SOTUVER has just crossed the bar of 85 million dinars of income, according to Ilboursa.
The projected turnover for the whole year 2018 is estimated at over 90 million dinars against 66 million achieved in 2017, i.e. an increase of 36%.
The turnover recorded on September 30, 2018 amounted to 65.9 million dinars.
Export sales continue to grow at a steady pace (+ 56% at the end of September) and SOTUVER’s customer base now covers 25 countries. It is also the main supplier of Algeria.
The only local manufacturer (Algeria) does not have the quality offered by SOTUVER, said Ilboursa.
To this end, the company’s industrial tool is running at full capacity and management is studying the possibility of increasing production capacity through the creation of a plant in Algeria.
The commissioning of the photovoltaic station is scheduled for the third quarter of 2019, which will enable the company to produce its own electricity, according to Ilboursa.