Jotun Opens New $10 Million Headquarters in Saudi Arabia

Ahmad El-Assasy December 25, 2023

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Jotun is a Norwegian multinational chemicals company dealing mainly in decorative paints and performance coatings.

Jotun officially opened its new headquarters in the King Abdullah Financial Center in Riyadh on Sunday. It is a global leader in the paint and coatings industry. The event received a group of officials and prominent figures from both the company and the Kingdom.

Jotun’s Vision for the Saudi Market

During the opening ceremony, Jotun’s CEO, Jerry Korniev, expressed his enthusiasm for the company’s new platform in Saudi Arabia. He emphasized Jotun’s commitment to delivering the highest quality products and services to its customers in the Kingdom. Notably, it will focus on innovation and continuous development. “We believe that Saudi Arabia has a promising future in construction and development. We also are committed to supporting this growth by providing our distinguished products and services to more customers in the Kingdom,” said Korniev.

Jotun’s Enhancing Presence in the Saudi Market

The opening of Jotun’s new headquarters in Saudi Arabia is a strategic step in the company’s journey within the Saudi market. It shows the company’s renewed commitment to providing top-level products and services to its clients there. The new headquarters will not only strengthen Jotun’s existing presence in the Saudi market but also open new avenues for business expansion and growth within the Kingdom, thereby enhancing the company’s investments in the Saudi market.

Korniev also expressed gratitude for the support provided by the Saudi government to the construction and building sector in the Kingdom, affirming the company’s commitment to closely cooperate with the government to support this vital and important sector.

Notably, Al Madinah Heritage Company (MHC), one of the companies of the Public Investment Fund specialized in dates, has signed an agreement with the Saudi Authority for Industrial Cities and Technology Zones to acquire land in Medina to establish a specialized date factory, reported Maaal.

This was announced during the Industry and Local Content Madinah Forum. The deputy governor of Al Madinah region Prince Saud bin Khalid attended the forum.

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