Farnek acquires FM contracts worth $35m in Q1 2021 ...United Arab Emirates

Farnek has announced the acquisition of facilities management contracts valued at more than $35.57m in the first quarter of this year, of which $27.5m is new business. The UAE-based facilities management (FM) heavyweight said in a statement that the raft of contracts involves a broad spectrum of FM disciplines, covering both hard and soft services, as well as hotel management, a new division that Farnek has only recently launched. All of the contracts vary in length from one to three years and in total Farnek is mobilising 860 extra members of staff to service these new and renewed contracts. Some of the major contract wins include housekeeping and hotel management operations for Expo Villag

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Last updated : 18 April 2021 clock 12:45 PM

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Farnek acquires FM contracts worth $35m in Q1 2021 ...United Arab Emirates

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