UAE group Farnek secures key FM contracts in Q1

UAE group Farnek secures key FM contracts in Q1

Leading UAE-based smart and green facilities management company Farnek has secured a raft of FM contracts, valued at more than AED131 million in Q1 2021, of which AED101 million is new business. The contracts involve a broad spectrum of FM disciplines, covering both hard and soft services, as well as hotel management, a new division that Farnek has only recently launched. All of these contracts vary in length from one to three years and in total Farnek is mobilising 860 extra members of staff to service these new and renewed contracts, said the statement from the company. Some of the major contract wins include housekeeping and hotel management operations for Expo Village, trolley management and MEP services at Dubai International airport, as well as cleaning services for Nakheel's new Circle Mall in JVC and providing security for the National Petroleum Construction Company.CEO Markus Oberlin said: "Almost 30% of these contracts were awarded to us from organisations based in Abu Dhabi, which underscores our growing presence and reputation in the UAE capital. Another pleasing aspect of our Q1 2021 contract wins was the broad scope of work we were entrusted with, including our very first hotel management contract, which was for