KIVERCO Secures Major Contracts in Saudi Arabia with UK Government Support
KIVERCO, known for their waste-recycling equipment, has landed multi-million-pound contracts in Saudi Arabia, thanks to backing from UK Export Finance (UKEF).
A £350,000 export insurance from UKEF enables KIVERCO to fulfill these significant contracts, increasing revenue and supporting 100 local jobs.
With over 300 recycling plants in the UK and more than 400 globally, KIVERCO is experiencing high demand in Saudi Arabia’s waste sector.
UKEF’s assistance will help the Dungannon-based company forge strong commercial ties in Saudi Arabia, aligning with the Kingdom’s move towards sustainable practices amid heavy infrastructure investments.
Elizabeth McCrory, UKEF’s export finance manager for Northern Ireland, stated, Our export insurance offer provides assurance, enabling businesses to focus on delivering exceptional work and growing their business.
John Irwin, KIVERCO’s managing director, emphasized, KIVERCO has been innovating in recycling plants for over 30 years and leads the UK market in construction and demolition waste-recycling equipment. Our growth strategy hinges on expanding export markets, and UKEF’s support has been crucial.