logo
Algerian-Slovenian Partnership in the Automotive Industry

Algerian-Slovenian Partnership in the Automotive Industry

El Chorouk5 days ago

Algerian-Slovenian consultations have begun regarding the possibility of launching joint industrial cooperation in producing auto parts and vehicle components, reflecting Algeria's ambition to establish an integrated mechanical industry based on local integration and smart partnerships.
These discussions revolve around two main options: either the exchange of products between Algerian manufacturers and their Slovenian counterparts or establishing joint industrial projects that capitalize on the capabilities of both parties.
During a senior official visit, the Slovenian side received a detailed presentation on the Algerian market's opportunities, needs, and the high quality of spare parts and components that can be provided locally.
In this context, Adel Bensassi, head of the Mechanics Association, told Echorouk that, as part of Algeria's efforts to revitalize the automotive industry according to a new vision based on high integration rates and effective local production, preparations have begun for possible industrial cooperation with Slovenia in the field of subcontracting and spare parts. He indicated that a meeting is expected soon, possibly during next September on the sidelines of the African Exhibition in Algiers at the latest. This comes in parallel with the agreements ordered to be implemented by President Abdelmadjid Tebboune following his recent visit to the European country.
Bensassi, who is also Chairman of the Advisory Council for the Promotion of Small and Medium-Sized Enterprises, explained that the Algerian business delegation that accompanied the President during his visit to Slovenia two weeks ago discussed with the Slovenian side opportunities for joint business, both through parts manufactured locally in Algeria and those produced in Slovenia, with the possibility of exchanging products to serve vehicle factories in both countries.
He added that 'the discussion revolved around Algerian spare parts that meet specifications and are certified by regulatory bodies, capable of entering the European market, in exchange for importing high-quality Slovenian parts that would contribute to increasing the rate of industrial integration in Algeria, or even joint factories for spare parts and auto components from Algeria and Slovenia. The Slovenian side appeared open to all forms of cooperation'.
Bensassi asserted that the visit also included a field visit to an auto parts manufacturing company in Slovenia, where the Algerian delegation expressed its admiration for the technological advancements adopted in manufacturing, particularly the use of advanced machinery and digitalisation in standardisation and quality control. Precise technical observations were recorded by Algerian experts for study and use in developing the local industrial fabric.
He emphasized that the revival of the automotive spare parts industry is being personally monitored by the Industry Minister, who expressed a progressive vision based on a genuine desire to produce various automotive components locally, thus providing new factories with real opportunities for full integration into the manufacturing system, rather than relying solely on assembly or import.
'This cooperation is not limited to Slovenia alone, but extends to several leading countries in the field of subcontracting and manufacturing automotive parts, as part of a national strategy to reduce dependency and reduce the import bill,' he added.
Examples of leading Slovenian companies in this field include TPV Automotive, a leading manufacturer of metal structures and chassis components, and a direct supplier to global car manufacturers such as Renault and BMW Dublovi.
Hidria Group specialises in ignition and combustion systems and precision mechanical parts for diesel and gasoline engines. Ampol Group produces aluminium parts used in the automotive and aeronautics industries. Kolektor Group manufactures electrical systems and mechanical parts used in engines and vehicle control systems.
Bensassi concludes that Algeria, as it lays the foundations for a truly successful vehicle manufacturing industry, is betting on building smart partnerships with experienced industrial nations, such as Slovenia, to ensure a smooth transition to an integrated manufacturing system based on efficiency, quality, and industrial sovereignty.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Negotiations With Brazilians on Strategic Economic Partnerships
Negotiations With Brazilians on Strategic Economic Partnerships

El Chorouk

time4 days ago

  • El Chorouk

Negotiations With Brazilians on Strategic Economic Partnerships

Algeria is opening a new gateway to promising strategic partnerships on Tuesday by hosting the Algerian-Brazilian Business Forum. This forum coincides with Brazil's assumption of the BRICS bloc's presidency for 2025 and just days after its official accession to the BRICS Bank. This forum, hosted at the Sofitel Hotel in Algiers, reflects a clear trend toward diversifying economic alliances and opening up to the global South through balanced partnerships in priority sectors, most notably aviation, automotive, and meat. This step comes at a time when Algeria's economic dynamism continues with other major powers, such as China, the European Union, and the United States, within a multipolar vision aimed at building a more balanced and equal cooperation system. More than 20 leading Brazilian companies in strategic sectors, ranging from agriculture and food industries to machinery and equipment, transportation, healthcare, pharmaceuticals, plastics, aviation, vehicles, and auto parts, are participating in the bilateral business forum. The event, organized by the Economic Renewal Council, the Brazilian Ministry of Foreign Affairs, and the APEX- Brasil Agency, in partnership with the Arab-Brazilian Chamber of Commerce and the Embassy of Brazil in Algeria, reflects the two countries' efforts to build a solid economic bridge that goes beyond mere trade to a true partnership based on the transfer of expertise, the exchange of interests, and the creation of productive investments. This forum holds profound significance in light of Brazil's presidency of the BRICS group and following Algeria's official accession to the bloc's bank last week. This confirms its engagement in multipolar economic alliances, moving away from the traditional logic of dependence on limited partners. The Algerian-Brazilian Forum is not an isolated event. Rather, it falls within a clear strategic vision adopted by Algeria in recent years, based on diversifying its portfolio of economic partners and investing in each partnership based on its qualitative advantages in specific sectors. Previously on April, Algeria hosted a business forum with China, followed by another with Saudi Arabia. Just days ago, a high-level Algerian delegation, headed by Kamel Moula, participated in the Maryland Business Forum in the United States, with the participation of 35 businesspeople. Negotiations and meetings with the European Union are also ongoing to redefine the foundations of economic cooperation according to a more balanced vision that responds to national development priorities. In this context, Algeria is no longer content with the role of a consumer market. Rather, it seeks to upgrade its domestic products and integrate them into global value chains, particularly in sectors such as food industries, cement, chemicals, pharmaceuticals, iron and steel, and desert agriculture. These sectors are experiencing rapid dynamism due to investment incentives and new reforms. A partnership with Brazil, a major agricultural and industrial power, could open real prospects for Algerian products to penetrate Latin American markets, leveraging Brazil's expertise in agricultural mechanisation, livestock breeding, processing, and pharmaceutical industries. This comes at a time when Algeria today realises that the current phase requires a transition from traditional partnerships to smart strategic partnerships based on integration, technology, and knowledge, far from the logic of unproductive imports or unbalanced deals. Therefore, it seeks to establish economic relations with partners capable of providing real added value, whether in training, innovation, or access to foreign markets. The Algerian-Brazilian partnership appears to represent a promising model for this approach, given its diversity, balance, and a South-South vision that is more independent and in line with national interests.

Algerian-Slovenian Partnership in the Automotive Industry
Algerian-Slovenian Partnership in the Automotive Industry

El Chorouk

time5 days ago

  • El Chorouk

Algerian-Slovenian Partnership in the Automotive Industry

Algerian-Slovenian consultations have begun regarding the possibility of launching joint industrial cooperation in producing auto parts and vehicle components, reflecting Algeria's ambition to establish an integrated mechanical industry based on local integration and smart partnerships. These discussions revolve around two main options: either the exchange of products between Algerian manufacturers and their Slovenian counterparts or establishing joint industrial projects that capitalize on the capabilities of both parties. During a senior official visit, the Slovenian side received a detailed presentation on the Algerian market's opportunities, needs, and the high quality of spare parts and components that can be provided locally. In this context, Adel Bensassi, head of the Mechanics Association, told Echorouk that, as part of Algeria's efforts to revitalize the automotive industry according to a new vision based on high integration rates and effective local production, preparations have begun for possible industrial cooperation with Slovenia in the field of subcontracting and spare parts. He indicated that a meeting is expected soon, possibly during next September on the sidelines of the African Exhibition in Algiers at the latest. This comes in parallel with the agreements ordered to be implemented by President Abdelmadjid Tebboune following his recent visit to the European country. Bensassi, who is also Chairman of the Advisory Council for the Promotion of Small and Medium-Sized Enterprises, explained that the Algerian business delegation that accompanied the President during his visit to Slovenia two weeks ago discussed with the Slovenian side opportunities for joint business, both through parts manufactured locally in Algeria and those produced in Slovenia, with the possibility of exchanging products to serve vehicle factories in both countries. He added that 'the discussion revolved around Algerian spare parts that meet specifications and are certified by regulatory bodies, capable of entering the European market, in exchange for importing high-quality Slovenian parts that would contribute to increasing the rate of industrial integration in Algeria, or even joint factories for spare parts and auto components from Algeria and Slovenia. The Slovenian side appeared open to all forms of cooperation'. Bensassi asserted that the visit also included a field visit to an auto parts manufacturing company in Slovenia, where the Algerian delegation expressed its admiration for the technological advancements adopted in manufacturing, particularly the use of advanced machinery and digitalisation in standardisation and quality control. Precise technical observations were recorded by Algerian experts for study and use in developing the local industrial fabric. He emphasized that the revival of the automotive spare parts industry is being personally monitored by the Industry Minister, who expressed a progressive vision based on a genuine desire to produce various automotive components locally, thus providing new factories with real opportunities for full integration into the manufacturing system, rather than relying solely on assembly or import. 'This cooperation is not limited to Slovenia alone, but extends to several leading countries in the field of subcontracting and manufacturing automotive parts, as part of a national strategy to reduce dependency and reduce the import bill,' he added. Examples of leading Slovenian companies in this field include TPV Automotive, a leading manufacturer of metal structures and chassis components, and a direct supplier to global car manufacturers such as Renault and BMW Dublovi. Hidria Group specialises in ignition and combustion systems and precision mechanical parts for diesel and gasoline engines. Ampol Group produces aluminium parts used in the automotive and aeronautics industries. Kolektor Group manufactures electrical systems and mechanical parts used in engines and vehicle control systems. Bensassi concludes that Algeria, as it lays the foundations for a truly successful vehicle manufacturing industry, is betting on building smart partnerships with experienced industrial nations, such as Slovenia, to ensure a smooth transition to an integrated manufacturing system based on efficiency, quality, and industrial sovereignty.

What Are Algerian Demands in Amending the Partnership Agreement With Europe?
What Are Algerian Demands in Amending the Partnership Agreement With Europe?

El Chorouk

time23-04-2025

  • El Chorouk

What Are Algerian Demands in Amending the Partnership Agreement With Europe?

Participants in the conference on the Algerian-European Partnership for Sustainable Investment, titled 'Algeria-EU: New Investment Dynamics and Prospects for Cooperation' in a Changing World, agreed that the partnership agreement needs to be amended to serve both parties. The Economic Renewal Council called for broader acceptance of Algerian products, technology transfer, and promoting joint production and investment in Algeria. In his opening remarks, Toufik Boudjema, Director General for Europe at the Ministry of Foreign Affairs, said, 'The partnership agreement included an important axis related to encouraging investment in exchange for opening the market to preferential trade. However, the level of European investment remains below expectations and does not reflect the potential and opportunities available in Algeria, remaining very limited compared to the volume of trade'. The speaker considered that this situation justifies the urgent need to work together to encourage European investments in line with national priorities on the one hand and the European vision for developing the Mediterranean region on the other. In this context, the European Direct Investment Project in Algeria represents an important initiative aimed at providing a comprehensive assessment of this situation to address this structural imbalance. He highlighted the importance of the new program contributing to facilitating investments, which were agreed to be launched in the future within the framework of the 2025/2027 financial program, and continuing efforts to enhance the business climate and stimulate public-private partnerships in strategic priority areas for our country. For his part, Omar Rekache, Director of the Algerian Investment Promotion Agency, revealed the results of the exploratory mission, which included 14 European countries, the last of which was Athens, last week. This mission allowed the agency to present Algeria as a promising and reliable destination for European direct investment. 122 meetings were organised in 14 countries, bringing together more than 76 economic institutions and 34 institutional bodies, including chambers of commerce, professional organisations, and two investment funds. The most important sectors in which European companies expressed interest in investing were energy, renewable energy, agriculture, and the processing industry. Rekache explained: 'I affirm the agency's full commitment to providing all necessary support and assistance to realize productive investments, in a climate characterized by transparency, efficiency, and speed of processing, and to continuing positive cooperation to serve the interests of both parties within the framework of the 2025-2027 financial program.' For his part, Kamel Moula, Chairman of the Algerian Economic Renewal Council, outlined what Algerian economic operators expect from amending the partnership agreement with the Europeans, emphasising the desire to achieve progress in at least three key areas, including the opening of the European market to Algerian exports outside the hydrocarbon sector, as domestic production has expanded to include several sectors and is now characterised by quality and meets international standards, particularly concerning health safety in the food industry. Algeria is also working to decarbonise its industry. Moula emphasised technology transfer, which can be achieved through joint production partnerships. This type of partnership represents a real alternative to industrial relocation for developed countries, a development opportunity for emerging countries, and a practical embodiment of the win-win principle. He spoke about European investment in Algeria, above all else, as a sign of confidence in Algerian economic operators who are ready to welcome their European counterparts and share the Algerian market with them. Moula concluded, 'This is why it is important for the European Union to look beyond the immediate commercial interests that have dominated our relationship to date, and to recognise that we are both capable of achieving great things together.' In a related context, Stefano Sannino, Director General of the European Commission's Directorate for North Africa and the Middle East, who is currently making an official visit to Algeria from 21 to 24 April, to discuss with senior Algerian officials the prospects for strengthening Algerian-European co-operation, stated that cooperation between Algeria and Europe must be positive. He noted that missions to 14 countries have enabled 150 European companies to express interest in the Algerian market, with ambitious steps being taken to chart a path for joint investment between the two countries. He praised the measures Algeria has adopted to facilitate investment. During this visit, Sannino holds talks with representatives of several Algerian ministerial departments, including Foreign Affairs, Energy, Finance, and Culture. He also took part, on Wednesday, April 23, at the Sheraton Hotel, in the opening of a conference on 'New Investment Dynamics and Prospects for Cooperation' between the European Union in Algeria, jointly organized by the Delegation of the European Union in Algeria and the Algerian Investment Promotion Agency (AAPI), in the presence of representatives of the Algerian Economic Renewal Council (CREA) and the business community in Algeria. Sannino's visit will provide a valuable opportunity to reaffirm the EU's commitment to giving new impetus to bilateral cooperation with Algeria, within the broader and strategically articulated framework of the New Pact for the Mediterranean. The EU aspires to a partnership that goes beyond the very strong existing relations, particularly in the energy sector, to build other strategic complementarities for sustainable and inclusive growth, in a changing geopolitical context, and in the face of shared challenges such as reindustrialisation, economic competitiveness, and the green transition. It also aims to discuss with the Algerian authorities the most appropriate framework for increasing EU investment in Algeria. Furthermore, the EU and Algeria are called upon to deepen their strategic dialogue on current major security and geopolitical issues, counterterrorism, migration management, and energy interconnection, which are now among the shared priorities on both sides of the Mediterranean. In this context, the EU fully reaffirms its commitment to work together with Algeria to make these priorities the pillars of a reliable, ambitious and lasting partnership, based on a peaceful and fair dialogue with all EU Member States. It should be noted that, on the sidelines of his mission, Sannino will travel to Timimoun (southern Algeria), where he will meet with beneficiaries of the Jil Siyaha program, a concrete result of Algeria-European Union cooperation in the field of tourism. He will also explore the cultural and historical heritage of the Casbah (Algiers) before concluding his stay with a visit to the National Museum of Prehistory and Ethnography of Bardo, as a testament to the cultural and historical richness of Algeria. The visit comes as Algeria's Foreign and Commerce ministries hold talks with the North Africa Unit at the Directorate-General for Neighbourhood and Enlargement Negotiations of the European Commission, aimed at reviving their 'Partnership Agreement' signed in 2002. The new Agenda for the Mediterranean was launched by the European Union in 2021 to strengthen the strategic partnership with its Southern Neighbourhood partners in trade and renewable energies, upgrading facilities and infrastructure, and managing migration and counter-terrorism issues.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store