Al-Ekhbariya Archives - جريدة الاخبارية

Raya Holding Reports Strong Revenue and Profit Growth in H1 2025

Posted on أغسطس 17, 2025 by alaa

Raya Holding for Financial Investments (EGX: RAYA), a leading Egyptian investment

conglomerate operating across high-growth sectors, has announced its consolidated financial results

for the first half of 2025, reflecting robust performance across all key financial indicators.

The results were significantly boosted by an exceptional second quarter, maintaining

the company’s strong momentum following record achievements in FY 2024.

H1 2025: Double-Digit Growth Across the Board

During H1 2025, Raya Holding reported:

Consolidated revenues of EGP 27.78 billion, up 38.3% year-on-year (H1 2024: EGP 20.09 billion)

Gross profit of EGP 6.00 billion, growing 38.4%, with a stable gross margin of 21.62%

EBITDA of EGP 3.20 billion, marking a 34.9% increase year-on-year, with an EBITDA margin of 11.5%

Net profit before minority interest of EGP 972 million, up 27.5%

Net profit after minority interest reached EGP 892 million, growing 36.3% year-on-year

Q2 2025: A Standout Quarter

The second quarter of 2025 delivered exceptional results:

Revenues reached EGP 14.90 billion, up 54.0% compared to Q2 2024 and 15.6% higher than Q1 2025

Gross profit rose to EGP 3.32 billion, up 52.3% year-on-year and 23.4% quarter-on-quarter, with a margin of 22.3%

EBITDA jumped to EGP 1.81 billion, increasing 55.1% YoY and 29.6% QoQ, with an EBITDA margin of 12.1%

Net profit before minority interest surged to EGP 584 million, up 52.1% YoY and 50.5% QoQ

Sustained Momentum and Strategic Expansion

Commenting on the results, Raya Holding’s management stated:

“Our strong first-half performance reflects the continued success of our strategy focused on

sustainable growth, operational efficiency, and sector diversification.

The exceptional second-quarter results underscore our ability to scale operations while maintaining profitability.

We are optimistic about H2 2025, driven by expansion plans across six countries and

continued investment in high-potential sectors.”

Outlook for H2 2025

Backed by solid fundamentals, Raya Holding is well-positioned for continued growth in the second half of 2025.

The company remains committed to delivering long-term value for shareholders through:

Geographic expansion across six markets

Diversification across technology, retail, logistics, and manufacturing

Operational excellence and improved capital efficiency

Balanced growth between revenue and profitability

Aqari Al Youm Expands with Over One Billion Pounds Portfolio in West Cairo

Posted on أغسطس 10, 2025 by alaa

Strong Growth in Pyramids Gardens

Aqari Al Youm plans to launch 8 new projects in Pyramids Gardens, leveraging 20 years of experience.

Prime Location Boosts Investment

Located near the Grand Egyptian Museum and Giza Plateau, the area offers strategic access via major roads.

Upgraded Infrastructure Enhances Appeal

Ongoing development improves facilities and services, making the district attractive for residents and investors.

Competitive Pricing Attracts Investors

Affordable prices compared to nearby areas offer strong medium and long-term returns.

Diverse Projects for All Client Segments

Focus on quality, design variety, and flexible payment plans to meet varied customer needs.

From Contracting to Leading Developer

Started as a contracting company, Aqari Al Youm has delivered over 254 residential buildings

and expanded into real estate development.

Committed to Continued Growth

The company aims to be a key player in reshaping West Cairo’s real estate landscape.

CIRA Education Acquires 51% Stake in L’École Française d’Hurghada

Posted on أغسطس 10, 2025 by alaa

Strategic Expansion into the Red Sea Region

CIRA Education (CIRA.CA on the Egyptian Stock Exchange), Egypt’s largest fully integrated private

education group, has announced the acquisition of a 51% stake in L’École Française d’Hurghada,

marking the Group’s first foray into the international education sector in the Red Sea region.

The school’s founder and current shareholder, Ms. Bouchra Cherkaoui, will retain a 49% stake and

continue to play an active role in the school’s future development.

A Unique French Curriculum Institution

Established in 2004, L’École Française d’Hurghada is the only school in the Red Sea region

offering a French curriculum, officially accredited by the Agency for French Education Abroad (AEFE).

The acquisition enables CIRA to expand both its geographical presence and academic offerings, serving

a broader student base in the growing city of Hurghada.

New German Track Launching This September

Beginning in September, the school will launch a new German section under the SIS (Saxony International School) brand.

This will be Hurghada’s first fully accredited German curriculum offering, with confirmed enrollment of 160 students

from kindergarten to Grade 12.

The initiative creates a multilingual educational hub within the existing school structure.

American Curriculum in the Pipeline

Plans are already underway to introduce an American English stream, in line with CIRA Education’s multi-curricular

strategy and in response to rising demand for international education in Hurghada.

CEO Mohamed El Kalla: A Richer, More Inclusive Education Environment

“We’re committed to delivering quality education where it’s most needed, and Hurghada is an

underserved yet promising location,” said Mr. Mohamed El Kalla, CEO of CIRA Education.

“Adding German and American programs to the existing French curriculum will enrich the academic

environment and offer families real choice.”

Founder Bouchra Cherkaoui: Preserving Values, Expanding Impact

“For over 20 years, we’ve proudly provided high-quality French education to the Hurghada community,”

said Ms. Cherkaoui.

“Partnering with CIRA Education allows us to grow our impact while upholding the core values on which the school was founded.

Together, we’re entering a new chapter as a truly multi-curricular institution.”

Khaled Taha: German Education Comes to Hurghada

“We’re honored to bring German education to Hurghada for the first time through the SIS model,” said

Mr. Khaled Taha, Vice President of SIS Middle East.

“This is a key step for educational diversity in the Red Sea region, and we’re excited to deliver

a top-tier German academic experience.”

Eduhive CEO: A Return to the Red Sea with Renewed Vision

“SIS Red Sea becomes the eighth school in the Eduhive network, and perhaps our most exciting

one yet,” stated Mr. Karim Mostafa, CEO of Eduhive, the CIRA-backed education management company.

“We’re returning to the Red Sea with a bold vision to build the leading international school in

the region, backed by local insights and a team of expert educators.”

Signing Ceremony Marks New Milestone

The acquisition agreement was signed last Thursday at CIRA Education’s headquarters in Cairo, signaling

the beginning of a transformative new era for both institutions.

With CIRA Education’s operational scale and resources, L’École Française d’Hurghada is set to evolve into

a dynamic, multi-language school meeting the growing needs of Egypt’s Red Sea coast.

Investor Relations Contact

Email: [email protected]

Phone: +(202) 2274-1667

Madinet Masr Launches “Talala” in New Heliopolis with EGP 90 Billion in Investments

Posted on أغسطس 6, 2025 by alaa

Madinet Masr (EGX code: MASR.CA), one of Egypt’s leading urban developers,

has announced the launch of its newest flagship project, “Talala”, located in the heart of New Heliopolis City.

With a total investment of EGP 90 billion, this development marks a significant milestone in

the company’s growth strategy, aiming to deliver high-quality, luxurious, and sustainable urban communities.

The project targets estimated sales of EGP 202 billion, underlining Madinet Masr’s continued

contribution to the national economy through real estate projects that offer long-term value and

modern living standards.

Strategic Location and Vast Development Area

Talala is ideally situated in New Heliopolis City, spanning two adjacent land plots with a

total area of 491.41 feddans (equivalent to 2,064,065.16 sqm).

The development is divided into two phases:

Phase One: 246.31 feddans

Phase Two: 245.12 feddans

Over 4,000 Fully Finished Units in Phase One

The first phase of Talala includes 4,174 fully finished units, designed to cater to a variety of lifestyle needs.

Unit types include:

Standalone villas: 180 to 287 sqm

Townhouses: 175 sqm

Double-loaded townhouses: approx. 170 sqm

S-Villa units: 215 to 245 sqm

Residential apartments: 35 to 170 sqm

Unit handover is scheduled within 4.5 years.

A Vision Rooted in Quality, Luxury, and Sustainability

Eng. Abdallah Sallam, President and CEO of Madinet Masr, commented on the launch:

“The launch of ‘Talala’ is a reflection of our long-standing vision to build sustainable and integrated communities.

Our mission has always been to deliver real estate products of global standards that fulfill the

evolving aspirations of our customers. With over 66 years of legacy, we remain focused on combining quality,

luxury, and sustainability in every development.

Talala marks a major step forward in our journey to positively impact Egypt’s real estate sector.”

Comprehensive Services and Lifestyle Amenities

Talala is designed as a fully integrated community, offering a range of facilities to meet the

needs of modern living, including:

Administrative offices and retail spaces

A Club House with sports and social facilities

A university offering high-quality educational opportunities

A Strategic Expansion Toward a Smarter Future

The launch of Talala aligns with Madinet Masr’s broader strategy of innovation-driven, calculated expansion,

with a focus on long-term value creation for residents and stakeholders alike.

RG Developments Set to Launch New Residential Compound in New Obour City

Posted on يوليو 28, 2025 by alaa

Strategic Expansion in Prime Location

RG Developments is preparing to unveil a fully integrated residential compound in one

of the most sought-after locations in New Obour City.

The project promises competitive

unit sizes, attractive prices, and flexible payment plans, and is expected to be officially

announced soon.

Doubling Investment Portfolio

The launch aligns with the company’s broader goal to double its investment portfolio in the

near future, leveraging its solid performance record and diverse land assets in and beyond New Obour.

Established Developer Since 2016

Refaat ELDabaa, Chairman of RG Developments, emphasized that since its establishment

in 2016, the company has positioned itself as a leading real estate developer in Obour City,

driven by the deep industry experience of its founders.

Projects with High Investment Value

ELDabaa highlighted that RG’s projects are known for their strategic locations, which offer

excellent accessibility and rising investment value ensuring high returns for property buyers.

Partnership with Memaar Elnazaer

RG Developments announced a strategic partnership with Memaar Elnazaer, a reputable

developer with a proven track record in Mokattam.

This collaboration aims to deliver landmark

projects in New Obour as part of RG’s expansion plan.

Maalem Mall: Ready for Delivery

Among the company’s standout developments is Maalem Mall, located in the heart of

New Obour and surrounded by dense residential areas such as Sakan Misr and Beit Al Watan.

The mall includes commercial, administrative, and medical units and is ready for

immediate occupancy.

Mark Mall: A Modern Mixed-Use Project

RG Developments also owns Mark Mall, located on Al-Thaqafa Street, offering a range of

clinics, offices, and retail spaces in a contemporary design, serving both residents and

entrepreneurs in the city.

Eden Plaza: Newest Project in the Ninth District

CEO Eng. Mark Maher announced the launch of Eden Plaza, situated on Abbas El Akkad Street

in the Ninth District.

The project targets over 30,000 nearby residential units and features

commercial and administrative spaces ranging from 19 sqm to 125 sqm, ideal for SMEs.

Future Growth Across Cairo

The partnership with Memaar Elnazaer is expected to unlock further opportunities for growth,

with several new projects in the pipeline across various areas of Greater Cairo.

Memaar Elnazaer’s Proven Expertise

Memaar Elnazaer brings decades of experience, having completed over 100 standalone

projects, including 47 in Mokattam, 60 in Beni Suef, and 11 in Obour City, ensuring a

comprehensive understanding of market needs across diverse regions.

Raya Foods Collaborates with the Ministry of Agriculture to Enhance Sustainable Agriculture and Empower Farmers within Egypt’s Vision 2030

Posted on يوليو 27, 2025يوليو 27, 2025 by alaa

Strategic Meeting to Support Agricultural Growth

Raya Foods, a portfolio company of Raya Holding for Financial Investments, held a

strategic meeting with the Ministry of Agriculture and Land Reclamation to explore

potential areas of cooperation.

The meeting aligns with Egypt’s Vision 2030 and aims to advance the agricultural

sector, empower farmers, and increase sustainable food production and exports.

Showcasing the RAP Program

During the session, Raya Foods presented its flagship agricultural program, “RAP,” which

plays a crucial role in aligning local farming with global technical specifications and food safety standards.

The program is designed to deliver customized agricultural outputs that meet the unique

needs of international buyers.

Focus on High-Demand Global Crops

Discussions included proposals to expand into high-demand crops, such as jalapeños, which

have strong international market potential.

The company also explored opportunities to secure support from international

financial institutions to scale up operations.

Empowering Farmers Through Innovation

Commenting on the meeting, Omar Abdelaziz, CEO of Raya Foods, stated:

“Through RAP, we empower Egyptian farmers by combining training, technical support, and

smart financing, which enhances production quality and improves the global competitiveness

of our exports.”

He also emphasized the company’s leadership in exporting over 3,000 products annually

to 50 countries, all produced from 100% locally sourced raw materials.

Adopting Smart Agriculture Solutions

Raya Foods is investing in smart agriculture technologies, including modern irrigation

systems and drone-enabled crop management, to optimize productivity and sustainability.

Global Reach with Local Roots

Raya Foods specializes in the processing and export of frozen fruits and vegetables, exporting

99% of its products to global markets such as the United States, Europe, Asia, and the GCC, while

also serving local consumers with innovative, high-quality food solutions.

Driving Sustainable Agricultural Development

The company continues to expand its agricultural network and strengthen its role in the

agri-industrial value chain, driving innovation, efficiency, and export competitiveness.

This reinforces Raya Holding’s position as a leading force in Egypt’s private sector

support for agricultural development.

Schneider Electric and Hassan Allam Holding Partner to Boost Smart Agriculture in Egypt

Posted on يوليو 22, 2025 by alaa

A Strategic Alliance for Sustainable Development

Schneider Electric, a global leader in digital energy solutions, has announced a strategic

partnership with Hassan Allam Holding, a regional construction and infrastructure leader,

to launch a groundbreaking project advancing smart and sustainable agriculture in Egypt.

Empowering Underserved Communities in Port Said

The collaboration will focus on El Nouras village, located in southern Port Said, home

to around 12,000 people.

The community relies on the El-Salam Canal for irrigation.

The initiative aims to enhance local living standards through integrated solutions for

the Water-Energy-Food (WEF) Nexus.

Greenhouse Powered by Solar Energy

At the heart of the project lies a solar powered smart greenhouse equipped with

climate control systems.

The facility is expected to produce around 20 tons of vegetables annually, helping

overcome challenges like poor irrigation water quality and low crop yields due to climate change.

Advancing Egypt’s Green Energy Goals

Fully solar-powered, the project supports Egypt’s Vision 2030 and its pledge to source

42% of electricity from renewables and reduce carbon emissions by 37% by 2030.

It also reduces dependence on fossil fuels and enhances local food security.

Driving Real Change with Smart Tech

The project utilizes Schneider Electric’s EcoStruxure technology to improve energy

efficiency, manage water use smartly, and increase agricultural productivity.

It also provides access to digital tools for underserved areas, promoting long-term

resilience and capacity building.

Voices from the Partners

Sebastien Riez, CEO of Schneider Electric Northeast Africa and Levant, said:

“Our solutions empower communities by turning sustainability goals into real impact.

This partnership shows how innovation can uplift lives and support Egypt’s development ambitions.”

Merette Elsayed, Chief Commercial Officer of Hassan Allam Holding, added:

“We’re committed to building sustainable, inclusive communities. This project brings smart,

clean technology to where it’s needed most.”

Transforming Rural Egypt through Sustainable Infrastructure

The project promotes job creation, gender inclusion, local skill development, and access to

clean energy, water, and sanitation. It reinforces the private sector’s role in delivering impactful,

community based solutions.

Showcased at Schneider Electric’s Innovation Day

The partnership was unveiled during the “Buildings of the Future Innovation Day” held in Cairo.

It sets a new benchmark for how smart infrastructure can support national and global sustainability goals.

Barwa Developments Contracts MRB for Central Mall El Shorouk’s Management and Operation

Posted on يوليو 21, 2025 by alaa

Barwa Developments has signed a partnership agreement with MRB to manage and

operate its flagship project Central Mall El Shorouk, as part of its strategy to enhance

the project’s investment value and competitive edge, ensuring maximum returns

for investors and clients.

Prime Location in the Heart of El Shorouk

Chairman Ahmed Rageh confirmed that Central Mall is strategically located on

3,000 sqm in the heart of El Shorouk City, near major housing projects Sakan Misr and

Dar Misr, as well as the Banking Complex. This central position places it within a

densely populated and service demanding area, enhancing its commercial potential.

Multi-Use Project with Strong Fundamentals

The mall is a mixed use development combining commercial, administrative, and

entertainment spaces.

Rageh emphasized that partnering with MRB reflects Barwa’s commitment to working

with strong, experienced entities to deliver a fully integrated model project, where professional

management is a core element of success.

Expansion into New Cairo and the Capital

Barwa Developments plans to expand into New Cairo and the New Administrative Capital,

with details of its newest projects to be announced soon, highlighting its forward looking

growth strategy.

15 Years of Experience and 150+ Projects

CEO Abdel Fattah Farahat noted that Barwa has been active in the Egyptian real estate

market for over 15 years, delivering more than 150 standalone projects through its

sister company Al Rajhi Urban Development.

Specialized in Mixed-Use Projects

Barwa’s expertise in multi-use developments gives it a competitive advantage in

understanding client needs and providing tailored real estate products.

The company owns four commercial malls in El Shorouk: Hub 5, Barwa Mall, Central Mall,

and Center Point, with more projects under construction.

Central Mall: Project Details

Commercial Director Amr Attia outlined that Central Mall includes two basement

levels and three floors for retail, medical, and office spaces, with unit sizes starting

from 25 sqm.

The total leasable area is 6,000 sqm, with project delivery expected within three years.

The first phase is sold out, and the second phase is now available with flexible pricing

and payment plans.

MRB: Professional Management Partner

Dr. Mohammed Rashid, Chairman of MRB, stated that the company partners with

developers who aim to deliver real value to clients through professional management.

He praised Barwa’s vision and commitment to sustainability.

MRB’s Role and Market Experience

MRB’s role includes design review, operational consulting, and cost-efficiency optimization

while preserving asset longevity. Rashid emphasized their three-pillar approach: market

understanding, product alignment, and sustainable operations.

MRB has experience managing over 90 projects across Egypt, including 60 in the New Capital

and 20 in Fifth Settlement, many of which are already operational.

MRB is recognized as a

pioneer in raising awareness among developers about the importance of early stage property management.

Zada Developments to Launch Luxury Villa Compound in New Zayed

Posted on يوليو 17, 2025 by alaa

Second Project in Less Than Six Months

Zada Developments is preparing to unveil its second project in under six months a

premium residential villa compound in New Zayed City.

The project is strategically located in a prime area surrounded by elite developments.

Ambitious Expansion Plan

Mohamed Awad Habib, Chief Commercial Officer (CCO) of Zada Developments,

stated that the launch reflects the company’s rapid growth and strategic ambition

to expand within the luxury real estate segment.

From Market Entry to Market Impact

Having established a strong market presence with its first project, Zada is now introducing

a development that marks a qualitative leap in luxury living and urban planning.

Prime Location and Integrated Living

The compound offers a modern lifestyle with integrated amenities, combining contemporary

design with a vibrant, service rich location.

It is positioned to become one of the

area’s top residential destinations.

High Standards in Design and Execution

The project follows world class standards, featuring landscaped areas, recreational zones,

smart technologies, and a secure environment.

Unit sizes vary to cater to a broad client base.

Strong Industry Partnerships

Zada has contracted renowned architectural and engineering firms to design and

implement the project.

The names will be revealed during the official launch.

Diverse Residential Units and Flexible Payments

The compound includes townhouses and twin houses with flexible payment

options tailored to client needs.

Commercial Hub with Leading Brands

The development also features a dedicated commercial zone targeting both Old and

New Sheikh Zayed, with plans to attract top tier retail brands.

Human Capital at the Heart of Insurance Growth

Posted on يوليو 17, 2025 by alaa

The Insurers Federation of Egypt (IFE) affirms that developing human capital and

improving market efficiency are vital for the growth and sustainability of the insurance industry.

Strategic Initiatives to Build Market Resilience

Over recent years, IFE has implemented several key initiatives designed to support

professionals in the industry and strengthen Egypt’s insurance ecosystem.

Knowledge Platforms and Publications

IFE has launched specialized publications such as weekly bulletins, academic journals,

and translated global reports like the Microinsurance Landscape, offering trusted

references to practitioners and researchers.

Updated Policies and Inclusive Coverage

The Federation has modernized policy wordings and introduced new insurance products

aligned with market demands, while advancing efforts toward inclusive insurance.

Driving Technical Innovation

IFE has developed advanced underwriting and inspection manuals inspired by

international standards, enhancing the industry’s risk assessment capabilities.

Insurance Pools for Complex Risks

The Federation has established specialized insurance pools to manage modern

and emerging risks with institutional efficiency.

Embracing Digital and Sustainable Transformation

In line with Egypt Vision 2030, IFE is actively promoting digitalization and

sustainable insurance practices to future-proof the industry.

New Committees for Emerging Fields

IFE has launched technical committees in new focus areas such as agricultural insurance,

ESG-compliant insurance, governance, compliance, and institutional risk management.

A Vision for the Future

Through these comprehensive efforts, IFE aims to empower the Egyptian insurance

market to tackle challenges, strengthen its regional and global competitiveness, and

position insurance as a fundamental pillar of economic and societal protection.

Tactful AI Invests EGP 250 Million to Lead Customer Experience Transformation

Posted on يوليو 16, 2025 by alaa

Egyptian AI Leader Launches Region’s First End-to-End Customer Experience Platform

Tactful AI, Egypt’s leading innovator in artificial intelligence for customer experience,

has unveiled the Middle East’s first fully integrated, AI-powered customer experience platform

developed entirely in Egypt.

The achievement follows over EGP 250 million in strategic

investments made over the past three years.

Expanding into Europe and the Middle East

The company’s AI solutions spanning conversational commerce and intelligent customer

service are now deployed across markets in the Middle East, UK, and wider Europe.

Tactful AI’s flagship platform is considered Egypt’s first global grade AI solution, currently

being exported to key European markets.

Driving Digital Revenue Growth by Up to 35%

Tactful AI’s intelligent platform manages 100% of customer interactions across digital

channels in real time, boosting team productivity and streamlining service operations.

Businesses using Tactful AI have reported 15–35% digital revenue growth within the

first few months of deployment.

Serving Multiple Sectors with Scalable AI Tools

With over a decade of expertise, Tactful AI delivers agile AI technologies to telecom,

government, hospitality, and e-commerce sectors.

Its intuitive interface combines technical robustness with user friendliness,

making it a go to solution for businesses seeking advanced digital customer engagement.

Ambitious Expansion Plans in MENA and Europe

Headquartered in Egypt with a secondary base in the UK, Tactful AI is eyeing expansion

in Saudi Arabia and the UAE.

Plans include opening local support centers and forming strategic partnerships

across the UK and Western Europe.

CEO: “We Are Exporting AI from Egypt to the World”

“We’re proud of launching the region’s first AI-native customer experience platform,

” said Mohamed El-Masry, Co-Founder and CEO of Tactful AI.

“Our next phase includes scaling globally and doubling down on investment to meet rising demand.”

Positioning Egypt as a Global AI Hub

El-Masry emphasized that Tactful AI’s success shows Egypt’s potential as a global exporter

of AI technologies, powered by skilled local talent. “We’re not just offering software,” he added.

“We’re redefining the future of customer experience proving that world-class innovation

can be built in the Middle East and tailored to its markets.”

LG ANNOUNCES AMBITION TO BECOME TOP-TIER GLOBAL HVAC SOLUTION PROVIDER

Posted on يوليو 13, 2025 by alaa

Strategic Roadmap Targets B2B Growth, AI Data Center Cooling, and Acquisitions

At a press conference held on July 8 at LG Sciencepark in South Korea,

LG Electronics unveiled a bold strategy to transform its ES Company into a

top-tier global HVAC (Heating, Ventilation and Air Conditioning) solutions provider by 2030.

The company will leverage industrial growth, localized solutions, and its 3B strategy

Build, Borrow, Buy to expand and diversify its global presence.

Targeting KRW 20 Trillion in HVAC Revenue

LG aims to reach KRW 20 trillion in HVAC-related revenue by 2030 by enhancing both

its hardware efficiency and non-hardware offerings, forming a critical pillar

of its mid-to-long-term growth strategy.

Riding the AI Wave: Boosting B2B Cooling Solutions

With the rise of AI and data center demand, LG is scaling its B2B HVAC business.

The global chiller market is forecasted to hit USD 12 billion by 2027, and LG plans

to capture USD 720 million in HVAC sales within the next two years.

LG’s cooling solutions portfolio includes:

Liquid cooling systems for direct chip cooling

Chiller-based air cooling systems

HVAC solutions compatible with DC power environments

By 2025, LG expects data center cooling orders to triple, confirming the segment

as a core growth engine.

AI-Centric Testing and Development Hub

LG established the LG AI Data Center HVAC Solution Lab in Pyeongtaek to simulate

various AI server environments and test performance. The company has also launched

pilot trials for liquid cooling with LG U+, validating next-gen thermal management.

Acquisitions Powering Portfolio Expansion

LG is pursuing strategic acquisitions to enhance its HVAC capabilities.

Its most recent move was acquiring OSO, a top water-heating solutions provider

in Norway, strengthening LG’s position in Europe’s heating market.

Under its 3B framework:

Build: Internal labs and HVAC Academy

Borrow: R&D partnerships with universities

Buy: Targeted M&A to expand expertise

Localized Growth and Software-Driven Revenue

LG is gaining momentum in commercial HVAC markets with localized solutions.

Notable projects include:

Multi V i™️ installation in Tuas, Singapore

28,000 RT of chillers delivered to The Avenues-Riyadh in Saudi Arabia

Meanwhile, LG is doubling down on non-hardware revenue, aiming to grow

from 10% to 20%, with offerings like:

BECON: An AI-based energy management platform

Digital twin solutions: Predictive analytics for data center cooling

Deepening Presence in the Global South

LG is expanding in emerging markets with fully localized operations.

In India, the company will:

Launch a new product development unit

Open a production line in Sri City by 2026 with 1.5 million unit annual capacity

Globally, LG runs HVAC Academies in 65 locations across 43 countries, planning to

grow to 70 locations by 2025, serving as both training centers and strategic expansion hubs.

A Vision for HVAC in the AI Era

“HVAC demand is rising in tandem with the growing number of data centers being

built worldwide,” said James Lee, President of LG ES.

Leveraging decades of experience and core technological excellence,

LG is committed to becoming a leading HVAC solution provider in the AI era.”