The International Expansion of the MERMEC Group at the Saudi-Italian Business Forum and AusRail in Australia

On the occasion of the Italy-Saudi Arabia Business Forum taking place in Riyadh , the MERMEC Group and Blackshape (both part of Angel Holding) formalized two important Memoranda of Understanding (MoUs), aimed at creating new synergies with strategic partners in Saudi Arabia.

Saudi-Italian Business Forum (Riyadh)
MoUs Signed:
- Between MERMEC Group and Saudi Arabia Railways (SAR) for strategic technological collaboration.
- Focus: Digitalization of Saudi rail assets and network using AI, BIM, and integrated metadata management.
- Pilot project to begin on the Dammam–Riyadh line, enhancing infrastructure safety and digital management.

Key Figures Present:
- Hon. Antonio Tajani, Italian Deputy Prime Minister & Minister of Foreign Affairs.
- Khalid Al-Falih, Saudi Minister of Investment.
- Angelo Petrosillo, MERMEC Group GM of Global Business Development.
- Mohammed Alshaia, Strategic Management Office Director, SAR.

Blackshape Aviation Collaboration:
- MoU signed between Blackshape (Angel Holding subsidiary) and Al-Qahtani Group.
- Focus: Commercial collaboration in aviation, including certified aircraft for general aviation and pilot training.

AusRail 2025 (Australia)
- MoU Signed:
- Between MERMEC Group and UGL Transport.
- Aim: Develop and supply advanced railway solutions for Australia and New Zealand.
- Scope: Suburban, high-speed, and freight railways, combining UGL’s rolling stock expertise with MERMEC’s signaling and telecom technologies.

Strategic Vision
- Strengthens MERMEC’s internationalization strategy.
- Expands presence in Saudi Arabia (Middle East) and Australia/New Zealand (Asia-Pacific).
- Reinforces Angel Holding’s commitment to modern, safe, and sustainable infrastructure.

This expansion marks a fundamental step in MERMEC’s global growth, positioning the group as a leader in rail digitalization and aviation collaboration.

Source: GlobeNewswire