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GAM ARABIA SIGNING OF THE MEMORANDUM OF UNDERSTANDING (MOU) |
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| Posted by Administrator (admin) on 12/02/2011 |
| News Archives >> |
Working on progress, is another joint-venture agreement which is scheduled to be finalized during the first quarter of this year with GENERAL DE ALQUILER DE MAQUINARIA, S.A. (GAM). It is a well known company based in Madrid, Spain engaged in rental and sales of heavy equipment and machineries. GAM is currently operating in countries, such as: Poland, Bulgaria, Romania, Mexico, Brasil and of course, in Spain.
Eyeing the high demand of heavy equipment in Saudi Arabia and the GCC region in the coming years, the idea to venture into this kind of business is timely and is expected to flourish.
The joint-venture will form a new corporate name, GAM ARABIA. It plans to bring in top of the line heavy equipment which will soon become available for sales and rentals for all companies, and business organizations involved in the construction industry.
GAM ARABIA SIGNING OF THE MEMORANDUM OF UNDERSTANDING (MOU)
Present during the signing session: From left to right second row , MR. CARLOS FERNANDEZ DE ARAOZ-Chief Operating Officer (GAM), MR. HUSSEIN BALAGHI-Director General (MENA Business Investment Group), ENG. AHMED BU-KHAMSIN-VP for Operations (ETE Group), MR. BERT WIEGEL-Operations Coordinator (GAM)
Seated at the first row from left: ENG. MORHAF BU-KHAMSIN-VP for Business Development (ETE Group), MR. PEDRO LUIS FERNANDEZ-Chief Executive Officer ( GAM ) |
Last changed: 12/02/2011 at 3:14 AM
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