Automotive technology company and supplier, Valeo, has established its presence in the region with a new regional office which it opened recently in Dubai.
The office will serve the entire Middle East as well as the wider region, with more than 14 countries in its scope. Apart from the UAE, these are Saudi Arabia, Qatar, Oman, Kuwait, Bahrain, Jordan, Syria, Lebanon, Egypt, Cyprus, Azerbaijan, Georgia, Iran and Iraq, said the company in a statement.
The Dubai office was opened in a ceremony that saw Eric Schuler, Valeo service president; Burak Akin, regional director; and Erdem Carkci, general manager, Commercial Division, welcome 20 customers and partners and share their vision of a long-term partnership.
The executives felt that this new office is the best way for Valeo Service Middle East to closely support its operations in the region and bring added value on key product lines such as transmission systems, braking, engine cooling, lighting and signalling, air-conditioning, wiping, engine management and electrical systems.
The company said its wide product portfolio is reinforced with specific services – such as the Valeo Connected Assistance, which is part of the Valeo Tech’Care programme, and the MyValeoParts part finder application – to ease the business of automotive professionals.
Valeo, an automotive supplier and partner to automakers worldwide generated sales of $19.5bn last year and invested over 11% of its original equipment sales in research and development, said the statement, adding that Valeo’s products and systems “contribute to the reduction of CO2 emissions and to the development of intuitive driving”. The group has 166 plants, 20 research centres, 38 development centres and 15 distribution platforms worldwide, and employs 100,900 people in 32 countries. It is listed on the Paris stock exchange and is a member of the CAC 40 index.