Spanish group satisfied over its investments in Morocco

Spanish Mondragon group, which has two affiliates in Morocco, voiced satisfaction over its investments in Morocco.

Mondragon's international operations director, Jesus Maria Herrasti, announced that his group intends to consolidate and diversify its action in Morocco.

Mondragon's two branches in Morocco are Fagor, specialized in making house appliances, and Irizar, which assembles buses.

Herrasti --who met with Moroccan industry, trade and handicraft minister Alami Tazi-- said that the two branches will also try to export some of their products to Spain and Europe.