BOMARE COMPANY increases its benefits and its share capital

BOMARE COMPANY, the Algerian company which is active in the electronic industry sector since 2001 under its Stream System trademark, has signed a solid 2018/2019 financial year by successfully increasing its share capital, while achieving at the same time a very good operational result.

Indeed, the overall result of the year 2018 was positive, BOMARE COMPANY integrate 100% of its benefits to its share capital, which rose from 845,839,000 DZD previously to 1.023 million DZD currently.

Recalling that the result of the 9th participation of BOMARE COMPANY at IFA 2019 has been successful, the Algerian company is finalizing a contract with a major German distributor for the distribution of its TV Stream System on the German market, a market which today counts among the most important markets of Europe and which consumes currently 15 million TVs per year. The signature of this export contract to the German market will be accompanied by the opening of an after sales-service in Germany.