{"id":14439,"date":"2024-06-25T16:38:00","date_gmt":"2024-06-25T14:38:00","guid":{"rendered":"https:\/\/www.fecs.it\/2024\/06\/radiatori-2000-s-p-a-and-condor-electronics-the-italo-algerian-joint-venture-was-presented-in-algiers\/"},"modified":"2025-09-09T14:18:57","modified_gmt":"2025-09-09T12:18:57","slug":"radiatori-2000-s-p-a-and-condor-electronics-the-italo-algerian-joint-venture-was-presented-in-algiers","status":"publish","type":"post","link":"https:\/\/www.fecs.it\/en\/2024\/06\/radiatori-2000-s-p-a-and-condor-electronics-the-italo-algerian-joint-venture-was-presented-in-algiers\/","title":{"rendered":"Radiatori 2000 S.p.A. and Condor Electronics: the Italo-Algerian joint venture was presented in Algiers"},"content":{"rendered":"\n<p><strong>The Board of Directors of Radiatori 2000 S.p.A. is proud to announce that today, at the International Fair of Algiers, the new joint venture &#8220;VIVAL&#8221; between Radiatori 2000 and Condor Electronics was presented.<\/strong> Condor Electronics is a leading Algerian conglomerate in the production of home appliances, with a turnover of 1.4 billion.<\/p>\n\n<p><strong>The main objective of this collaboration will be the production of die-cast radiators for domestic heating using recycled aluminium, combining Radiatori 2000&#8217;s manufacturing expertise with Condor Electronics&#8217; distribution network.<\/strong><\/p>\n\n<p>The collaboration stems from the need to have a strong and consistent presence in the North African market, where the government is implementing a large-scale housing investment plan.<\/p>\n\n<p>This partnership represents not only an opportunity for both companies to expand their markets but also a model of international integration and cooperation that can have a significant impact on the industry and the environment of the individual nations.<\/p>\n\n<p>For Radiatori 2000, this joint venture represents a unique opportunity to expand its market while advancing its sustainability mission on a global scale.<\/p>\n\n<p>Direct access to the Algerian and African markets will enable our company to reach new customers, increasing sales through a product range focused on low prices and a careful strategy of product and sales channel differentiation. This will apply to the 100% Made in Italy production, which will remain at the Ciserano site and can be expanded to markets that currently do not demand high-end products.<\/p>\n\n<p><strong>The joint venture between Radiatori 2000 and Condor Electronics is a perfect example of how two companies from different countries can come together to create added value not only for their customers but also for the environment and society<\/strong>: a model of integration and sustainability that could inspire other companies to follow the same path, demonstrating that it is possible to reconcile economic goals with environmental and social responsibilities.<\/p>\n\n<p>A unique opportunity for our company to seize, offering all of us greater and longer growth prospects, propelling us toward a more certain and prosperous future, making it \u2013 from today \u2013 an international reality.<\/p>\n\n<p><a href=\"\/wp-content\/uploads\/2025\/02\/Comunicato-istituzionale-JV_25062024.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Here<\/a> you can view the full press release.<\/p>\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-full\"><img data-dominant-color=\"ad8e69\" data-has-transparency=\"false\" style=\"--dominant-color: #ad8e69;\" loading=\"lazy\" decoding=\"async\" width=\"874\" height=\"874\" data-id=\"14220\" src=\"https:\/\/www.fecs.it\/wp-content\/uploads\/2024\/06\/1-png.webp\" alt=\"\" class=\"wp-image-14220 not-transparent\" srcset=\"https:\/\/www.fecs.it\/wp-content\/uploads\/2024\/06\/1-png.webp 874w, https:\/\/www.fecs.it\/wp-content\/uploads\/2024\/06\/1-600x600.webp 600w\" sizes=\"auto, (max-width: 874px) 100vw, 874px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-dominant-color=\"b69979\" data-has-transparency=\"false\" style=\"--dominant-color: #b69979;\" loading=\"lazy\" decoding=\"async\" width=\"874\" height=\"874\" data-id=\"14221\" src=\"https:\/\/www.fecs.it\/wp-content\/uploads\/2024\/06\/2-png.webp\" alt=\"\" class=\"wp-image-14221 not-transparent\" srcset=\"https:\/\/www.fecs.it\/wp-content\/uploads\/2024\/06\/2-png.webp 874w, https:\/\/www.fecs.it\/wp-content\/uploads\/2024\/06\/2-600x600.webp 600w\" sizes=\"auto, (max-width: 874px) 100vw, 874px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-dominant-color=\"6a5f56\" data-has-transparency=\"false\" style=\"--dominant-color: #6a5f56;\" loading=\"lazy\" decoding=\"async\" width=\"1600\" height=\"1200\" data-id=\"14224\" src=\"https:\/\/www.fecs.it\/wp-content\/uploads\/2024\/06\/3-jpg.webp\" alt=\"\" class=\"wp-image-14224 not-transparent\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-dominant-color=\"6a6058\" data-has-transparency=\"false\" style=\"--dominant-color: #6a6058;\" loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"1600\" data-id=\"14219\" src=\"https:\/\/www.fecs.it\/wp-content\/uploads\/2024\/06\/4-1-jpg.webp\" alt=\"\" class=\"wp-image-14219 not-transparent\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-dominant-color=\"6b5f4e\" data-has-transparency=\"false\" style=\"--dominant-color: #6b5f4e;\" loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"1600\" data-id=\"14225\" src=\"https:\/\/www.fecs.it\/wp-content\/uploads\/2024\/06\/5-jpg.webp\" alt=\"\" class=\"wp-image-14225 not-transparent\"\/><\/figure>\n<\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The Board of Directors of Radiatori 2000 S.p.A. is proud to announce that today, at the International Fair of Algiers, the new joint venture &#8220;VIVAL&#8221; between Radiatori 2000 and Condor Electronics was presented. Condor Electronics is a leading Algerian conglomerate in the production of home appliances, with a turnover of 1.4 billion. The main objective [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14217,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[319],"tags":[],"group_company":[390],"class_list":["post-14439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-unit-en","group_company-radiatori-2000-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Radiatori 2000 S.p.A. and Condor Electronics: the Italo-Algerian joint venture was presented in Algiers | FECS Group<\/title>\n<meta name=\"description\" content=\"The Board of Directors of Radiatori 2000 S.p.A. is proud to announce that today, at the International Fair of Algiers, the new joint venture &quot;VIVAL&quot;\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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