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The BATIC Group is a public company that was founded in 1984 and listed on the Saudi stock market. The group invests in various sectors including logistics, security services such as guards and money transportation, smart city solutions services, real estate development, and facilities management. The company was established as a limited liability company under the trade name "Saudi Refrigerated Transport Company", with an initial capital of 80 million riyals. It was transformed into a joint stock company and renamed "Saudi Land Transport Company". The company's name was later on amended two more times with the approval of the general assemblies. The current trade name became "BATIC Investment and Logistics Company", with a capital of SR 600 million, and a par value per share of SR 1.00. BATIC has been successful in becoming one of the primary companies that contribute to driving economic growth in Saudi Arabia. Today, BATIC invests in a group of companies, the most notable of which are "Mubarrad," "Amnco," "Smart City Solutions," and "BATIC Real Estate." Batic operates as an investment company with a diverse portfolio. Their areas of focus include: Logistics, Security Services, and Cash Management. Batic has also collaborated with Huawei of Korea, on smart city projects. These initiatives aim to enhance infrastructure and services in cities like Dammam and Dhahran. Their efforts align with Saudi Arabia's Vision 2030, which focuses on economic diversification and development.
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