WOLFFKRAN for Equipment launches in Riyadh to meet Saudi Arabia's soaring construction demand

26.01.2024 | News

In response to the flourishing construction landscape in the Kingdom of Saudi Arabia, WOLFFKRAN for Equipment proudly announces the establishment of its latest venture, prepared to become a key player in the equipment rental and services sector. Headquartered in Riyadh, the company is set to offer comprehensive solutions, including rental and services throughout the entire Kingdom.

Tariq Al-Sawaie, a seasoned Mechanical Engineer, assumed the role of General Manager at WOLFFKRAN on October 1, 2023. With a wealth of experience gained from his tenure at House of Equipment – ​​Arabtec Subsidiary and other prominent rental companies across the Middle East and North Africa (MENA) region, Tariq brings invaluable expertise to lead WOLFFKRAN for Equipment into a position of prominence.

The timing of this venture strategically aligns with the Kingdom's ongoing building boom, marked by an impressive USD 56 billion worth of projects currently in the pipeline. Projections indicate this figure will surge to over USD 90 billion by 2029. WOLFFKRAN for Equipment has already tendered projects for an impressive fleet of 90 tower cranes, with new tenders pouring in daily.

We would like to take this opportunity to thank Mirijam Balde (Manager - Legal & Taxes) for her relentless work in formally establishing and obtaining the governmental registrations for our new company.

As WOLFFKRAN for Equipment embarks on this exciting journey, the company extends its appreciation to Mirijam Balde and wishes Tariq Al-Sawaie the best of luck in steering this new venture towards becoming a leading service provider in Saudi Arabia's rapidly evolving construction market. With a commitment to excellence and a focus on meeting the dynamic needs of the burgeoning industry, WOLFFKRAN for Equipment stands ready to play a pivotal role in shaping the skyline of the Kingdom of Saudi Arabia.