Retrospective on the MEDEF visit to MFG
February 18 2018
On Thursday (February 8th), a large delegation of French businessmen visited the MFG factory in Larbaa, the largest flat glass producer in Africa. The delegation, led by Pierre Gattaz President of Medef and accompanied by the Ambassador of France in Algeria, was composed of representatives of major French companies, including Dassault Aviation, Eutelsat, ICE and Ameublement Français. They visited for more than an hour with Issad Rebrab the state-of-the-art facilities of the plant’s second production line, inaugurated in 2016.
France, a leading partner
In parallel of the visit, Issad Rebrab met with Pierre Gattaz, his delegation and the French ambassador to Algeria on economic partnerships between Algeria and France and their development prospects. The President stressed in this regard the concept of collocation between the two countries, successfully launched by Cevital with the acquisition of Brandt. For the Group, he said, France is the most important country after Algeria.
Algeria, as a link between Europe and Africa
With 40% of the world’s population, the African continent is in great need of European investment to support its development. Both parties extensively discussed this point, emphasizing the important role that Algeria can play as a bridge between Europe and Africa.
Focus on new technologies
Issad rebrab took this opportunity of this visit to announce a new project developed by Cevital research centers. It consists of the production of seawater desalination membranes and units and the production of ultra-pure water for the pharmaceutical, food processing, semiconductor and gas and oil water treatment industries shale. The launch of this project is planned for this year.
Cevital is the leading private industrial group and exporter in Algeria, excluding petroleum products.
This highly diversified group features 26 subsidiaries, spread out across the industry (flat glass and steel), food processing, retailing, automotive and services sectors. The Cevital group generated an annual turnover of $4 billion in 2015. It exports to nearly thirty countries worldwide. In recent years it has developed its business activities internationally through the acquisition of Oxxo and Brandt in 2013 and 2014 in France, the steel producer Aferpi in Italy, Alas in Spain and in Brazil, where it is developing its expertise in steel, food processing and port infrastructure.
Issad Rebrab is the founding chairman of the Cevital Group, which employs 18,000 people.
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