Under Malek Sukkar’s leadership Averda has continued to maintain a 20% year- on-year increase in revenue. This year also marks a decade of Sukkar being in charge as the CEO of Averda.
In terms of contracts won, Averda began work on the Muhail Assir, Royal Commision of Jubail, Jeddah Khouzam and the Riyadh Airport. The increase in contracts has led to the rise in the number of employees in the company — 13,331 labourers in 2018 up from 10,171 in 2017.
As for 2019, Averda is looking to hold its ground and continue to grow its revenue 20% year- on-year, 60% of which is already in the bag for next year.
In the following year Averda will be involved in Al-Jawf Municipality City Cleaning (Qatif, KSA) — waste collection, sweeping, sorting and disposal in the municipal areas; Muscat Collect Project (Lot1) — waste collection, sorting and disposal in the municipal areas of Oman’s capital; and Tangier Treatment — waste collection, sorting, disposal and sustainable treatment in the municipal areas of Tangier in Morocco.