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This partnership is to be resting first on household appliances assembling and manufacturing, then on electronic ones. During his address pronounced on the occasion of the partnership concluded with Samsung international company, Mr. Issaâd Rabrab announced the Creation of “Samha” Electronics Company under Samsung licence. This is likely to create 1200 direct job and millions indirect ones. In the other hand Samsung announced a new project namely Samsung electronic products distribution. According to Rabrab, Samha project will come into being as of May 2007, meanwhile, Samsung company representative in Algeria announced the launching of Samsung’s trade spaces beginning with Hydra and are to be extended to Kouba municipality, then to Annaba and Oran wilayas. This partnership is meant to materialize the joint ventures in Algeria through the forthcoming next years with more than 500 million Dollars turnover. On the secret enshrined in Samsung’s choice to Cevital and not state-owned companies such as Eniem and Eni the speaker said that it is not but the human capital the company enjoys which is among the main success reasons. | ||||||||||||||||||
Cevital’s partnership with Samsung Electronics