Algerian Truck Maker Folding Under Competition
One of Algeria’s oldest and well-known state-owned companies, Société Nationale des Véhicules Industriels (SNVI) is quickly headed to extinction.
With the opening of foreign trade, the import sector has been the most visible culprit in hurting what used to be a flagship of Algeria’s heavy industry policies of the 1970s. But imports are just one problem. Continue reading here.