Latest news with #HITEK
Zawya
25-03-2025
- General
- Zawya
Farnek composts over 290 tonnes of staff food waste in four years
Dubai, United Arab Emirates: Leading UAE-based smart and green facilities management (FM) company Farnek, has composted over 290 tonnes of staff food waste over the past four years, at an average of 200kg per day, at its state-of-the-art staff accommodation centre, Farnek Village, in Dubai. 'Food waste is always a topic of conversation during Ramadan and for good reason, but it is issue year-round. It is estimated that in the UAE 38% of prepared food is thrown out annually. Unfortunately, that percentage increases by 25% during Ramadan compared to other months,' said Muna Al Nahdi, Director - Sustainability & Consultancy at Farnek. Official figures indicate that food waste during Ramadan has increased from 2.7kg to 4.5kg per person per day, primarily due to excessive amounts of food prepared for Iftar and Suhour. The cost of this excess food is estimated at four billion dirhams a year, ranking the UAE as the fourth highest in the world per capita for discarded food. However, the increase in food waste making its way to landfill can be countered and Farnek's composter initiative is a prime example of how organisations can reduce their food waste, lower their carbon emissions and support the UAE's drive towards a net zero future. Farnek invested in a food composter with a capacity of 125 kilos which was commissioned to celebrate World Environmental Day in 2021. The machine processes all types of organic waste such as curry, roti, rice, bread, eggshells, chicken, mutton, fish, fish bones, chicken bones, fruit, fruit, vegetables, peelings and other kitchen waste. 'Food waste from the staff dining hall is emptied into the composting machine, which uses special microorganisms to break down and decompose the organic waste. The entire process reduces the original volume of waste by up to 90%, generating approximately between 12-25kg of nutrient-rich fertilizer,' commented Al Nahdi. Food waste in landfill emits methane gas during the decomposition process, which according to experts is 25 times more damaging to the environment than carbon dioxide (CO2). So, composting our food waste is an effective way of reducing our carbon emissions and harmful gases, as well as eliminating food disposal costs. 'Whilst serving meals to the 5,000 staff we have based at Farnek Village, we are also saving up to 400 kilos of carbon and around 200 kilos of food waste every day,' said Nahdi. Farnek has also advised other organisations about how to manage their food waste, including hotels, commercial offices and mega sports events, concerts and entrainment destinations with large food and beverage vendors. Farnek is currently supporting du to divert more than 50kg of food waste per day from its Dubai HQ and also diverted 7.6 tons of organic waste over four days from Zayed Sports City during the Coldplay concert earlier this year. Looking at the broader issue of waste management, Farnek through its sister company HITEK has also brought WASTEK to market – an AI-driven digital solution that can conduct waste audits, develop recycling programmes, assures regulatory compliance and monitors waste diversion performance, through data collection. -Ends- For more information, log on to About Farnek: Farnek is the leading provider of sustainable and technology-driven Facilities Management in the United Arab Emirates. Established in the UAE since 1980, Farnek Services LLC is a Swiss-owned independent total facilities management company. With a skilled workforce of more than 9,000 employees, Farnek delivers professional Facilities Management and security services across several sectors; Aviation, Hospitality, Banking, Retail, Shopping Malls, Telecom, Residential, Commercial, Infrastructure, Government, Education, Leisure and Entertainment. For media information, please contact: STEVEN JONES Managing Director E-mail: Indigo Icon Tower, Jumeirah Lakes Towers PO Box 502701 | Dubai, United Arab Emirates Website: A member of the ECCO Communications Network
ME Construction
17-03-2025
- Business
- ME Construction
Farnek achieved record sales revenue of over $18.63mn in 2024
Financial Farnek achieved record sales revenue of over $18.63mn in 2024 By Farnek was awarded more than 460 contracts, with over 1,500 additional members of staff, mobilised to sites across the UAE and Saudi Arabia, bringing their total headcount to over 9,000 Facilities management (FM) company Farnek has achieved record sales revenue in 2024, securing a host of new and retained contracts, valued at more than US $18.63mn. In total during 2024, Farnek was awarded more than 460 contracts, with over 1,500 additional members of staff, mobilised to sites across the UAE and Saudi Arabia, bringing their total headcount to over 9,000. According to Markus Oberlin, Group CEO at Farnek, '2024 was an outstanding year for new business development and contract retention. We managed to increase our market share in the UAE and in Saudi Arabia, through sectors such as energy, healthcare, aviation, hospitality, retail, commercial and residential property. Given the rapid growth in real estate development, demand for innovative AI-driven smart and green solutions will continue to drive the FM market throughout the GCC, as companies strive for automation, sustainability and cost efficiency.' Farnek has steadily increased its share of the Abu Dhabi FM market with new business wins totalling $64.8mn, which includes Khalifa Sport City, Etihad Airways Engineering and the Barakah Nuclear Power Plant. The firm also made considerable gains in the hospitality sector by winning multiple hospitality contracts valued at $19.4mn mobilising 450 staff. Security was another sector where Farnek gained multiple contracts valued at over $6.75mn, from major companies such as GMG, Aramex, MAG EYE, AZADEA, NAS 2 and MIZA Investments. Farnek's home maintenance company Hitches & Glitches, secured a significant contract with Emaar Hospitality to manage back of door services, for 14 Emaar Residence Towers featuring more than 7,000 apartments, as well as the contract for King's College Hospital and its clinics. Farnek's smart FM solutions company HITEK, has implemented its digital solutions at Sports Boulevard in Riyadh, with an additional contract for the mining company Maaden and has successfully developed and activated a community app for the MAG City development in Dubai plus a waste management agreement with du. 'HITEK also launched its Housekeeping Plus solution last year, a smart mobile application for the hospitality sector and its MEDTEK solution has been set up successfully and is already supporting more than 10,000 patients,' added Oberlin. Another achievement in 2024 was Farnek's support for the Burj Khalifa's successful LEED O+M Platinum Certification. Farnek has been providing MEP hard services for the world's tallest building since 2010. Farnek services a wide range of industry sectors and its scope of work includes a considerable number of contracts for total facilities management (TFM), as well as dedicated hard and soft services such as MEP, cleaning, maintenance, security and housekeeping, amongst others.
Mid East Info
20-02-2025
- Business
- Mid East Info
Farnek secures contracts worth over AED 690 million in 2024 - Middle East Business News and Information - mid-east.info
Market-leading FM company secures over 460 new and retained contracts throughout UAE and Saudi Arabia 1,500 additional staff mobilised across industry sectors such as hospitality, aviation, healthcare, events, retail and residential real estate Dubai, United Arab Emirates, February 2025: Leading UAE-based smart and green facilities management (FM) company Farnek achieved record sales revenue in 2024, securing a host of new and retained contracts, valued at more than AED 690 million. In total during 2024, Farnek was awarded more than 460 contracts, with over 1,500 additional members of staff, mobilised to sites across the UAE and Saudi Arabia, bringing their total headcount to over 9,000. According to Markus Oberlin, Group CEO at Farnek, the record amount of contract wins is a testament to Farnek's highly successful business strategy, which focuses on innovative, AI-driven and sustainable FM solutions. '2024 was an outstanding year for new business development and contract retention. We managed to increase our market share in the UAE and in Saudi Arabia, through sectors such as energy, healthcare, aviation, hospitality, retail, commercial and residential property. 'Given the rapid growth in real estate development, demand for innovative AI-driven smart and green solutions will continue to drive the FM market throughout the GCC, as companies strive for automation, sustainability and cost efficiency.' Farnek has steadily increased its share of the Abu Dhabi FM market with new business wins totalling AED 240 million, which includes Khalifa Sport City, Etihad Airways Engineering and the Barakah Nuclear Power Plant. Farnek also made considerable gains in the hospitality sector by winning multiple hospitality contracts valued at AED 72 million mobilising 450 staff. Security was another sector where Farnek made considerable gains by winning multiple contracts valued at over AED 25 million, from major companies such as GMG, Aramex, MAG EYE, AZADEA, NAS 2 and MIZA Investments. Farnek's home maintenance company Hitches & Glitches, secured a significant contract with Emaar Hospitality to manage back of door services, for 14 Emaar Residence Towers featuring more than 7,000 apartments, as well as contract wins for King's College Hospital and its clinics. Farnek's smart FM solutions company HITEK, has implemented its digital solutions at Sports Boulevard in Riyadh, with an additional contract for the mining company Maaden and has successfully developed and activated a cutting-edge community app for the MAG City development in Dubai plus a waste management agreement with du. 'HITEK also launched its Housekeeping Plus solution last year, a smart mobile application for the hospitality sector and its MEDTEK solution has been set up successfully and is already supporting more than 10,000 patients,' added Oberlin. Another notable achievement in 2024 was Farnek's support for the Burj Khalifa's successful LEED O+M Platinum Certification. Farnek has been providing MEP hard services for the world's tallest building since 2010. Farnek services a wide range of industry sectors and its scope of work includes a considerable number of contracts for total facilities management (TFM) as well as dedicated hard and soft services such as MEP, cleaning, maintenance, security and housekeeping, amongst others. About Farnek: Farnek is the leading provider of sustainable and technology-driven Facilities Management in the United Arab Emirates. Established in the UAE since 1980, Farnek Services LLC is a Swiss-owned independent total facilities management company. With a skilled workforce of more than 9,000 employees, Farnek delivers professional Facilities Management and security services across several sectors; Aviation, Hospitality, Banking, Retail, Shopping Malls, Telecom, Residential, Commercial, Infrastructure, Government, Education, Leisure and Entertainment.
Zawya
19-02-2025
- Business
- Zawya
Farnek secures contracts worth over AED 690mln in 2024
1,500 additional staff mobilised across industry sectors such as hospitality, aviation, healthcare, events, retail and residential real estate Dubai, United Arab Emirates: Leading UAE-based smart and green facilities management (FM) company Farnek achieved record sales revenue in 2024, securing a host of new and retained contracts, valued at more than AED 690 million. In total during 2024, Farnek was awarded more than 460 contracts, with over 1,500 additional members of staff, mobilised to sites across the UAE and Saudi Arabia, bringing their total headcount to over 9,000. According to Markus Oberlin, Group CEO at Farnek, the record amount of contract wins is a testament to Farnek's highly successful business strategy, which focuses on innovative, AI-driven and sustainable FM solutions. '2024 was an outstanding year for new business development and contract retention. We managed to increase our market share in the UAE and in Saudi Arabia, through sectors such as energy, healthcare, aviation, hospitality, retail, commercial and residential property. 'Given the rapid growth in real estate development, demand for innovative AI-driven smart and green solutions will continue to drive the FM market throughout the GCC, as companies strive for automation, sustainability and cost efficiency.' Farnek has steadily increased its share of the Abu Dhabi FM market with new business wins totalling AED 240 million, which includes Khalifa Sport City, Etihad Airways Engineering and the Barakah Nuclear Power Plant. Farnek also made considerable gains in the hospitality sector by winning multiple hospitality contracts valued at AED 72 million mobilising 450 staff. Security was another sector where Farnek made considerable gains by winning multiple contracts valued at over AED 25 million, from major companies such as GMG, Aramex, MAG EYE, AZADEA, NAS 2 and MIZA Investments. Farnek's home maintenance company Hitches & Glitches, secured a significant contract with Emaar Hospitality to manage back of door services, for 14 Emaar Residence Towers featuring more than 7,000 apartments, as well as contract wins for King's College Hospital and its clinics. Farnek's smart FM solutions company HITEK, has implemented its digital solutions at Sports Boulevard in Riyadh, with an additional contract for the mining company Maaden and has successfully developed and activated a cutting-edge community app for the MAG City development in Dubai plus a waste management agreement with du. 'HITEK also launched its Housekeeping Plus solution last year, a smart mobile application for the hospitality sector and its MEDTEK solution has been set up successfully and is already supporting more than 10,000 patients,' added Oberlin. Another notable achievement in 2024 was Farnek's support for the Burj Khalifa's successful LEED O+M Platinum Certification. Farnek has been providing MEP hard services for the world's tallest building since 2010. Farnek services a wide range of industry sectors and its scope of work includes a considerable number of contracts for total facilities management (TFM) as well as dedicated hard and soft services such as MEP, cleaning, maintenance, security and housekeeping, amongst others. -Ends- For more information, log on to About Farnek: Farnek is the leading provider of sustainable and technology-driven Facilities Management in the United Arab Emirates. Established in the UAE since 1980, Farnek Services LLC is a Swiss-owned independent total facilities management company. With a skilled workforce of more than 9,000 employees, Farnek delivers professional Facilities Management and security services across several sectors; Aviation, Hospitality, Banking, Retail, Shopping Malls, Telecom, Residential, Commercial, Infrastructure, Government, Education, Leisure and Entertainment. For media information, please contact: STEVEN JONES Managing Director E-mail: Indigo Icon Tower, Jumeirah Lakes Towers PO Box 337521 | Dubai, United Arab Emirates Website: A member of the ECCO Communications Network
