Investor Signals

Algeria

# Actual Signal Date Investing Company Parent Company Revenue ( USD m) Employees Source country Source State Source City Destination Region(s) Destination Country(s) Industry Sector(s) Industry Cluster(s) Industry Activity(s) Description Signals Data source Contact name (1) Position (1) Email (1) Telephone (1) Contact name (2) Position (2) Email (2) Telephone (2) Contact name (3) Position (3) Email (3) Telephone (3)
1 Aug 2018 Minsk Automobile Plant (MAZ) Minsk Automobile Plant (MAZ) 354.39   Belarus Belarus Minsk   Algeria|Angola|Nigeria Automotive OEM Transport Equipment Manufacturing Belarus-based Minsk Automobile Plant, a manufacturer of trucks, buses,
and towed vehicles, has announced it is considering plans to set up an
assembly company in Algeria, Angola or Nigeria.
Considering Project (New or Expansion) https://www.elwatan.com/edition/economie/industrie-automobile-le-constructeur-maz-songe-a-creer-une-usine-en-algerie-26-08-2018 Anton Kozlovsky Head (Africa and Latin America), Export     Sergei Krel Deputy Manager, Sales            
2 Apr 2018 ExxonMobil ExxonMobil 237162 71200 United States Texas Irving (TX)   Algeria Coal, oil & gas Energy   US-based ExxonMobil, an oil company, is considering investing in
Algeria. The company has held talks with the country’s state owned
energy firm about investing into the country for the first time.
Considering Project (New or Expansion) https://www.reuters.com/article/us-algeria-energy/sonatrach-says-exxon-mobil-considering-investment-in-algeria-idUSKBN1HP2JE                        
3 Oct 2016 Tenneco Tenneco 9274 30000 United States Illinois Lake Forest (IL)   Algeria Automotive components Transport Equipment Manufacturing US-based Tenneco, a vehicle parts supplier, is considering establishing
a new suspension plant in Algeria.
Considering Project (New or Expansion)                          
4 Jul 2016 Pertamina Pertamina 4296 27318 Indonesia Java Jakarta   Algeria|Iran|Iraq Coal, oil & gas Energy   Indonesia-based Pertamina, an oil and gas company, plans to sign a
memorandum of understanding with the National Iranian Oil Company
regarding oil and gas processing. The firm has been studying
possibilities to cooperate with the country and also aims to establish
cooperation with Algeria and Iraq.
New Investment Strategy   Dwi Soetjipto President                    
5 Apr 2015 Dubai Islamic Insurance & Reinsurance Company (Aman) Dubai Islamic Insurance & Reinsurance Company (Aman) 52.1   UAE Dubai Dubai   Algeria|Egypt Financial services Financial Services   United Arab Emirates-based Dubai Islamic Insurance and Reinsurance
(AMAN) plans to expand in external markets with a particular focus on
Algeria and Egypt. The company expects to expand its Takaful market
presence as a priority initiative for 2015 and that moving forward is
bound by the completion of necessary studies.
New Investment Strategy   Jihad Faitrouni Chief Executive Officer                    
6 Oct 2014 Toyota Toyota Motor 262723 369124 Japan Chubu Toyota   Algeria|Morocco|Nigeria Automotive OEM Transport Equipment Manufacturing Toyota, a subsidiary of Japan-based Toyota Motor, is considering
establishing an automobile production facility in Africa. The company
has narrowed its search to Nigeria, Morocco and Algeria, all potential
locations for the plant.
Considering Project (New or Expansion)                          
7 Jul 2014 Kirloskar Brothers Kirloskar Brothers 357.36   India Maharashtra Pune   Algeria|Angola|Democratic Republic of Congo|Tunisia|Uganda|Zimbabwe Industrial equipment Industrial   India-based pump manufacturer Kirloskar Brothers has announced it plans
to expand its footprint into regions such as Tunisia, Algeria, Angola,
Uganda, Congo and Zimbabwe.
Considering Project (New or Expansion)   Ajeet Kulkarni Associate Vice President, Corporate International Business Support                    
8 May 2014 Dyson Dyson 4820 12000 United Kingdom South West (UK) Not Specified   Algeria|Egypt|Morocco|Nigeria Consumer electronics Consumer Goods   UK-based Dyson, a global vacuum cleaner manufacturer, plans to gain a
foothold in Nigeria, Morocco, Algeria and Egypt. The company intends to
invest further in R&D to expand its business in emerging markets.
Considering Project (New or Expansion)   Adam Garner Manager (International), Distribution                    
9 May 2014 Arabtec Holding Arabtec Holding 1320   UAE Dubai Dubai   Algeria|Iraq|Russia Real estate Construction   United Arab Emirates-based Arabtec Holding, a company that engages in
civil construction and related works, is considering expansion in Iraq,
Algeria and Russia. The company is looking to build on existing regional
projects in its home market and propel itself into the top 10
construction firms worldwide by 2018.
New Investment Strategy   Hassan Abdullah Ismaik Chief Executive Officer                    
10 May 2012 Repsol SA Repsol SA 49912.58 25580 Spain Comunidad de Madrid Madrid   Algeria|Bolivia|Brazil|Russia|Spain|United States|Venezuela Coal, oil & gas Energy   Spain-based oil giant Repsol has announced plans to invest E19.1bn by
2016 to develop recently discovered wells and in new explorations. The
company has identified key growth projects in Algeria, Brazil, Bolivia,
Russia, the US, Spain and Venezuela. Nearly 80% of the investments of
the group are destined for upstream and the company plans to pump
500,000 barrels of oil equivalent a day by 2016.
New Investment Strategy                          
11 Apr 2012 Polpharma Polpharma 546.69   Poland Poland Starogard Gdanski   Algeria|China Pharmaceuticals Life sciences   Poland based Polpharma, a manufacturer of drug products and active
pharmaceutical ingredients, has announced that it is eyeing expansion to
China and Algeria. The company is considering joint-venture projects
with SME pharmaceuticals producers from the two countries.
New Investment Strategy                          
12 Apr 2012 Inbisa Inbisa 46.62   Spain Pais Vasco Bilbao   Algeria|Angola|Colombia|Peru Real estate Construction   Spain-based Inbisa, a provider of property development solutions, is
exploring international expansion opportunities. The company has
identified Colombia and Peru as possible expansion targets in South
America and also plans to focus on Algeria and Angola, where Inbisa has
the potential to close out contracts in the short to medium term.
New Investment Strategy   Benito Barbadillo Head (International)                    
13 Mar 2012 Bim Birlesik Magazalar A S Bim Birlesik Magazalar A S 5979.717   Turkey Turkey Istanbul   Algeria Food & tobacco Food, Beverages & Tobacco|Retail Trade   Turkey-based BIM Birlesik Magazalar has announced the next market the
company would enter is Algeria. The company has also announced plans to
open retail stores in Egypt and expand it presence in Morocco. The
company’s stores offer food items and consumer goods.
New Investment Strategy   Galip AykaC Chief Operating Officer                    
14 Mar 2012 Sonae Sierra Sonae 6727.74 40738 Portugal Portugal Maia   Algeria|Colombia|Germany|Italy|Morocco Real estate Construction|Professional Services   Spanish property developer Sonae Sierra has announced that several
countries stand within its focus in 2012. It has highlighted Italy and
reiterated its interest in Germany. Further afield, the company would
like to actively explore further opportunities in Morocco, where it won
a contract in April 2011, as well as Colombia and Algeria where it is
already present.
Considering Project (New or Expansion)|New Investment Strategy   Fernando Guedes de Oliveira Chief Executive Officer, Sonae Sierra                    
15 Mar 2012 Ooredoo (Qatar Telecom) Ooredoo (Qatar Telecom) 8995.12 17000 Qatar Qatar Doha   Algeria|Iraq|Tunisia Communications ICT & Electronics   Qatar Telecom (Qtel), a Qatar-based provider of domestic and
international telecommunication services, is planning to expand its
operations organically in Tunisia, Algeria and Iraq. The company
believes that its mobile and fixed networks in these countries need
major investment. Qtel will also seek licences for third generation
mobile technology in these countries, with licences for Tunisia and
Algeria possibly being issued in 2012.
New Investment Strategy   Nasser Marafih Chief Executive Officer                    
16 Nov 2011 Misonix Misonix 14.44   United States New York Farmingdale (NY)   Algeria|India Medical devices Life sciences   US-based Misonix, a medical device company that designs, manufactures,
and markets ultrasonic products worldwide, has entered into distribution
agreements in both India and Algeria. In India, it has entered into a
four year agreement with Cure Surgicals, while in Algeria it has entered
into a two year agreement with Sarl Excellence Sante, both for the
distribution of the SonaStar ultrasonic surgical aspirator and the
BoneScalpel ultrasonic bone cutter.
New Investment Strategy   Michael A McManus Chief Executive Officer                    
17 Apr 2011 Kinetics Systems Kinetics Systems 0.13   United States California Santa Clara (CA)   Algeria     Construction US-based Kinetics Germany and Germany-based Centrotherm Photovoltaics
have signed an agreement with Sonelgaz, to build an integrated solar
module manufacturing facility in Rouiba, Algeria. When completed, the
43,000 sq m site will have an annual production capacity of around 116
megawatts. As part of this turnkey project, Kinetics will be responsible
for engineering services, construction management, the turnkey
production of the building, and the technical fittings for the building.
Centrotherm Photovoltaics will deliver all of the photovoltaic systems,
ranging from multi-crystalline ingot furnaces and ingot manufacturing
through to module production, and it will provide support to Sonelgaz
all the way through to system commissioning. The first high-performance
modules should be produced by 2014 at the plant.
New Overseas Supplier Contracts                          
18 Apr 2011 Centrotherm Photovoltaics Centrotherm Photovoltaics 729.7   Germany Baden-Wurttemberg Blaubeuren   Algeria Renewable energy Environmental Technology   Germany-based Centrotherm Photovoltaics and US-based Kinetics Germany
have signed an agreement with Sonelgaz, to build an integrated solar
module manufacturing facility in Rouiba, Algeria. When completed, the
43,000 sq m site will have an annual production capacity of around 116
megawatts. As part of this turnkey project, Centrotherm Photovoltaics
will deliver all of the photovoltaic systems, ranging from
multi-crystalline ingot furnaces and ingot manufacturing through to
module production, and it will provide support to Sonelgaz all the way
through to system commissioning. Kinetics will be responsible for
engineering services, construction management, the turnkey production of
the building, and the technical fittings for the building. The first
high-performance modules should be produced by 2014 at the plant.
New Overseas Supplier Contracts   Robert M. Hartung Chief Executive Officer                    
19 Jan 2011 Volkswagen Volkswagen 264737.32 664500 Germany Niedersachsen Wolfsburg   Algeria Automotive components|Automotive OEM Transport Equipment   It has been reported by Algerian country officials that German car
company Volkswagen is interested in investing in the local auto sector.
It is also hinted that Algeria could be used as an export hub for other
African markets by Volkswagen. This could be only one of the steps the
company is doing to become the world’s number one manufacturer by 2018.
Considering Project (New or Expansion)                          
20 Dec 2010 Isolux Corsan Isolux Corsan 123.694773 8000 Spain Comunidad de Madrid Madrid   Algeria|Brazil|France|Greece|India|Mexico|Morocco|United States Renewable energy Environmental Technology Electricity Spanish construction company Isolux Corsan plans to globalise its
activity overseas as a leading independent power producer. The company
is specifically eyeing countries such as Algeria, Morocco, Greece,
France, the US, India, Mexico and Brazil.
Considering Project (New or Expansion)                          
21 Dec 2010 Mediobanca Mediobanca 2112.73   Italy Lombardia Milan   Algeria Financial services Financial Services Business Services Italy-based Mediobanca has announced it may open a representative office
in Algiers, Algeria. The company offers retail banking services,
including current accounts, loans and investment management for both
commerical and public clients.
Considering Project (New or Expansion)                          
22 Dec 2010 Technip Technip 10.47   France Ile-de-France Paris   Algeria Coal, oil & gas Energy   France-based Technip, an operator of gas and oil engineering,
technologies and projects, has been awarded a $908m contract by
Sonatrach, the Algerian national oil company for the refurbishment and
revamping of the Algiers refinery to increase capacity from 2.7 to 3.6
million tonnes per year. The project, being run from the company’s Paris
office, is due to be completed by February 2014 and will involve design,
supply of equipment and bulk material, construction and start-up.
New Overseas Supplier Contracts                          
23 Nov 2010 Higer Bus Higer Bus 916.13   China Jiangsu Suzhou   Algeria Automotive OEM Transport Equipment Manufacturing China-based Higer Bus is considering setting up a new manufacturing
plant in Algeria. The company may open the unit as part of an agreement
or joint venture with local company Mazouz group.
Considering Project (New or Expansion)                          
24 Oct 2010 Woolim E&C Woolim E&C     South Korea Seoul Seoul   Algeria Real estate Construction   South Korea- based Woolim, a company which engages in real estate
development, construction, and natural resources businesses, has won a
contract worth Won100bn ($89m) to build a business centre in Sidi
Abdellah, Algeria. The project includes a 25-storey sky scraper.
New Overseas Supplier Contracts                          
25 Sep 2010 Saipem SpA Eni SpA (Eni) 90864   Italy Lazio Rome   Algeria|Democratic Republic of Congo|Nigeria Coal, oil & gas Energy   Saipem, a contractor in the oil and gas industry and unit of Italy-based
energy company Eni, has won onshore contracts in Africa worth a total of
around $500m. In Algeria, the company has been awarded a contract at the
Hassi Messaoud oil centre; in Nigeria it has been awarded a contract
from the joint venture between the Nigerian National Petroleum Corpation
and Chevron Corporation for engineering, procurement and construction at
the Olero Creek Restoration project. Finally, in Congo, the Porte Noire
Port Authority has awarded Saipem an engineering, procurement and
construction contract to build an 800 metre long pier.
New Overseas Supplier Contracts                          
26 Jul 2010 Kansai Paint Kansai Paint 2956.61 14830 Japan Kansai Osaka   Algeria|Egypt|Morocco|Saudi Arabia Chemicals Industrial Manufacturing Kansai Paint, a Japan-based paints manufacturer, is considering further
expansion in the Middle East and North Africa. The company is
considering opening a plant in Saudi Arabia if the market becomes big
enough. It is also considering setting up further plants in Morocco,
Egypt and Algeria.
Considering Project (New or Expansion)   Syed Ameer Hamza Hasan Regional Manager, Marketing                    
27 Jul 2010 Bank Audi sal-Audi Saradar Group Bank Audi sal-Audi Saradar Group 501 6306 Lebanon Beyrouth Beirut   Algeria|Egypt|Jordan|Syria|Tunisia Financial services Financial Services   Bank Audi, Lebanon’s largest lender by asset, is to continue to focus on
consolidating and strengthening its presence in markets including,
Egypt, Syria and Jordan and plans to enter new markets like Algeria and
Tunisia, as part of a new strategy to strengthen and diversify its
business outside Lebanon. The company’s ultimate aim is to become a
regional bank through cross-selling markets and business lines.
New Investment Strategy   Freddie Baz Director, Strategy                    
28 May 2010 Fomento de Construcciones y Contratas (FCC) Fomento de Construcciones y Contratas (FCC) 9259.68   Spain Catalonia Barcelona   Algeria Transportation Transportation, Warehousing & Storage Logistics, Distribution & Transportation Spanish construction company Grupo Fomento de Construcciones y Contratas
(FCC) has been awarded a contract by the Algerian transport ministry to
construct a 185 kilometre railway line. It will run west of Algiers and
connect Relizane, Tiaret and Tissemsilt. The contract is worth E1bn.
This will be a joint venture with Algerian building company Ethrb
Haddad.
New Overseas Supplier Contracts   Baldomero Falcones Chief Executive Officer                    
29 Feb 2010 Renault Renault 64391.5 181340 France Ile-de-France Boulogne-Billancourt   Algeria Automotive OEM Transport Equipment Manufacturing French auto manufacturer Renault is considering investing
tens-of-millions of Euros in a plant in Rouiba, Algeria. The plant is
anticipated to manufacture 50,000 cars per annum in the Logan, Sandero
and the symbol ranges. The plant is expected to be a joint venture with
SNVI, an Algerian company with Renault operating the facility with a 49%
stake.
Considering Project (New or Expansion)                          
30 Jan 2010 Engro Corporation (Engro Chemical Pakistan) Engro Corporation (Engro Chemical Pakistan)     Pakistan Not Specified Not Specified   Algeria|Morocco|Tunisia Chemicals Food, Beverages & Tobacco Manufacturing Pakistan-based Engro Corporation, formerly known as Engro Chemical
Pakistan, is to invest $1bn in North Africa. The company intends to
build a phosphate fertiliser plant in the region and is currently
considering three countries for the project: Morocco, Algeria and
Tunisia. The decision is expected to be made in 2010.
Considering Project (New or Expansion)   Asad Umar Chief Executive