Who is Othman Ktiri, the businessman from Mallorca who has distributed a million euros among his employees?

Born in Casablanca and 1979 e Agricultural engineer deformation, Othman Ktiri, the businessman from Mallorca who has given one million euros to his employees, is the founder and CEO of the automotive company Ok Mobility, based in Mallorca, dedicated to the sale and rental of cars and with a turnover of 294 million euros in 2020.

After a few beginnings as a commercial for a dealership, in 2005 he decided to take the big leap and found his own car distribution company, named Logic Auto, germ of what is today its current multinational company, with more than 450 employees and offices in seven countries.

“We have been building a disruptive and integrated business model for almost two decades -buying, renting and selling- that allows us to control the entire life cycle of the vehicle 100%, from its acquisition from manufacturers and suppliers to its commercialization and sale. And, in the middle of this process, we rent them ourselves or offer them as a subscription product“, explained last May to Mallorca newspaper.

Ktiri confesses “lucky to live in paradise, Mallorca“, the place where he founded and where he has seen his company grow. He considers his employees, to whom he gave one million euros last Friday for “historical results” of the last financial yearThe, “his great family, the one that is chosen”. He defines himself as a “in love with sports, fishing and travel”as well as a person “in constant search of innovative ideas that promote a change in our society and contribute to making this world a better place. The ambition -underlines- it is a virtue if it is accompanied by values ​​”.

Related news

Among the sponsorships of the company, Ok Mobilit, has already a long history accompanying Real Mallorca as a partner. “The relationship goes beyond the same Mallorcan origin”, the businessman explained. “We share sporting and human values. OK Mobility, like Real Mallorca, has demonstrated in recent years its ability to adapt to changes, which has been accompanied by progressive and constant growth. It is this Mallorcan feeling that we share with the club that moves us to support a team of primera”.