The Group recently signed a joint venture agreement with
Telcom Srl, an Astuni, Italy based plastic roto-molding group, and established
two production lines at its main facility in Egypt to produce plants & flower
pots, and other products for the retail markets in the Middle East, Europe, and
Telcom is an International plastic producer with operations
in Europe, the United States, and Russia.
The joint venture will takeover
Telcom’s current sales and client lists in the Middle East.
joint plans with Telcom may include new plants and production lines in Canada,
Europe, and the Middle East.