• HSBC

Zahid Tractor signs JV with Schwing-Stetter to supply Saudi Arabia's concrete industry with Stetter equipment

Zahid Tractor has signed a joint venture with Schwing-Stetter, one of the world's leading manufacturers of equipment for the concrete industry, to supply the Stetter brand in the Kingdom.

Zahid will offer Stetter batching plants, transit mixers, concrete recycling equipment and complete systems. In addition, Zahid will provide after sales support and spares, initially from its main branch in Jeddah while the company prepares its existing Kingdom-wide and strategic presence to establish a network of services and parts.

"There is an increasing demand for concrete for the large number of massive projects underway in the Kingdom and our joint venture with Stetter will provide a significant boost for the construction industry, enabling enhanced production and more efficient utilization of resources,"


said Nasser Bayram, Zahid Director.

"Schwing-Stetter machinery is seen on construction sites all around the world and by partnering with the industry's top manufacturer we are ensuring that Saudi Arabia gets the very best equipment available to support the many projects that are designed to meet the housing and infrastructure needs of the Kingdom's rapidly expanding population and facilitate the expansion, diversification and growth of the Kingdom's economy."

Founded 75 years ago and headquartered in Herne, Germany, the Schwing Group has production plants in Germany, Austria, USA, Brazil, Russia, China and India. In addition, the Group has sales and service centres in France, the Netherlands, the Czech Republic, Austria and Sweden as well as representatives in more than 100 countries worldwide.

"We are very happy to be joining with Zahid Tractor as our exclusive distributor and partner in Saudi Arabia since they are known throughout the global construction industry as one of the best and most progressive companies in the business," said Dr. Gunther Abolins, Managing Director of Stetter.

"With a performance record that matches our own in terms of excellence and reliability of products and service, Zahid Tractor enables us to participate in the magnificent projects that make the Kingdom of Saudi Arabia one of the most exciting countries in the world for all those involved in the construction industry."

Schwing-Stetter offers the widest and most varied range of products for the manufacture, transport, placing and recycling of concrete using unique and complementary machines, supported by a global and experienced after-sales service all from one source guaranteeing the maximum reliability, economic sustainability and highest re-sale value.

The complete Stetter range includes Concrete Mixing Plants, Truck Mixer Units, Truck Mixers mounted on trucks and Concrete Recycling Plants.

Zahid Tractor and Heavy Machinery Co. Ltd., a member of the Zahid Group of Companies, was originally incorporated in 1967 serving virtually all of the Kingdom's public, private and commercial sectors. Over the past forty-two years it has expanded into additional areas of business providing fully integrated solutions to a demanding clientele.

Zahid Tractor is the exclusive distributor, in Saudi Arabia, of more than 20 diverse and well-respected brands, which cover a broad range of equipment for the construction, mining, shipping, transportation and utility industries. More particularly, Zahid acts as exclusive dealer for Caterpillar, Volvo Trucks, Renault Trucks, Daewoo Buses, Volvo Buses, Ingersoll Rand and Terex within the Kingdom.

Adhering to the highest standards and shared values of integrity, professionalism, innovation, and a strong code of ethics, Zahid Tractor has positioned itself as best in class in its various fields of endeavor.

It consistently pursues excellence and prides itself in attracting a pool of exceptionally talented Saudis of both genders and those with special needs, as well as committed professionals from across the Globe. Zahid Tractor is the 2008 winner of First Place of Best Work Environment in Saudi Arabia.
Left to right:  Nasser J Bayram, Zahid Director, Mr. Schwing, Owner and CEO, Dr. Gunther Abolins, MD of Stetter Germany.
Left to right: Nasser J Bayram, Zahid Director, Mr. Schwing, Owner and CEO, Dr. Gunther Abolins, MD of Stetter Germany.
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Notes and Media Contacts »

For more information please contact:

Maryam Afandi
Senior Account Executive-Media Relations
Trans-Arabian Creative Communications - TRACCS
Telephone - (9662) 6625757
Fax: (9662) 6399540
H Phone: (966) 508697071

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