GHENOVA AND ALSUWAIKET RATIFY THEIR AGREEMENT FOR THE DEFINITIVE INCORPORATION OF THEIR COMPANY

– The Executive Director AlSuwaiket Group, Khalid AlSuwaiket, visited the Ghenova Group headquarters in Seville where the signing ceremony took place.

– With this definitive alliance and after several months of work, the engineering multinational is evaluating new cooperation projects in the Saudi market.

Seville. October 08, 2024. Ghenova, an engineering multinational with 40 years of experience in the sector, ratifies its strategic agreement with AlSuwaiket with the definitive incorporation of its company. This commitment aims to strengthen the collaboration between both companies and expand the presence of the Spanish company in the growing Arab market.

The agreement was signed by the CEO of Ghenova, Francisco Cuervas, and the Executive Director of AlSuwaiket Group, Khalid AlSuwaiket, during his visit to the company’s headquarters in Seville. After several months of work on this alliance, whose framework agreement was signed last February at the World Defense Show held in Riyadh, it will allow Ghenova to participate in new collaboration projects in different sectors such as naval and defense, energy, oil and gas and digital, as well as the exchange of knowledge, experience and resources.

“We are very excited to partner with AlSuwaiket Group as we believe that this collaboration will open up new opportunities for both parties,” said Ghenova CEO Francisco Cuervas, who explained that “the combination of our experience in the sectors in which we operate and AlSuwaiket’s in-depth knowledge of the local market will allow us to offer innovative solutions tailored to our customers’ needs.”

For his part, Khalid AlSuwaiket commented that “this agreement represents an important step in our expansion strategy and we are committed to working together to achieve common goals” and noted that our agreement with Ghenova is in line with our mission to achieve excellence and high-level efficiency”.

ABOUT GHENOVA

GHENOVA is an engineering company that works internationally offering multidisciplinary engineering and consulting services. It works in different business lines: Naval, Defense and Security; Energy, Industry and Water; Digital Transformation and Cybersecurity and Infrastructure and Ports. Its commitment to diversification, synergy between its business areas and continuous innovation, places them among the leading engineering companies in Europe and Latin America.

The company currently employs more than 1,000 professionals, 80% of whom are engineers, at 18 sites in 9 different countries. In Spain, the offices are located in Madrid, Ferrol, Las Palmas, Vigo, Bilbao, Gijón, Puerto de Santa María, Cartagena, Córdoba and Seville, where the company’s headquarters are located. In the rest of the world, it has 7 more offices in Brazil, Colombia, Bolivia, USA, Australia, South Korea, UK and recently Saudi Arabia.

ABOUT ALSUWAIKET

It is currently one of the most prestigious and oldest groups in the Kingdom of Saudi Arabia with participation in key areas of the economy. Its goal, and in line with the 2030 vision, is to achieve the highest standards of productivity and services, always innovating and acquiring new capabilities.

AlSuwaiket, headquartered in AL Khobar, Saudi Arabia, over the decades has established itself as a reliable and committed company, supporting its customers in various sectors such as Oil & Gas, Engineering, Logistics, Retail, Retail, Catering, Real Estate, Construction, IT, Education, Healthcare and Hospitality. AlSuwaiket maintains a development policy that reflects its Group’s mission: to achieve excellence and a high level of efficiency in all areas by creating great value for its customers based on the highest degree of performance and quality.

GHENOVA Y ALSUWAIKET RATIFICAN SU ACUERDO PARA LA CONSTITUCION DEFINITIVA DE SU SOCIEDAD scaled