Categories: Economy Morocco Morocco News

German Electronics Giant Opens Casablanca Subsidiary

Phoenix Contact, the world leader in industrial electrical and electronic technologies, has just created a subsidiary in Casablanca.

Rabat – After taking part in the Elec Expo 2017, organized annually in Casablanca by the National Federation of Electricity and Electronics (FENELEC), the German giant Phoenix Contact has decided to launch a subsidiary in Morocco.

Phoenix Contact, specialized in electrical and electronic industrial technologies, has established its subsidiary, called Phoenix Contact Morocco (PCM), in Sidi Maârouf, Casablanca.

PCM is the second African subsidiary after that of South Africa. Its objective is to commercialize the products and solutions of its parent company for a wide range of economic sectors (infrastructure, energy, water supply, rail transport, automobile, and food industry).

The German group, whose beginnings were in Essen in North Rhine-Westphalia (West Germany), was able to develop impressive know-how in the design and manufacture of various electrical components and systems.

The group, with a solid turnover of €2.4 billion in 2018, employs more than 17,000 employees in more than 50 subsidiaries around the world. 

PCM, with a capital of MAD 2.7 million, has started its campaign for the recruitment of technical-sales agents in order to be fully operational by the end of 2019.