Browse 100000+ Jobs from 1000+ Companies by clicking on first character
e.g. jobs from "Microsoft" click on 'M', redirects you to a page which contains all companies which starts with character 'M', for "IBM" click on 'I' & so on...
Orascom Construction Industries or Orascom
Construction Industries SAE (OCI) is a leading Egyptian EPC (engineering,
procurement and construction) contractor, based in Cairo, Egypt and active in
more than 25 countries. OCI was established in Egypt in 1950 and owned by Onsi
Sawiris. The company is the first multinational Egyptian corporation, and is
one of the core Orascom Group companies.
The company's CEO, Nassef Sawiris holds a bachelor's
degree in Economics from the University of Chicago (AB '82). He is Onsi Sawiris'
youngest son.
As a cement producer, OCI owned and operated cement
plants in Egypt, Algeria, Turkey,Pakistan, northern Iraq and Spain, which had a
combined annual production capacity of 21 million tonnes.
In December 2007, OCI announced the divestment of
its cement group to the FrenchLafarge. OCI announced that this will allow it to
focus on the development of its construction operations and investments in
infrastructure and natural gas industries. Nassef Sawiris will also become a
member of the Lafarge board of directors.
In January 2008, OCI confirmed that the share
transfer of 100% of Orascom Building Materials Holding (“OBMH”), the holding
company for its cement group assets, to Lafarge was executed.
Type Public
Traded as
LSE: ORSD
Industry Engineering
Founded
1950
Headquarters
Cairo, Egypt
Key people
Onsi Sawiris, Chairman, Nassef Sawiris, CEO
Revenue US$ 5.51 Billion (2011)
Net income
US$ 678
Million w/ cement operations (2011)
Website
www.orascomci.com
