Cairo – Mubasher: Egypt Aluminum has awarded Consulting Engineering Group (CEGMAN) a contract to develop a feasibility study for the implementation of a new car wheel rim production line.
The company will start procedures to sign the contract with CEGMAN, according to a bourse disclosure on Sunday.
During the first nine months of FY20/21, Egypt Aluminum suffered net losses of EGP 347.72 million, down from EGP 1.02 billion in the corresponding period a year earlier.
