Overview
As a semi-public company, Cosider was created on January 1, 1979 by the national steel company (SNS) and the Danish group Christiani and Nielsen.
In 1982, COSIDER became a 100% subsidiary of SNS following the buyout by the latter of the shares of the Danish partner.
As part of the organic restructuring of public enterprises decided by the Algerian authorities, Cosider was transformed in 1984 into a national enterprise placed under the supervision of the Ministry of Heavy Industry.
Thanks to the application of laws and economic reforms, including those relating to the autonomy of public enterprises in 1988, COSIDER was transformed into a joint-stock company in October 1989.
Cosider has been able to create and exploit various opportunities which have enabled it to develop and broaden its field of intervention to other activities that do not relate solely to the building and public works branch. Unlike its competitors on the local market, favored by its stability and its entrepreneurial spirit, Cosider is committed to diversifying its business and client portfolios within a decade.
Continuous evaluation, through internal growth, has made Cosider the largest Algerian BTPH Group Today, Cosider Groupe SPA with share capital of 17,800,000,000 DA , is organized into a group of companies holding 100% of the capital of ten (10) subsidiaries.
The Group ranks first in the construction industry in Algeria and eleventh in Africa (according to Jeune Afrique). It is also an activity of 87 billion dinars and more than 28,500 employees until the end of the 2013 financial year.
These performances are the result of a keen sense of organization and rigor, it is It is also the result of a strong corporate culture which has made it possible to bring together the best talents to form teams of highly motivated employees.