Industry and manufacturing consulting between Europe and the GCC

Saudi incentivesand financing

A European industrial team on the ground in Riyadh. We prepare manufacturing investments for approval and funding: feasibility studies, incentive applications and financing cases for SIDF, banks and investors.

100+
engagements for companies, investors and ministries
8+
years of industrial consulting across the team
SAR 500 Mn+
incentives secured for industrial manufacturing

Service areas

We prepare manufacturing investments for approval and funding. We have supported investments across the GCC and know the Saudi incentive system from the inside: its programmes, committees and lenders.

Investment preparation and equity partnershipsKSA manufacturing incentivesSIDF and commercial bank financing

On the factory floor

Plants and facilities from our engagements. We work where the investment is built and run, not only in the boardroom.

  • Paper machine, RiyadhPaper machine, Riyadh
  • Plastics extrusion line, RiyadhPlastics extrusion line, Riyadh
  • Waste sorting hall, Saudi ArabiaWaste sorting hall, Saudi Arabia
  • Gas treatment plant, CroatiaGas treatment plant, Croatia
  • Pharmaceutical production line, DammamPharmaceutical production line, Dammam

Experience across Saudi Arabia

Our team has worked on national strategies, industrial investments and market entry in Saudi Arabia, alongside ministries, investors and manufacturers from Europe and the Gulf.

From EuropeEastern ProvinceQassimTabuk and NEOMMakkah and JeddahAsirRiyadh

Who we work with

GCC industry leaders and public bodies

We work with GCC industry leaders on investment feasibility, financing and strategy, including restructuring and implementation. We also support public bodies with national programmes and waste management.

European companies entering Saudi Arabia

We help European companies establish their business or legal entity in Saudi Arabia, from market studies and entry strategy to company registration and setup.

Sectors we know

Our team’s experience covers industrial investments, operating businesses and public programmes in these sectors.

  • Paper and packaging

    Feasibility and NIC support for a mega paper factory

  • Pharma and biotech

    Vaccine factory incentives, biotech group turnaround

  • Plastics

    Feasibility and incentives for plastics plants, pipes and sheets

  • Chemicals

    Detergents, wood coatings and a carbon-free LNG study

  • Food and dairy

    Market entry for a major cream cheese producer

  • Energy and utilities

    Solar, gas and wastewater treatment

  • Electrical equipment

    Aramco and SEC supplier prequalification for a European group

  • Waste and environment

    National waste strategy and regional masterplans

  • Automotive

    Investment opportunities for the Standard Incentives Program

  • Aviation and aerospace

    Aerospace investment opportunities for the Standard Incentives Program

  • Machinery and equipment

    Saudi holding setup for a USD 3 Bn machinery and equipment group

  • Public sector and finance

    Ministries, national programmes and banks

Clients and counterparts

  • Ministry of Investment
  • Ministry of Industry and Mineral Resources
  • Public Investment Fund
  • National Center for Waste Management (MWAN)
  • Economic Cities and Special Zones Authority
  • Royal Commission for Jubail and Yanbu
  • NEOM
  • Ministry of Culture
  • Končar
  • Veolia
  • IDOM
  • T-Mobile
  • ALAT
  • SAPPCO
  • Almona
  • DOK-ING
  • Belje
  • Saponia
  • Span
  • BLOMINVEST
  • Merak Capital
  • Klybeck Life Sciences
  • Ricardo
  • City of Zagreb
  • Modern Industrial Investment Holding Group
  • Nhara Healthcare Industries
  • Affirm
  • APIC
  • Nulabe
  • El Seif
  • Middle East Paper Company
  • Advanced Orbits
  • iCat
  • Varžak med
  • Fructal
  • Allagro
  • UDC
  • HEMEL
  • Smart Drones
  • ZCGO

The people who lead the work

  • Stjepan Dzalto

    Stjepan Dzalto

    Founder

    Works with industrial groups, investors and public bodies on turnarounds, corporate and national strategies, and the large programmes that follow them.

  • Dean Cinic

    Dean Cinic

    Partner, CEO

    Leads the firm and works with boards, senior government counterparts and institutional investors. Keeps senior relationships across the Saudi industrial, investment and incentive ecosystem.

  • Ahmed S. Alqahtani

    Ahmed S. Alqahtani

    Partner, Government Relations

    Retired Royal Saudi Air Force engineer officer and founder of Aflack Almotaqademah. Leads our relationships with Saudi government institutions and the defence sector.

  • Vedran Muhar

    Vedran Muhar

    Head of Investments
    and Incentives

    Leads feasibility study development, investment cases and integrated financial models for board decisions, and structures incentive and financing applications with MISA, MIM and SIDF.

  • Josip Gudelj

    Josip Gudelj

    Head of KSA
    Market Entry

    Leads market studies and Saudi market entry for European manufacturers and investors, from feasibility and localisation strategy to the setup and registration of their legal entity in Saudi Arabia.

  • Tag Nasreldin

    Tag Nasreldin

    Head of Restructuring
    and Efficiency

    Leads turnaround, restructuring and cost efficiency work, including governance, operating model and performance frameworks for boards, shareholders and post-investment value creation.

  • Lea Raos

    Lea Raos

    Head of Strategy
    and PMO

    Leads strategy development and PMO support for industrial companies, ministries and public bodies, together with market analysis and public tenders from bid to proposal.

  • Dr. Alexander Jovcic

    Dr. Alexander Jovcic

    Head of Waste
    Management

    Leads our waste strategies, regional masterplans and facility studies across the Middle East, drawing on over 20 years in waste, wastewater and environmental management.

How an engagement runs

  1. 01

    Understand the business

    Clarify the situation, the decision, the constraints and the outcome you want before designing the work.

  2. 02

    Align on the approach

    Turn the context into a practical roadmap with priorities, owners and implementation steps agreed with you.

  3. 03

    Own end-to-end delivery

    Support implementation and track progress against the agreed objectives.

Discuss your project with a partner

Answer two quick questions and leave your details. A partner will contact you.

  1. We read your requestA partner reviews your service and sector.
  2. A first conversationWe ask about the decision in front of you and what a good result looks like.
  3. A short proposalScope, team, timing and fee on a few pages, so you can decide quickly.
1Which service are you interested in?
2Which sector are you in?
3How can we reach you?