UCD Conducts an Internal Restructuring of the United Facilities Management Company
 
June  05, 2017 

 
The United Development Company (UDC) has announced that, in addition to the previous disclosures regarding the sale of a stake in United Facilities Management Company (UFMCO), the commercial negotiations with various companies on such sale did not result in any agreement acceptable or satisfactory to the parties. Accordingly, an internal restructuring of the United Facilities Management Company shall be carried out in order to reduce the volume of operations in the company.