Industry
Get the latest updates industries in the Mediterranean: aerospace, automotive, food processing, steel, petrochemicals, energy, ICT, construction, textile... in Algeria, Spain, France, Italy, Morocco , Tunisia, Portugal, Egypt, Greece, Turkey ...
FRANCE. The European Commission authorises a €7 billion French scheme to support a sustainable recovery through investment.
LIBYA. The political dispute between Libya's two rival prime ministers is now impinging on the country's economy itself because of the blockage of the oil infrastructure, which accounts for 97% of state revenue.
ALGERIA / TURKEY. Turkish direct investments are accelerating in Algeria. According to Mahinur Ozdemir Goktas, they have reached $5 billion (compared...
ALGERIA / ITALY. The Italian group ENI and the Algerian state company Sonatrach sign a new gas agreement to strengthen energy cooperation between Algeria and Italy.
ITALY / FRANCE. Based in Saint-Chamond in the Loire, the French specialist in technical textiles for the personal protection markets acquires the Italian NT Majocchi and doubles in size.
MOROCCO. The latest analyses of the Chariot Oil & Gas field, located off the town of Larache, reveal a natural gas of excellent quality with methane gas present at more than 96% in the seven reservoirs inventoried.
MEDITERRANEAN. In addition to the general price increase that will impact everyone, the halt in Russian gas exports to Europe will penalise Italy, Greece, Serbia and Slovenia. It could also be a great opportunity for Algeria and Egypt.
MOROCCO: The economic recovery of 2021 and now the Russian-Ukrainian conflict are pushing up phosphate prices and increasing volume demand.
FRANCE. A company created half a century ago in Algeria, the Provençal Cepasco has kept its Mediterranean DNA right up to its supplies and its market share in ethnic grocery shops.
ITALY / FRANCE / GERMANY. Stellantis reaffirms its commitment to transform its Termoli plant in southern Italy into a production site for batteries for electric vehicles for Automative Cells Company and is joined in this project by Mercedes.
ALGERIA / CHINA. Four Algerian and Chinese partners are joining forces to launch a $7 billion phosphate processing industry project for the production of fertilisers in four wilayas in eastern Algeria.
EU. In order to put a "made in Europe" label on its chips, the American semiconductor giant Intel has unveiled an initial investment plan of €30 billion in six European Union countries, including France, Italy and Spain.
EGYPT. Together with four Egyptian state partners, Scatec will build a green ammonia plant in the Ain Soukhna industrial zone in the Gulf of Suez.
FRANCE / ITALY. One of the world's leading semiconductor companies, STMicroelectronics, has announced €600 million in financial support from the European Investment Bank for its R&D and new pilot production lines.
ALGERIA / EU. Sonatrach's CEO has pledged to deliver more gas to the European Union to replace, in part, Russian gas exports threatened by the conflict in Ukraine.