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Steel industry waste in Algeria: what the SNRV and BK Investment protocol provides

Published on Algerian Radio

According to Radio Algerienne, SNRV and the Slovak company BK Investment signed a memorandum on treating and recovering steel industry waste.

In short

According to Radio Algerienne, citing a communique of the SNS holding group, SNRV and the Slovak company BK Investment signed a memorandum of understanding. It covers the treatment and recovery of waste from the steel industry.

Key points

  • Memorandum of understanding between SNRV and the Slovak company BK Investment.
  • Subject: treatment and recovery of steel industry waste.
  • Signed on Sunday at the headquarters of the SNS holding group.
  • Reported by Radio Algerienne, based on a communique of the SNS group.

What the dispatch says

Radio Algerienne reports that a communique of the national iron and steel holding group SNS announces the signing of a memorandum of understanding.

The parties are the Société nationale de récupération et de valorisation (SNRV) and the Slovak company BK Investment. The memorandum covers the treatment and recovery of waste from the steel industry.

Who is concerned

According to the dispatch, two companies are parties to the memorandum: SNRV and BK Investment. It was signed on Sunday at the headquarters of the holding group.

Stated purpose

According to the communique cited by Radio Algerienne, the cooperation aims to develop a project to treat and recover this waste. It is also presented as a way to promote the circular economy.

For foreign investors

According to Radio Algerienne, a Slovak company, BK Investment, is party to the memorandum with SNRV. It concerns a project to treat and recover steel industry waste.

Frequently asked questions

Who signed the memorandum on steel industry waste?

According to Radio Algerienne, SNRV and the Slovak company BK Investment signed it. The signing took place at the headquarters of the SNS holding group.

What does the SNRV and BK Investment memorandum provide?

According to Radio Algerienne, it covers the treatment and recovery of waste from the steel industry. The cooperation aims to develop a project in this field.

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