Orascom
Orascom Construction Limited or simply, Orascom(O-rus-com) is a company based in Cairo, Egypt that specializes in construction.The Company focuses on," infrastructure, industrial and high-end commercial projects in the Middle East, North Africa, the United States, and the Pacific Rim for public and private clients."
It's founder, Onsi Sawiris founded the company in 1950. In 1995 Sawiris transferred control to his son, Nassef Sawiris, who is currently the present owner of Orascom.
Contents
Name
Orascom is the name of the God of Construction and Architecture. However, Orascom is the Arabic pronunciation.
Orascom Divisions
Orascom is divided into four divisions. Orascom Constuctions Industries, Orascom Technology Solutions, Orascom Development and Orascom Telecom Holding.
History
OC was established in Egypt in 1950 and owned by Onsi Sawiris. OC owned and operated cement plants in Egypt, Algeria, Turkey, Pakistan, northern Iraq, North Korea and Spain, which had a combined annual production capacity of 21 million tonnes. In December 2007, OC announced the divestment of its cement group, Orascom Building Materials Holding (“OBMH”), the holding company for its cement group assets, to the French Lafarge. The sale closed in January 2008.
OC's Construction Group ranks among the world’s top global contractors and undertakes large industrial, infrastructure and select commercial projects for public and private customers principally in Europe, the Middle East and North Africa.
Headquarters
The Nile City Towers consist of a pair of 32-floor office buildings, two of the first intelligent buildings in Egypt, implementing the EIB/KNX Building Management System.[1]
See also
References
1. "ABB i-bus® EIB / KNX References".
External links
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