Repono Ltd Incorporates Subsidiary REPONO GW Company in Saudi Arabia

Repono Ltd has incorporated a new subsidiary, REPONO GW Company, in Saudi Arabia. The decision was made at the board of directors meeting held on 24th February 2026. The new subsidiary is a joint venture company with Golden Wing Trading Company, a single-person company. The total investment is SAR 255000. The acquisition is expected to provide operational and financial synergies, including improved capacity, access to new customers, and enhanced technological capabilities. The new subsidiary is involved in container handling services, shipping intermediaries, fuel and chemical storage, operation of storage facilities for all types of goods except food, providing higher management consulting services, logistics services, and packaging of chemicals and cleaning agents.