Parkomet signed an agreement in the amount of approximately NIS 6.35 million to replace the robotic parking lot in the “Florentine Quarter” project in Tel Aviv | This is the second agreement signed by Parkomet this week, to replace inactive robotic parking facilities, assembled by competing companies
Avi Yosef 30.10.2022
Parkomet International Ltd., which deals with the design, development, assembly and service of mechanical and robotic parking facilities in Israel, announces today that it has signed a substantial agreement in the financial scope of approximately NIS 6.35 million, to replace a robotic parking facility, which includes 138 parking spaces, in the project ” Florentine Quartet” in Tel Aviv. The agreement was signed with a leading enterprise and construction company, which is not a party related to the company or an interested party in it.
According to the agreement that was signed, it is about replacing a parking facility that was originally assembled by a competing company, and now a robotic parking facility will be supplied and installed by the Parcomat company.
In this parking lot, a “trayless” system of the Swiss company SOTEFIN SA, which Parcomat represents exclusively in Israel, will be assembled.
SOTEFIN is a leading manufacturer of robotic parking facilities in the world, active in the market for over 50 years and specializing in multi-parking robotic parking lots.
According to the agreement, the expected return to the company from the execution of the project will amount to a total amount of approximately NIS 6.35 million, which will be paid in accordance with the progress of the milestones, stipulated in the agreement, and which are expected to be completed in the second quarter of 2024. The company will recognize in its financial statements the income from this project, on According to the input method.
The signing of this agreement continues the trend that began a few days ago with the signing of another agreement, to replace a robotic parking facility that includes 18 parking spaces, in a building in the center of Tel Aviv with a financial scope of approximately NIS 1.7 million.
Both projects were originally undertaken by two different competing companies.
According to Giora Neve, CEO of the company, “As far as Parcomat is concerned, this is a very important transaction, choosing us to carry out this project is a clear recognition of the company’s leadership, its professionalism and the quality of its products. The establishment of the robotic parking lot in the Florentine Quarter project, at the time, marked the beginning of the era of robotic parking in Israel, but unfortunately the parking lot was not active. We are happy and excited that they chose us to replace the facility. Parcomat will also make this project a success. We will continue to act with dedication for our customers, in this way we will be able to attract new customers for continued growth for our investors.”