Saturday, 14 December 2019
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THE COMPANY

  • General Information

Company Name 

 Entreprise des Produits Rouges des Aurès EPRA/ Brick factory

 Creation Date

 03 May 2010 (ASICOM entry)

Legal Form 

Joint Stock Company (SpA)

Head Office 

 870 000 000 DZD

 Capital 

 Route de Batna, Commune de TAOUEZIENT, W. KHENCHELA

 Management 

 The company is managed by its Board of Directors, composed by five members. The Board is chaired by ASICOM and a General Director

 

  • Capital                                                                                                                                                                                                         KDZD

 

   Shareholders

2010

2014

2017

Amount

%

Amount

%

Amount

%

 ASICOM

117 920

44

239 920

33

289 920

33

 Natural Persons

150 080

56

210 080

29

230 080

27

 SOFINANCE

   

170 000

24

220 000

25

 ElDjazair Istithmar/ Tresory

   

50 000

7

80 000

9

 El Djazair Istithmar

 

 

50 000

7

50 000

6

Total

268 000

100

720 000

100

870 000

100

 

THE PROJECT

  • Project Summary

The company was created in 1998 after the employees buyout of brick manufacturing unit owned by a local public enterprise. In 2001, they ceded their shares to two natural persons who acquired a new production line (renovated) in 2004.

The equipment could not be installed due to the lack of financial resources.


A new hangar was built and the project was interrupted till the beginning of 2010 when the promoters oriented by BADR Bank contacted ASICOM for a partnership (The equipment acquisition was financed by this Bank). This partnership was concretized in May 2010.

ASICOM relaunched the project works which required a lot of prior actions including:

  • The resolution of the project juridical-administrative situation;
  • The technical studies resumption;
  • The company remediation and Management.

 

  • Factory Realization :

The workshops and equipment installation works started in the second half of 2011 including the kiln, the dry-kiln and the civil engineering construction. These works required more than 600 million dinars provided by ASICOM and institutional shareholders. The production started at the end of 2015.

website : www.epra-dz.com