Batic Investments and Logistics Company is a Saudi joint-stock company, formerly known as the ''Saudi Transport and Investment Company,'' and commercially as the ''Saudi Refrigerated Transport Company.'' Established in 1984, the company specializes in the transportation, forwarding, and handling of various goods and materials to and from the Kingdom of Saudi Arabia.
Activities of Batic Investments and Logistics Company
The company engages in the establishment, management, and leasing of refrigeration warehouses, trailers, and refrigeration-related machinery and equipment. The company also conducts research, studies, and technical and administrative development to serve its objectives. In 2017, it was decided to rebrand the company to "Batic."
In 1991, Batic was listed on the Saudi Exchange (Tadawul) under the symbol 4110 and the name (BATIC), with ISIN (SA0007879808). As of June 2023, the company's capital stands at SAR600 million. Headquartered in Riyadh City, the company operates in the transportation sector, focusing on truck transportation.
The company underwent two name changes before becoming a joint-stock company. Initially, it was renamed from "Saudi Land Transportation Company – Mubarrad" to "Saudi Transport and Investment Company – Mubarrad," based on the approval of the Extraordinary General Assembly held in 2008. The name was changed again and the company's commercial name became "Batic Investments and Logistics Company."
Services offered by the company:
• Domestic transportation.
• Transportation across countries of the Gulf and the Middle East.
• Contract-based transportation.
• Truck-leasing transportation.
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