UAE’s Farnek wins contracts worth over AED 115m in Q3

Dubai — Mubasher: Dubai-based sustainable facilities management services Farnek on Monday announced that it won contracts worth over AED115 million from the UAE’s key organisations and companies in the third quarter of 2018.

The contracts, including the management of a raft of hard and soft FM services, propelled the firm to hire as much as 500 staff, Farnek, which is a member of the Green Globe certification group for sustainable tourism, said in a statement.

“These account wins are indicative of the wealth of knowledge we have of the local market and our understanding of our clients and their customers. We have invested significantly into technology and innovation, something which is at the very crux of our offering and is a crucial component of our business strategy success and account wins,” Farnek CEO Markus Oberlin commented.

The firm’s newly signed contracts include the retention of the three-year Burj Khalifa contract to provide mechanical, electrical and plumbing (MEP) and specialist sub-contractor services such as firefighting, according to the statement.

Farnek has managed to renew its cleaning contract with Oracle.

“The three-year contract will see 25 staff service the client’s 100,000 sqft state-of-the-art Media City-based commercial buildings,” the firm noted.

In the same vein, Farnek has renewed a two-year contract with Dubai Airports to continue to provide over 200 members of staff for soft FM services in Terminal 2.

In the medical sector, Farnek has won a contract from Kings College to provide MEP and cleaning services to three of their centres in Dubai and Abu Dhabi, including, Abu Dhabi Medical & Surgical Centre, Jumeriah Medical Centre and Marina Medical Centre.

Moreover, the UAE’s community development ministry has hired Farnek to mobilise over 100 staff for cleaning services across the GCC nation in 39 locations including community welfare centres, housing, offices and nursing homes.

In Abu Dhabi, cybersecurity firm DarkMatter has awarded a contract to Farnek for hard and soft FM services.

Farnek highlighted the addition of “MEP, hard services and specialised systems to its existing Musanada portfolio in Abu Dhabi. For the first time, Farnek will be responsible for providing MEP services to sports clubs, recreational facilities, and horse racing events.” 

Mubasher Contribution Time: 12-Nov-2018 14:08 (GMT)
Mubasher Last Update Time: 12-Nov-2018 14:08 (GMT)