ORASCOMCONSTRUCTION INDUSTRIES 1من اصل4

ORASCOMCONSTRUCTION INDUSTRIES 1من اصل4

NEWS\ORASCOM CONSTRUCTION INDUSTRIES 1من اصل4

Orascom OCI…
The pioneering company in the building and construction field in Egypt and
worldwide The Most active and leading actor listed on the Egyptian
Exchange, NASDAQ Dubai and NYSE Euronext
Orascom Construction Industries SAE (OCI) is a one of the largest and
leading contractor in the Middle East (ME). In 1976, Orascom was founded
by OnsiSawiris ; a well- known businessman, as a general contracting and
trading company. It was sold in 2007 to the French Lafarge for a $1 2.81
billion deal. NassefSawiris , who is also a Board Member of Lafarge and
was appointed as OCI’s Chairman in 2009, is current Orascom OCI’s CEO.
About 60% of OCI capital is owned by Sawiris family; ( Onsi , Nassef and
Samih).
Orascom Construction has grown from a small family-run construction
business into a global engineering and construction contractor with projects
and investments around the world.
In 1950, OnsiSawiris founded a construction company in Upper Egypt.
After two years, the construction company was nationalized and
OnsiSawiris left for Libya, where he continued his construction career until
he returned to Egypt and founded OrascomOnsiSawiris & Co (the
Predecessor Partnership) in 1976 as a general contracting and trading
company. In 1985, the Predecessor Partnership established its first
overseas company, Contrack, in McLean, Virginia to pursue USAID and
US government-financed construction projects in Egypt.
By the early 1990s, the Predecessor Partnership had established itself as
Egypt’s leading building materials and construction contractor in the private
sector. Working with domestic and international partners, members of the
Sawiris family also established several building materials manufacturing
companies in Egypt.
Orascom (OCI) operates in the field of general contracting, in addition to
manufacturing, supplying and installing building materials, tools and
equipment.

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