It is as big as they get in Morocco. With 25,000 employees and MAD23 billion (USD3 billion) in 2005 revenues, Groupe ONA is one of Morocco's largest conglomerates. As a financial and industrial holding company, ONA owns and operates a list of subsidiaries operating in various industries including distribution, financial services, mining, agribusiness, real estate, telecom, energy and utility, real estate, and information technology industries.

Tracing its routes back to 1919, the company was established as Compagnie Générale de Transport et de Tourisme (CGTT) and had stakes in the transport, mining, automobile and equipment material industries. In 1934, the company changed its name to to Omnium Nord Africain until 1989 when it adopted the Groupe ONA name.

During the early 1980's, ONA expended its activity scope by acquiring stakes in dairy products firms, banking, marine transit, chemistry and textile industries. During the early 1990's, it entered the communications, multimedia, retail distribution and real estate sectors. In 1995, ONA went public and offered 20% of its shares on the Casablanca Stock ExchangeCasablanca Stock Exchange.

The agribusiness sector accounts 50% of ONA activities with a sales turnover of MAD13.5 billion (USD1.5 billion) in 2005. Under the milk and diary products, Centrale LaitièreCentrale Laitière produces milk with 60% market share in Morocco. CosumarCosumar is a sugar manufacturing and refining company.

ONA has other companies in the agribusiness sectors such as Lesieur CristalLesieur Cristal; BimoBimo the market leader in biscuits production in Morocco with a 50% market share in 2005. Conserveries Des Cinq Oceans, MaronaMarona, and La MagegasqueLa Magegasque operate in the seafood industry.

In 2005, ONA's investments in the financial sector generated MAD632.5 million (USD70.2 million) in net income for the group. Subsidiaries in this sector include Attijariwafa BankAttijariwafa Bank, AXA Assurance MarocAXA Assurance Maroc, Agma Lahlou TaziAgma Lahlou Tazi Brokerage Company.

ONA is present in the mining sector in Morocco since its establishment; in 1996, ManagemManagem took over the mining activities and contributed about MAD1.6 million (USD177,660) to the group's 2005 revenues.

ONA continued its expansion by investing in businesses with high growth potential in the telecommunication industry represented by Maroc ConnectMaroc Connect in 1999; energy and utility through Nareva in 2005; Information technology by the establishment of Mercure.comMercure.com in 2002; and Hypermarket chains (retail) with the acquisition of MarjaneMarjane in 1991 and AcimaAcima supermarkets in 2001.

The Group targets a minimum of 7% growth rate in consolidated revenues for its 2008-2010 forecasts.