Klea Holding Reorganizes its Governance and Unveils its Strategy

KLEA HOLDING announces a significant restructuring of its governance following its General Meeting on June 10, 2025. Raphael Smila, now Chairman and CEO, is leading this change with a focus on cost reduction and business optimization.

The group is focusing its efforts on performance in Dubai and on a strategic project in Saudi Arabia. Smart Salem, their subsidiary, is posting impressive results, with EBITDA expected to be between €8 million and €9 million by 2025.

At the same time, KLEA HOLDING is working to reduce its debt through accelerated deleveraging. Current projects include the expansion of Smart Salem in Dubai and the advancement of the KAFD Medical Center in Riyadh.

Finally, the emphasis is on protecting shareholder interests, with share buyback operations planned before the end of the year.