Saida', where he was briefed on the industrial capabilities of the group and discussed prospects for expanding bilateral cooperation in the pharmaceutical industry, particularly in the areas of industrial partnerships and exporting Algerian medicines to the Congolese market. He was received by the Chief of Staff of the Ministry of Pharmaceutical Industry, Fouad Ben Slimane, representing the Minister of Pharmaceutical Industry, Wassim Gouidri, along with the General Director of the 'Saida' group, Younes Bouarara, in the presence of officials from the ministry and the group. Read the full content on Echourouk Online...
The Minister of Industry, Yahia Bacheir, received a delegation from the Republic of Chad today, Wednesday, in Algiers, where the two parties discussed ways to accelerate and enhance industrial cooperation between the two countries, particularly through the realization of joint projects, foremost among them the project to construct a cement plant in Chad in partnership with the 'GICA' group, according to a statement from the ministry.
Professor of Economic Sciences, Hakim Bouharb, stated that the meeting chaired by the President of the Republic to follow up on structured projects in the mining and metallurgy sectors in Annaba and Béjaïa reflects the strong political will to continue pushing these strategic projects and accelerate their implementation.
The industrial sector of the Sonelgaz Group launched yesterday the shipment of 200 electric charging stations to Portugal, the first tranche of a contract for 450 units concluded with the Hong Kong company AURAS ITL.
The Minister of Industry, Yahia Bachir, and the Congolese Minister of Cooperation and Public-Private Partnership Promotion, Denis Christel Sassou Nguesso, visited the Société des ciments de la Mitidja (SCMI) in Meftah, a subsidiary of the "GICA" group, where Algerian capabilities in the field of construction materials production were presented, according to a statement from the ministry, relayed by APS.