A Story That Begins Before Economic Independence
Some groups are born of an opportunity and others of a necessity. Madar Holding belongs to the second category. Born from the restructuring of the Société Nationale des Tabacs et Allumettes (SNTA), the group was able to transform an industrial legacy into something greater: a multisectoral ambition, a cross-sector vision, and a presence in the daily life of Algerians that few holdings can claim.
Today, Madar is no longer a mere industrial group. It has become an economic player in its own right, with a clear investment logic, a portfolio of integrated subsidiaries and a philosophy that distinguishes two levels of intervention: direct strategic investment in sectors where national sovereignty is at stake, and the financing of the productive economy through ICOSIA, its venture-capital company dedicated to SMEs.
