| Introduction |
A contract has been signed on 07-08-2022 between Wafrah for Industry and Development Company and GEA Food Solutions, whereby GEA Food Solutions manufactures and supplies highly automated lines for processing and packaging frozen and cooked meats for Wafrah for Industry and Development Co in its endeavor to upgrade its plants. GEA which is a German company is known to rank among the biggest and best companies worldwide in manufacturing Food lines and plants with the highest standards of quality |
| Date of Announcement of the Award |
2022-08-07 Corresponding to 1444-01-09 |
| Contract Subject Matter |
Manufacturing and supplying automated lines for processing and packaging frozen and cooked meats |
| Date of Signing the Contract |
2022-08-07 Corresponding to 1444-01-09 |
| Contract Value |
Euro 3,978,817 |
| Contract Details |
The contract includes supplying highly automated lines for preparation, processing and packaging of different types and pack sizes of Nuggets and Burgers, and supply of slicing and packaging line for meat and sausages. This is one step in a series of steps to be carried out by Wafrah company to upgrade its Meat Factory in order to take a leading position in this industry |
| Contract Duration |
Nine months from signing of the contract |
| Financial Impact and the Relevant Period |
Upgrading production capacity and companies revenue starting from the second half of 2023 |
| Related Parties |
None |
