13-03-2025
Electrical Industries, Tecnicas Reunidas sign SAR 129.4M contract
Electrical Industries Co. announced that one of its subsidiaries, Saudi Power Transformers Co. (SPTC), signed a transformer supply contract with Tecnicas Reunidas Saudia for Services and Contracting Co. Ltd, worth SAR 129.4 million.
The company stated on Tadawul that the contract was signed on March 12 and has a duration of 18 months.
Electrical Industries expects the contract to positively impact its 2026 financial results, confirming that there are no related parties involved.
