Societe Tunisienne des Marches de Gros SA
BBVMT:MGR21.00
TND
+0.10
(+0.48%)
Societe Tunisienne des Marches de Gros SA
BVMT:MGR
(Tunis Stock Exchange)
Recent
price
21.00
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ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Société Tunisienne des Marchés de Gros SA (SOTUMAG) is a Tunisia-based public commercial enterprise primarily engaged in the management, administration, and operation of wholesale food and agricultural trading facilities. Founded in 1980 and headquartered in Bir Kassaâ, Ben Arous, Tunisia, the company operates under the oversight of the Tunisian Ministry of Commerce and acts as the managing body of the Bir Kassaâ National Wholesale Market, the country's central trading hub for perishable foodstuffs spanning approximately 50 hectares. The company's business operations and service offerings comprise wholesale trading infrastructure management; commercial real estate leasing, including sales stalls, pavilion spaces, packaging areas, administrative offices, and refrigerated cold storage facilities; agricultural commodity handling and logistical support services, including vehicular access control, weighbridge operations, loading and unloading coordination, and market security; hygiene, sanitation, and veterinary inspection support; and market intelligence and clearing services, encompassing wholesale transaction fee administration, volume monitoring, and commodity price recording across key product segments including fresh vegetables, fruits, seafood and fish, dates, and other agricultural foodstuffs. SOTUMAG serves domestic agricultural producers, farming cooperatives, licensed wholesalers, commercial intermediaries, and food retail distributors across Greater Tunis and national supply networks. In recent developments, SOTUMAG has implemented infrastructure modernization programs at the Bir Kassaâ market, including the rehabilitation of water drainage networks, facility sanitation upgrades, and organic waste valorization initiatives. The company has also advanced the digital transformation of its market information systems to enhance transaction transparency and facilitate real-time commodity price dissemination. Furthermore, SOTUMAG has strengthened its corporate governance through recent board member cooptations representing key institutional shareholders, including the Office du Commerce de la Tunisie and the Cooperative of Market Handlers, while sustaining solid financial performance and balance sheet liquidity.