Empower intends to enter the Sharjah market before the end of...

Empower intends to enter the Sharjah market before the end of...
Empower intends to enter the Sharjah market before the end of...

The CEO of the Emirates Corporation for Central Cooling Systems (Empower), Ahmed bin Shafar, said that the company intends to implement expansion steps during the coming period, including entering the Sharjah market before the end of this year, by preparing to announce a strategic partnership to provide a government project with cooling services.

Bin Shafar added, in press statements, that the company is also looking to expand in foreign markets in the countries of the region, through acquisitions, which are being discussed during the current period, pointing out that Empower has made great strides in preparing for listings in the stock markets.

He explained that Empower’s production capacity rose from 1.640 million refrigeration tons, at the beginning of this year, to 1.853 million tons in October.

Bin Shafar revealed that the number of Empower customers has increased from 140,000, since the beginning of this year, to 160,000 customers currently, while the number of cooling stations has increased from 84 stations from the beginning of 2021 to 106 stations currently.

Google Newsstand

Follow our latest local and sports news and the latest political and economic developments via Google news

Share

Print

Twitter
LinkedIn
Pin Interest
Whats App

These were the details of the news Empower intends to enter the Sharjah market before the end of... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Toyota plans to invest $3.4 billion in car battery manufacturing in...
NEXT Companies facing supply chain bottlenecks may become a target for hackers

Author Information

I am Joshua Kelly and I focus on breaking news stories and ensuring we (“Al-KhaleejToday.NET”) offer timely reporting on some of the most recent stories released through market wires about “Services” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Al-KhaleejToday.NET specializing in quicker moving active shares with a short term view on investment opportunities and trends. Address: 838 Emily Drive Hampton, SC 29924, USA Phone: (+1) 803-887-5567 Email: [email protected]