Moroccan-Spanish joint venture Rostoy Morocco

Published September 29th, 2005 - 09:22 GMT
Al Bawaba
Al Bawaba

Moroccan group Rahal and Catalan Serhs Group will create a joint venture called "Rostoy Morocco," in which each company will have 50 % share. Bladi Net reports that Rostoy Morocco, which is planned to be a fruit juice production company, will be established in Tangier with a total cost of 1, 5 million euros.

"Rostoy Morocco" is envisaged to open its doors at the beginning of 2006 to employ 30 people. The planned company will have a total surface of 5,000 square meters and produce 10 million liters of fruit juice per year.

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