Atlas Elevators explained in a statement published on the Tadawul platform, that the agreement was signed yesterday, with a duration of one year, while the financial value of the contract could not be determined due to its dependence on the volume of demand for the company's products throughout the period of implementation of the agreement.
The agreement aims to achieve mutual strategic benefits through National Housing's access to advanced elevator supply and installation solutions at competitive prices, in accordance with the highest quality and performance standards, in line with the timetable of the Al Forsan project.
Atlasan confirmed that the agreement took place yesterday for one year.
Atlas also confirmed its full commitment to supply and install the agreed equipment at the specified time and place, in full compliance with the Saudi code specifications, ensuring the provision of integrated and safe mechanical solutions that enhance the quality of the project.
Atlas also confirmed its full commitment to supply and install the agreed equipment at the specified time and place, in full compliance with the Saudi code specifications, ensuring the provision of integrated and safe mechanical solutions. <The company pointed out that this agreement opens new horizons for growth and expansion of the business base of both parties, in order to achieve the strategic objectives of each of them, and is expected to have a positive financial impact on its results during the period of implementation of the contract. It also emphasized that there are no related parties within the agreement.
