Saudi Arabia (KSA) has experienced rapid economic growth and is on a further way of generating prosperity and development for the country. The projects among the Vision 2030 are good examples of that.
On Tuesday, May 21st, the Statron Group achieved a major milestone by partnering with ISG (Part of AK Holding) to establish a local production facility for UPS systems in the Kingdom of Saudi Arabia.
ISG (isg.com.sa), the Industrial Systems Group, is an affiliate of Al Abdulkarim Holding. ISG has been at the forefront of providing quality equipment and devices for various industrial facilities in the oil & gas industry, power & water utilities and manufacturing facilities. ISG was established in 2008 and is headquartered in Dammam.
The Al AbdulKarim Holding (AKH) was established 50 years ago and is today a leader in the supply of petrochemical, electrical, IT, communication, instrumentation, automation & control, piping, oilfield supplies and engineering equipment in the Middle East (ME). AKH (akh.com.sa) is headquartered in Dammam and has developed a network of branches throughout the ME region. AKH is the Gulf’s largest distributor of electrical, electromechanical, telecommunication, and oilfield components and equipment.
For more than 45 years, Statron has been THE partner for high-quality and highly reliable uninterruptable power supply (UPS) solutions and battery systems. More than 30’000 UPS and battery systems have been successfully delivered, and installed, and are in operation at more than 3’000 clients in more than 100 countries. This success is based on traditional Swiss values that focus on technical excellence and quality in all areas of operation.
Statron has an extremely large installed base throughout the ME region. The Kingdom of Saudi Arabia is an important market for Statron, especially in the areas of oil & gas, water, energy, infrastructure, and power applications.
The new local production, based on the cooperation agreement between ISG and Statron, is aimed to strengthen Statron’s presence in the market, being closer to the customer in the Kingdom and fulfilling the country’s IKTVA (In-Kingdom Total Value Added) requirements.
The negotiations between Statron and ISG were intense but ultimately productive, culminating in the signing of the final contract at a ceremony at the AKH Tower in Dammam.
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