Altoun Group is among the fastest growing group of companies in Syria. Best known for its Hyundai car dealership, the company is also embarking in cement production. The Syria Report talks to Salim Altoun, Chairman and CEO.
BMW Middle East increased its sales in Syria to 878 units in 2009, according to a press release from the company.   BMW Middle East increased its sales in Syria to 878 units in 2009, according to a press release from the company.
Syrian textile manufacturers have been severely impacted by trade liberalization and the global crisis. The Ministry of Industry and the United Nations Industrial Development Organization (UNIDO) have launched a programme to increase the competitivenes...  
The Syrian Commission on Financial Markets and Securities (SCFMS) has announced that the cumulative losses of French Mountain Juice (FMJ) had reached 79.14 percent of its paid-up capital.
Shimizu, a Japanese corporation, will invest USD 3.58 million in the development of a burning system at a plant affiliated to the General Fertilizers Company, according to Ahmad Kharma, the general manager of GFC.
Steel Rolling International Company (SRIC) will commission its reinforcing bar plant before the end of this year with an annual production capacity of 300,000 tons.
In spite of strong interest from local investors, Syria’s industrial cities have yet to attract significant numbers of foreign companies.
The Syrian President has issued a decree cancelling the import fees and commissions paid by local industrialists to state-owned institutions.
The Italian government has agreed to loan EUR 20 million to support the development of the textile industry in Syria.
Construction Products Holding Company has officially launched its operations in the Industrial City of Adra.
SIVECO, one of Syria’s two car assembly companies, commissioned on July 3 a new production line at its plant based in the Industrial City of Hessia, some 50km south of Homs.
Nexant, a UK-based consultancy, will conduct a technical and feasibility study for the development of a phosphate-based fertilizer project on behalf of the Syrian-Qatari Holding Company (SQHC).
The Syrian government has set minimum prices on a large list of imported manufactured products in a move aimed at protecting local industry.
SIAMCO has expanded its car plant located in Adra, outside Damascus, to allow it to paint and assemble the body of its cars.
Hempel, the global paints manufacturer, has commissioned a SYP 500 million (USD 10.6 million) plant in the industrial city of Hessia, near Homs.


The Green Economy
Damascus Chamber of Commerce
Syria: Progress & Potential
BIS Conference Centre, 1 Victoria Street, London SW1