Compagnie de Transports au Maroc

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Compagnie de Transports au Maroc (or CTM) is a Morocco transport company. It was established in 1919 and is thus the oldest Moroccan public transport company.

[edit] History

The company began as a private company before being sold to the Moroccan government after independence in 1956. In 1993, under the campaign of privatisation in Morocco, the company was floated on the Casablanca Stock Exchange.

[edit] Corporate Information

The company's board consists of Mohamed Bouda (President), Othman Benjelloun, Saâd Bendidi, Sebastien Castro, Mohamed Yassine, Sidi Mokhtar Joummani, Sidi Salah Joummani and Abdellatif Jouahri.[1]In 2002 CTM's revenue totaled 245.6 million dihrams.[2]CTM's European partners include Eurolines Belgium (Epervier), Eurolines France S.A, Deutsch Touring, SITA, Sadem, Lazzi (Eurolines Italy), CLP, Julia (Eurolines Spain), Linebus and Alsa.[3]Currently CTM serves over 100 domestic destinations and more than 80 international destinations in Spain, France, Belgium, Italy, Germany and the Netherlands.[4]