LA RIBA, Spain, Aug 28, 2014 (Press Release) - Spanish tissue manufacturer Gomá-Camps has opened its new subsidiary in Morocco. Its international expansion responds to the search for sustainable growth in sales volumes in other next to existing enterprise markets.
Goma‐Camps has identified Africa as one of the regions of the world that has experienced a fast economic growth in recent years.
In particular, Morocco has improved in terms of business climate, quality of life, sustainable economic growth and foreign investment. The World Bank is expected to increase the growth rate of the Moroccan economy to more than 5% from the 2014.
The group already has an Angolan subsidiary which is producing and selling tissue products in the country.