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Schindler Olayan Elevator Co.

Schindler Olayan Elevator Co. is an elevator company based in Saudi Arabia. It employs approximately 300 people.

93 public people · 17 tender wins · 60 verified market signals

CountrySaudi Arabia
RegionGulf (GCC) · Middle East · EMEA
Schindler deskMiddle East & Africa (within Europe South)
HeadquartersSchindler Olayan Elevator Co. headquarters: King Fahd Road, Riyadh.
Employees300
Fleet (est.)~4,000 units
Revenue (Vertisk estimate)~US$61M (FY2025, est.)
Market positionSchindler Olayan Elevator Co. is a Schindler Group subsidiary in SA with approximately 300 employees and estimated revenue of EUR 51M. Active market presence focused on service, modernization, and selective new equipment.
Operates inFull-service elevator and escalator operations in SA including new installations, modernization, and maintenance services. Maintains approximately 4000 units under service contract.
Websitehttps://www.schindler.com

Public people

People & organisation

Across tracked career histories this company is broadly stable on headcount movement — 35 tracked people, 431 reactions earned on their posts, 4 in leadership roles, a median 4 years in role, 3 external hires, 4 internal promotions, 3 tracked departures over the last two years.

Recent arrivals and where they came from

Where their people come from

Where leavers went

Who is heard in the market

Based on tracked public career histories linked to this company and refreshed weekly. This is a sample of the organisation, not its headcount.

Tender wins (17)

All 17 lift contracts.

Market signals

Who wins lift work in Saudi Arabia

242 tender notices · independents hold 86% of named wins

By type of work

Saudi Arabia by type of work

Saudi Arabia market

Saudi Arabia national portal — tenders.etimad.sa

851 lift notices published on Saudi Arabia’s own procurement portal, shown in the original language.

Schindler Group in other markets

Other elevator companies in Saudi Arabia