Danube plans 12 news showrooms
Danube Building Materials is targeting 50% growth and plans to open 12 new showrooms in the region in 2010, according to chairman Rizwan Sajan
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The company reported revenues of AED one billion in 2009, and intends to secure 30% of its 50% annual growth target within the first quarter of this year.
“The GCC was an important market for us in 2009, considering the developments that transpired in the region despite the recession. “In 2010, we are confident that it will be easier for us to boost our business and achieve our targets given that the impact of the global financial crisis has not been as severe in this region as in other parts of the globe,” asserted Sajan.
“We are currently undertaking expansion initiatives in Jeddah, Saudi Arabia, and planning on venturing into Riyadh and Dammam, as well as further into Qatar, India and the African region by way of franchise agreements and dealer networks, and we are confident that we will realise the goals we have set for this year.”
Danube Building Materials has been active in a number of high-profile projects, including the construction of Abu Dhabi’s Yas Island development, Dubai International Airport terminal 3, Meydan Race Course, Dubai Sports City, Dubai Motor City, Emirates Golf Course, Palm Jumeirah and the Burj Khalifa. Other recent initiatives included the introduction of Danube Buildmart; a retail complex that offers a personalized shopping experience with a design assistance service.
“Our commitment to the UAE market is underlined by our continuous expansion efforts, which are aimed at addressing the building materials requirements of our customers across the emirates,” added Sajan.
