12 Hrs
Source:
الاقتصادية
Reinhausen invests €10M in Saudi generator plant
Reinhausen, a German company, plans to establish an industrial facility in the Eastern Region of Saudi Arabia with an investment of approximately 10 million euros until 2030. The aim is to meet the demand for electrical transformers in Saudi Arabia and the Northern Gulf. The facility will include manufacturing, testing, logistics, storage, and engineering activities, with the goal of localizing the assembly and testing of energy technology products—especially under-load tap changers and control systems. The initiative focuses on increasing local content to over 30% by 2030, providing high-level engineering and technical jobs, transferring knowledge, and developing Saudi suppliers. This aligns with the Saudi Vision 2030 plans to strengthen the region’s energy infrastructure.
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