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الاقتصادية
Rinhausen invests 10M euros in Saudi generator plant
The German company "Reinhausen" will establish a factory in the Eastern Province of Saudi Arabia with an investment of up to 10 million euros, aiming to meet the demand for electrical transformers in Saudi Arabia and the Gulf by 2030. The factory will focus on supporting manufacturing operations, testing, storage, and technical services, with a goal to localize more than 30% of the product content and create approximately 80 long-term jobs. Assembly, testing, and storage operations will begin locally starting in 2027, as part of a plan to develop local suppliers and transfer knowledge, to support the Saudi energy market and bolster the region's energy infrastructure transformation.
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