National Central Cooling Co - Company Profile
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National Central Cooling Co (Tabreed) is a provider of district cooling utility solutions. It constructs, installs and operates cooling and conditioning systems. The company provides cooling solutions and air conditioning services for various buildings. It also distributes and sells chilled water for district cooling technologies; and provides various other services such as design and supervision services for electrical, mechanical and sanitary engineering works. The company operates plants in the UAE, Qatar, Saudi Arabia, Oman and Bahrain. The company provided its solutions to various projects including Ferrari World Abu Dhabi, Cleveland Clinic Abu Dhabi, Etihad Towers, The Louvre Abu Dhabi, Bahrain Financial Harbour, Dubai Parks and Resorts and Sheikh Zayed Grand Mosque. Tabreed is headquartered in Masdar City, Abu Dhabi, UAE.
Headquarters
United Arab Emirates
Address
Masdar City, P.O. Box 29478, Abu Dhabi
Website
www.tabreed.ae
Telephone
971 2 2020400
No of Employees
16,116
Industry
Construction
Ticker Symbol & Exchange
TABREED (DFM)
Revenue (2022)
$603.4M
13.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
2.6%
(2022 vs 2021)
Market Cap*
$2.3B
Net Profit Margin (2022)
XYZ
-9.5%
(2022 vs 2021)
* As of and is in US$
National Central Cooling Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Cooling Systems | Installation and Maintenance |
| Chilled Water Distribution | |
| Pipe System Protection | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Commercial Operation | In December, the company and ADNOC commenced operations at G2COOL. |
| 2023 | Plans/Strategy | In November, the company announced its plans to expand in South-East Asia. |
| 2023 | Contracts/Agreements | In September, Tabreed signed a memorandum of understanding with Telangana government to invest US$200 million to develop 1,25,000 RT of cooling infrastructure for the Hyderabad Pharma City. |
Competitor Comparison
| Key Parameters | National Central Cooling Co | Alfa Laval AB | IDEX Corp | Emirates Central Cooling Systems Corp PJSC | Gulf Star Cooling Services LLC |
|---|---|---|---|---|---|
| Headquarters | United Arab Emirates | Sweden | United States of America | United Arab Emirates | United Arab Emirates |
| City | Abu Dhabi | Lund | Northbrook | Dubai | - |
| State/Province | Abu Dhabi | - | Illinois | Dubai | Abu Dhabi |
| No. of Employees | 16,116 | 21,089 | 8,868 | 1,025 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Khalid Al Marzooqi | Chief Executive Officer | Senior Management | 2021 | - |
| Adel Salem Al Wahedi | Chief Financial Officer | Senior Management | 2020 | - |
| Antonio Di Cecca | Chief Operating Officer - Tabreed | Senior Management | 2022 | - |
| Khaled Abdulla Al Qubaisi | Chairman | Non Executive Board | 2009 | - |
| Paulo Almirante | Vice Chairman | Executive Board | 2017 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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