Meyar signs contract with Schwing Stetter German to purchase two trucks, concrete equipment at SAR 3.3 mln

Meyar Company announced on Sunday that it was awarded a contract for the purchase of Concrete equipment with Schwing Stetter German Company.

The signing date was set for 18-10-2023, and the value of the contract amounted to 830,000 euros (equivalent to 3,317,321 Saudi riyals), according to the company’s strategic plan to develop supply chains and equipment with internal funding from the company.

The contract was awarded to Schwing Stetter German Company as the best financial and technical offer from the rest of the offers submitted to the company, and the financial impact and operations are expected to emerge during 2024.

The Company indicated that the purchasing 2 Mercedes truck cars, model 2023, with concrete pump Model S 43 SX III with the purchase amount of 830,000 euros (equivalent to 3,317,321 Saudi riyals).