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  • 19-04-21

    Saudi 's Electrical Industries Company to buy assets of CG Power Belgium

    (MENAFN)Saudi Arabia's Electrical Industries Company approved to buy some assets of CG Power Belgium from its liquidator for about €5 million (about USD 5, 9 million).

    Saudi Arabia's Electrical Industries Company approved to buy some assets of CG Power Belgium from its liquidator for about €5 million (about USD 5, 9 million).

    It further stated that it was in the final process of establishing a unit in Belgium to hold the newly attained assets.

    Electrical Industries Company (EIC) is a holding company that supplies electrical products and services in Saudi Arabia and the Middle East.

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