Algeria

Sacmi and Cosmec are currently completing the smooth integration of the new complete plant while partially modifying the old production line of the BMSD Group

Algeria is enjoying a period of relative stability. According to World Bank estimates, real GDP grew by 3% in 2014 compared to 2.8% in 2013, while further 3.3% growth is expected this year followed by 3.5% per year in 2016-2017.