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December 22, 2024 | 8 months ago

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Condor launches production of aluminium radiators: “7 million for the local market, 3 million for export”

The 32nd edition of the Algerian Production Fair was kicked off the day before yesterday by the President of the Republic, Abdelmadjid Tebboune.

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Condor strengthens its industrial position with ambitious projects

 

Condor Group announces strategic projects to strengthen its local and international presence. At the Foire de la Production Algérienne (FPA), Mohamed Salah Daas, Deputy Managing Director, unveiled three major initiatives:


·  Recyclable aluminium radiator production: Condor, in partnership with a leading Italian manufacturer, will produce 7 million units for the local market and 3 million for export. This innovation represents a first in Algeria.

 

·  Hisense air conditioner plant: Scheduled for completion in 2026, this plant will produce 2 million air conditioners annually, with 80% destined for export, thus strengthening Algeria's competitiveness in the air conditioning sector.

 

·  100% Algerian refrigerator: Condor has launched the production of refrigerator compressors, enabling the manufacture of entirely Algerian refrigerators. With an annual capacity of 4.7 million units, the company will export 3 million compressors.

 

These projects are part of a dynamic of local industrial development and import reduction while promoting the export of Algerian products to international markets.



December 22, 2024 | algeria-logo

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