Orascom Construction Industries To Split Fertilizer And Construction Businesses

The largest public company in Egypt will soon be much smaller.  Orsacom Construction Industries(ORSCY) will spin off its construction business to shareholders, retaining its fertilizer business.Nassaf Sawaris, the company’s chairman and CEO explained It has been apparent to us, that there is absolutely no rationale to justify the relationship between the fertiliser business [which exports to Europe, North… Read More »