Monday, 26 February 2024
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THE COMPANY

  • General Information

 Company Name 

 OCEANO CENTER SpA

 Creation Date

 September, 08th 2010

 Legal Form 

Joint Stock Company (SpA)

 Head Office 

 Dar El Beida, lotissement DOUZI-Algiers

 Capital 

 116 733 000 DZD

 Management 

Managed by a Board of Directors composed of three (3) members and chaired by ASICOM. (100% owned by ASICOM)
  • Capital                                                                                                                                                                                                      KDZD

Shareholders

2010

2011

 2018 2019   2022

Amount

%

Amount

%

Amount

%

 Amount % Amount 

%

 ASICOM

19 765

34

29 648

51

29 648

51

88 248  75.60 116 733

100

 SEGNA Company

28 485

49

28 485

49

-

-

 - - -

-

 Trésor public Algérien

-

-

-

-

28 485

49

 28 485 24.40 - -
 Natural persons 

9 883

17

-

-

-

 - - -

Total

58 133

100

58 133

100

58 133

   116 733 100 116 733

100

 

THE PROJECT

 

  • Project Summary

The Commercial center realization was initiated by El-Boustene Sarl in 2004.

The works were launched in 2005 and 03 years later they were interrupted because of financial reasons.

The Bank (BADR) that financed the project oriented the promoters to contact ASICOM for a partnership which was concretized in September 2010. The result was the transformation of Sarl El Boustene into a joint stock company named Oceano Center.

The works were relaunched in the second half of 2011 including a general review of technical aspects and structures development as a restauration building and a multi-storey car park. These works required more than 1400 million dinars that more than a half was provided by ASICOM.

  

  • Project Content 

The project is located outside the Eastern City of Algiers (le quartier des Bananiers), It has a direct access by express way leading to the airport. It is also accessible by tram.

The Center is implanted on a site of nearly 33,000 m². It consists of :

  • A Carrefour Hypermarket of 6,000 m²;
  • Shops of nearly 5,000 m²;
  • Restauration spaces of 1000 m²;
  • Leisure of 1,500 m²;
  • multi-storey car with a capacity of 360 places.

CITY CENTER was inaugurated in 18th June 2015 (the first day of Ramadhan 1436).

                    website : www.citycenter-dz.com