C2C’s experts visit Egypt for Rakta's development study

The study will be prepared in India

  
ArabFinance: General Company for Paper Industry (Rakta) stated that C2C Consultancy’s experts visited Egypt to collect the technical information needed for the preparation of development study, according to Rakta’s statement filed to the Egyptian Exchange.

The study will be prepared in India, Rakta added.

Rakta signed on October 13th a technical consulting contract with India-based C2C for the rehabilitation and development of the former's factories.

Rakta reported a net loss of EGP 16.326 million in the July-September 2020, compared to EGP 27.833 million achieved in the prior-year period.

Rakta is an Egypt-based public shareholding company engaged in the production and distribution of printing and wrings papers, and multi-layered duplexes carton papers.

Copyright © 2020 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From North Africa