The performance of the Algerian industrial Ouedkniss sector have improved "significantly" during the first ten months of 2011, including an increase of 12% of its turnover year on year, the company said economic studies and financial analysis appraisal (Ecofi).
The economic public companies (Epe) reported Ouedkniss Annonce Algerie "significant improvement, an increased activity and a trend of revitalization," especially in terms of added value, and surplus workforce, said the Ecofi in his lastbalance sheet. Thus, there was an overall increase in sales in the sector to 244 billion dinars (12%) during the same period compared to fiscal 2010.
According Ecofi, the agribusiness sector has achieved a turnover up 47%, followed by chemicals and pharmaceuticals whose sales rose 25%, and construction materials (+13% ).
As for the turnover of the branch of the engineering industry, it grew by 7% between January and October 2011.
hese four sectors alone account for 72% of total turnover (industrial public enterprises). The metal remains in decline due to decreases displayed by several companies in this industry (Alfapipe-Entpl-Pack)," said do we.
The balance of the Ecofi, which analyzes sales, value added, operating surplus and staff, showed an increase of 11% of the value added by such companies to 98 billion DA .
This "significant increase" is due to Ouedkniss, according to the document, "both by increasing both the physical production as the price effect. Thus, the food industry sector recorded an increase in value by 38% (18) for public companies within the chemicals and pharmaceuticals industry, and (14) for the mechanical industry.
These results is the outcome of the Ecofi, "are especially noticeable at the level of economic public companies (EPE) of the GSP Cereals (Cegro), and Saïdal (drugs). In addition, it should be noted that the +
price effect + has also played for the NLTS (tobacco and matches). "
The Ecofi emphasizes in this sense that "the level of production of cement industrial group in Algeria (IPAC) has ensured the continuation of the ex-factory selling prices for consumers."
However, the metal industry and metal constructions declined in value added between January and October 2011 by 12%, and for the electrical industry and electrical industry (-8%) and (-5%) for textile industry and leather.
Regarding the operating surplus, the Ecofi stressed was up 19.8% to 45 billion DA, mainly because of "improving value added" adding, however, three branches that have been "a fairly substantial level Ouedkniss of decline mainly because of the weight of personnel costs. These are textiles, leather and wood (-47%), the electrical and electronics industry (635%) and Metallurgy and mechanical engineering (-29%).
The Ecofi has also indicated that the public industrial sector employed between January and October 2011, 97,338 workers a figure up 1.5%, indicating that fixed-term contracts (CDD) represent 30% of the The changes in the workforce due to the Ads Annonce Algerie
integration of the enterprise sector Tonic-industry," adds the same source.
