Global manufacturer Roxtec launches Saudi Arabian company

SourceSaudi Gazette
CountrySaudi Arabia

ALKHOBAR — Swedish-headquartered Roxtec is launching its subsidiary, Roxtec Saudi Arabia, building on more than 20 years of trading in the Kingdom. The company will be headquartered in the port city of Al Khobar in Eastern Saudi Arabia on the Arabian Gulf.Roxtec Saudi Arabia Director of Middle East Operations Firas Kafafi said setting up the KSA subsidiary was a ‘natural progression’ with Roxtec keen to fully support the government’s Vision 2030 and ‘In Kingdom Total Value Add’ (IKTVA) programs.“Saudi Arabia is a key market for Roxtec,” he said. “We know the country very well and now is the right time to set up a company here with the support of long- standing well known KSA customers.“We understand the Kingdom is evolving and Roxtec Saudi Arabia can now play its part in the economic development and diversification agenda by investing here long term, employing local people and growing our local supply chain.“This outlook fits well with Roxtec’s ethos to be ‘globally local’ — showing passion and knowledge for the countries where we work. more...