News

 Youm7.com - Holding Company for Chemical Industries - one of the companies of the Ministry of Public Business Sector - classified its subsidiaries into 5 groups according to the technical situation and profit and loss identified.   1- The first group includes Eastern Tobacco Company, Sinai Manganese, Misr Chemical Industries, Mechanics and Transport Equipment Industry, and Max Turbines, Plows and Engineering. And the previous companies according to the classification of the holding companies are profitable, and there is room to maximize profitability with the possibility of increasing exports.  2 - The second group includes low-profit companies, and some of them do not achieve surplus of commercial activities are the companies of victory ships, and the Egyptian Bata shoes, and victory for rubber products "Narubin", and victory for fertilizers and chemical industries. 3 - The third group includes companies that are losing and need to inject investments to rebalance the financial and financial, Delta Company for Fertilizers, General Paper Industry Rakta, and Muharram printers, and Egypt for the pipes, "Sigwart" and victory for electrical devices "Niaza". 4 - The fourth group includes two companies stumbling, and suffer from a technical and financial imbalance large and seeks to reduce the losses of the losses of transport, engineering and national cement. 5 - The fifth group of companies still have problems, including problems with investors, the state-owned companies are steam boilers, and Simo paper and Tanta flax.