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BOMARE COMPANY announces an industrial partnership with SAIEG SPA, a SONELGAZ subsidiary, for the local production of electronic boards intended for professional use
Algiers, October 27, 2025. As part of its industrial and technological development strategy, BOMARE COMPANY announces the establishment of an industrial partnership with SAIEG SPA, a subsidiary of SONELGAZ, a company recognized in the field of electronic engineering and industrial solutions. This collaboration is part of the ongoing efforts of both companies to strengthen their industrial integration and diversify their activities through the production of electronic boards intended for professional applications. It also reflects a broader cooperation approach between public and private Algerian economic players, aimed at enhancing national capabilities and consolidating the country’s industrial fabric in line with public policy orientations. Through this partnership, BOMARE COMPANY reinforces its position as a key player in the Algerian electronics industry and continues its commitment to providing economic operators with industrial solutions that meet international standards, while promoting local value creation and supporting the momentum of national production. This new initiative is fully aligned with BOMARE COMPANY’s vision for sustainable growth, based on the development of local production and the consolidation of a strong, integrated, and competitive Algerian industry—capable of ensuring long-term growth and actively contributing to the country’s economic development.
BOMARE COMPANY announces the end of its collaboration with LG Electronics Algeria in the field of television manufacturing
After more than a decade of fruitful collaboration, BOMARE COMPANY announces the end of its industrial partnership with LG Electronics, initiated on June 5, 2013, and focused on the manufacturing of LG televisions within BOMARE COMPANY’s production facilities. This decision, made by mutual agreement, results from differing strategic directions and growth dynamics between the two companies, each pursuing its own vision for development and market positioning, both nationally and internationally. Throughout these twelve years of cooperation, BOMARE COMPANY and LG Electronics have maintained an exemplary relationship built on trust, performance, and the transfer of technological know-how. This collaboration has significantly contributed to the growth of the national electronics industry and the upskilling of local teams. Continuing its journey, BOMARE COMPANY is now entering a new phase of growth marked by the launch of new production units and the expansion of its product range. The company is implementing a strategy that combines horizontal development, through the diversification of its product portfolio, and vertical development, by increasing its rate of industrial integration. This dual approach will strengthen its competitiveness and ensure a sustainable presence in international markets. True to its core mission, BOMARE COMPANY continues to pursue its ambition of being a leader in the electronics industry by promoting innovative, high-performance, and nationally produced technology that meets global standards. Since its creation, BOMARE COMPANY has embraced a vision that extends beyond Algerian borders. This international outlook has made it the first Algerian company to export televisions to the European market, a tangible recognition of its expertise, product quality, and ability to adapt to global market requirements. The end of this collaboration thus marks the beginning of a new chapter in BOMARE COMPANY’s journey, one driven by a steadfast commitment to innovation, excellence, and active contribution to the country’s industrial development.
BOMARE COMPANY, strong ambitions for export at IFA 2025 Berlin
BOMARE COMPANY, one of Algeria’s leading manufacturers of electronic products, announces its participation in the 101st edition of the IFA Messe Berlin trade fair, taking place from September 5 to 9, 2025, in Germany. Recognized as the No. 1 international trade fair in Europe, IFA is a key opportunity for the company to strengthen its position in the European market. With a brand-new state-of-the-art factory in Blida, designed according to Industry 4.0 standards, BOMARE COMPANY is ready to take on new challenges. This 50,000 m² facility has a production capacity of 3 million televisions per year, ranging from 32’’ to 85’’. The project has also generated 1,800 direct jobs, demonstrating the company’s commitment both to growth and to local job creation. Through this participation, BOMARE COMPANY has set an ambitious target: achieving $300 million in export revenue with a local integration rate exceeding 50%. Since 2007, BOMARE COMPANY has been exporting its products under its commercial brand STREAM to the European market, with a stable presence since 2015. The company already serves more than 10 countries, including Spain, Portugal, Belgium, Italy, France, Germany, Sweden, Poland, Denmark, and the Netherlands. BOMARE COMPANY’s export strategy leaves nothing to chance. The company has carried out an in-depth analysis of the European market, which alone absorbs more than 35 million televisions annually and generates $31.5 billion in revenue. With this in mind, BOMARE COMPANY aims to capture 10% of this market. IFA 2025 will therefore be the occasion for BOMARE COMPANY to showcase its innovations and consolidate its partnerships, while demonstrating its ambition to become a major player in the global electronics industry. BOMARE COMPANY will take part in the 101st Edition of IFA Messe Berlin, held from September 5 to 9, 2025, in Germany. The company’s goal through this participation is to achieve $300 million in export revenue with an integration rate exceeding 50%. To achieve this, BOMARE COMPANY has invested in a new factory in Blida, designed to Industry 4.0 standards, covering 50,000 m² of production and storage space, with a capacity of 3 million TVs per year, ranging from 32’’ to 85’’, while creating 1,800 direct jobs – further strengthening its position and export ambitions. For reference, the European market alone absorbs over 35 million televisions annually, generating $31.5 billion in revenue. BOMARE COMPANY aims to capture a 10% market share. Our decision to expand into the European market is not a random step but the result of thorough planning and a well-defined export strategy. Come meet us at IFA Messe Berlin 2025! Visit us at Stand 121, Hall 22 for an unforgettable experience. With over 1,800 exhibitors and 215,000 visitors from 138 countries (62% of them B2B professionals), this is the event you don’t want to miss!
















