Manufacturing

14-12-2009
The Syrian Commission on Financial Markets and Securities (SCFMS) has announced that the cumulative losses of French Mountain Juice (FMJ) had reached 79.14 percent of its paid-up capital.
09-11-2009
Shimizu, a Japanese corporation, will invest USD 3.58 million in the development of a burning system at a plant affiliated to the General Fertilizers Company, according to Ahmad Kharma, the general manager of GFC.
26-10-2009
Steel Rolling International Company (SRIC) will commission its reinforcing bar plant before the end of this year with an annual production capacity of 300,000 tons.
05-10-2009
In spite of strong interest from local investors, Syria’s industrial cities have yet to attract significant numbers of foreign companies.
05-10-2009
The Syrian President has issued a decree cancelling the import fees and commissions paid by local industrialists to state-owned institutions.
10-08-2009
The Italian government has agreed to loan EUR 20 million to support the development of the textile industry in Syria.
13-07-2009
Construction Products Holding Company has officially launched its operations in the Industrial City of Adra.
06-07-2009
SIVECO, one of Syria’s two car assembly companies, commissioned on July 3 a new production line at its plant based in the Industrial City of Hessia, some 50km south of Homs.
29-06-2009
Nexant, a UK-based consultancy, will conduct a technical and feasibility study for the development of a phosphate-based fertilizer project on behalf of the Syrian-Qatari Holding Company (SQHC).
29-06-2009
The Syrian government has set minimum prices on a large list of imported manufactured products in a move aimed at protecting local industry.
10-05-2009
SIAMCO has expanded its car plant located in Adra, outside Damascus, to allow it to paint and assemble the body of its cars.
29-03-2009
Hempel, the global paints manufacturer, has commissioned a SYP 500 million (USD 10.6 million) plant in the industrial city of Hessia, near Homs.
07-02-2009
The turnover of the General Organization of Tobacco, one of the largest firms in Syria, reached SYP 25.64 billion in 2008, an annual increase of 5 percent.
07-02-2009
The Ministry of Finance will disburse this year some SYP 937 million from the Government’s Central Budget to pay the salary of workers in 14 loss-making state-owned firms.
07-12-2008
Hamisho Economic Group will begin production in its new car assembly plant in the last quarter of 2009, according to Imad Hamisho, Chairman of the Group.

Events

Syria Lab
Damascus International Fairground
Export Finance Seminar
Damascus Chamber of Commerce