Home / Finance & Economy / Alten’s ambition is to reach 1,000 employees by 2020

Alten’s ambition is to reach 1,000 employees by 2020

A few months after the inauguration of its engineering site in Rabat, the French group Alten gives itself the means of its new ambitions in Morocco.

Leader in the engineering and outsourced R&D, Alten has just tripled the capital of its subsidiary Alten Delivery Center Morocco (ADCM) based in Fez Shore (the technological park of the country’s spiritual capital) and dedicated to Automotive Embedded Systems and aeronautics, raising it by more than 8 million dirhams.

This recapitalization aims to support the dazzling development of this subsidiary created in 2008 and which has known a timid evolution until 2017, when the group based in Boulogne-Billancourt (near Paris) decided to launch in Morocco an ESO ecosystem (Engineering Services Outsourcing) mainly oriented towards the automotive sector, which has created an additional 356 jobs in 2018 (split between the sites of Fez and the more recent one of Rabat Technopolis), a multiplication of the workforce by 2.8 in the space of a year!

The opening of new branches in several technology parks in the country should allow the Alten Group to exceed 1,000 employees in Morocco by 2020. In this perspective, several training and recruitment actions have been implemented by the management of ADCM including a partnership of “excellence” with the University Sidi Mohammed Ben Abdellah of Fes and the Euro-Mediterranean University of Fes (UEMF) where a new building dedicated to practical engineering work of the Faculty of Technical Sciences has sponsored and named “ALTEN TECHNOPOLE”.

Recall that the Alten Group has 14,000 employees worldwide. Its turnover of 2.27 billion euros (nearly 25 billion dirhams) is achieved at more than 50% abroad (mainly in Europe excluding France) while the automotive sector alone provides more than 20 %. As for its market capitalization, it exceeds 3.7 billion euros (more than 40 billion dirhams).

Check Also

Proma inaugurates its plant in Kenitra

Proma Group inaugurates a second factory in Morocco. Located in Kenitra, this site required an …

Leave a Reply