Omnium nord Africain
Encyclopedia
The ONA Group was established in 1934.
ONA is an industrial, financial and services group, strongly focused on positions of leadership and value creation in business activities contributing to the growth and sustainable development of Morocco, the Maghreb Region and the African Continent.
ONA Group is structured around Strategic Domains of Activities: Mining, Agribusiness, Distribution, Financial Services, Telecommunication, Renewable Energies, and Growth Drivers, etc. The group promotes various cultural programs, local and foreign arts and artists.
On March 2010, ONA announced its merger with Societe Nationale d'Investissement
(SNI). As a result of the merger between SNI and ONA, the two companies, along with their subsidiaries, have been delisted from the Casablanca stock market, pending the formation of a new investment holding company. This reorganisation will transform the conglomerate into an investment company that gives larger autonomy to its subsidiaries in the management of their affairs, except for some large–scale projects.
ONA is an industrial, financial and services group, strongly focused on positions of leadership and value creation in business activities contributing to the growth and sustainable development of Morocco, the Maghreb Region and the African Continent.
ONA Group is structured around Strategic Domains of Activities: Mining, Agribusiness, Distribution, Financial Services, Telecommunication, Renewable Energies, and Growth Drivers, etc. The group promotes various cultural programs, local and foreign arts and artists.
On March 2010, ONA announced its merger with Societe Nationale d'Investissement
Societe Nationale d'Investissement
Societe Nationale d'Investissement or National Investment Company, is a large Moroccan holding company. The conglomerate registered a consolidated net income of MAD 2.3 billion in 2009, and holds stock in the ONA Group. In March 2010 the decision was taken to merge by the two companies, during a...
(SNI). As a result of the merger between SNI and ONA, the two companies, along with their subsidiaries, have been delisted from the Casablanca stock market, pending the formation of a new investment holding company. This reorganisation will transform the conglomerate into an investment company that gives larger autonomy to its subsidiaries in the management of their affairs, except for some large–scale projects.
See also
- Wana (Telecommunications)Wana (Telecommunications)Wana is the third main telecommunication company in Morocco. It was one of the early Internet service providers in Morocco. It started marketing its internet services representing the brand Wanadoo, thus the name Wana...
the third main telecommunication company in Morocco, a subsidiary of ONA.