German firms among top Saudi employers

German firms among top Saudi employers
Updated 26 May 2013

German firms among top Saudi employers

German firms among top Saudi employers

Germany continues to be one of the top employers of Saudis in the Kingdom, a German official said yesterday at the Ninth German and Sixth Catalog Show at a local hotel.
Andreas Hergenroether, delegate of German Industry and Commerce for Saudi Arabia and Yemen, said that the catalog show was not just a presentation of German products and companies but also proof of the growing business relations between the two countries.
He added that when the office of the Delegation of German Industry and Commerce was established in 1978 as the German Saudi Arabia Liaison Office for Economic Affairs (GESALO), just a few leading German companies were involved in business with Saudi Arabia.
“Today, more than 700 German firms in different business sectors are established in the Kingdom. The cooperation ranges from 100 percent German-owned … to simple liaison offices and agency agreements,” he said.
He added that Germany was not only an important trade partner of Saudi Arabia but also an equally important supplier of technology knowhow to Saudi businesses.
“Huge companies such as Linde, Siemens, Mercedes, MAN, BASF, Henkel and lately Evonik have set up their own production and assembly lines in the Kingdom,” he said.
He added that logistics giant DHL became the largest German employer in the Kingdom with more than 4,000 employees and was honored with the Prince Naif Award for the highest Saudization quota of a foreign company in Saudi Arabia.
He said there are also successful small and medium-sized German firms in the country including Fuchs that produces motor oil in Yanbu and is now a market leader, KSB that produces water pumps, Rail. One that produces concrete sleepers in Hail, Bischoff & Klein that produces plastic packing in Al-Khobar, and Zeppelin that produces plastic silos in Jubail.
He added that Germany is the world’s market leader in many industrial sectors and the second most important exporter worldwide.
German Ambassador Dieter W. Haller lauded the growing business ties between the two countries despite the economic downturn in Europe.
Germany is Saudi Arabia's third-largest trading partner. German exports to Saudi Arabia rose 20 percent to almost 8.2 billion euros in 2012. During the first two months of 2013, German exports rose again by almost 15 percent to 1.5 billion euros.
The catalog show showcased 20 German companies in various sectors such as construction, engineering, health care, industrial automation, food, sewage systems and higher education.
Haller thanked Abdullah S. Al-Mubti, chairman of the Council of Saudi Chambers, for attending the event and supporting German business delegations.
Hergenroether also thanked Volkswagen Group Saudi Arabia and Zarka Al-Yamama Lens Factory Comp. Ltd. as Platinum Sponsors, and Alhamrani Fuchs Petroleum Saudi Arabia Ltd., Kuehne & Nagel, BASF, TUV Rheinland, Ernst & Young, Henkel, Hoermann Indtech and EADS Cassidian as Gold Sponsors.
Al-Mubti pledged continued support for GESALO and German trade delegations visiting Saudi Arabia.
The breakfast and catalog show will continue today in Riyadh, the Meridien Hotel in Al-Khobar on Monday, the Eastern Province Chamber of Commerce and Industry on Tuesday and the Jazan Chamber of Commerce and Industry on Sept. 8.