DAB targets 50% ME revenue growth

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DAB  targets 50% ME revenue growth
Sandro Stramare, CEO of DAB Group

Dubai - . DAB is among a few water technology solution providers globally to offering a comprehensive range of water management solutions with more than 2,000 products.

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Published: Tue 29 Nov 2016, 7:30 PM

Last updated: Tue 29 Nov 2016, 10:04 PM

DAB Water Technology, an Italian frontrunner in the global water management industry, eyes at least 50 per cent growth in the Middle East market in the next few years. DAB officials said it will target the exponential infrastructure-development activities underway in this market, where there is a huge requirement for sustainable water pumping, submersible motoring and other water management technology solutions.
DAB Water Technology, with a ?280 million turnover last year, produces over three million pumps per year catering manly to residential, commercial, and agricultural irrigation sectors. The industrial technology giant manufactures a wide range of electrical pumps, motors for submersible pumps, and electronic solutions for pumping systems.
Sandro Stramare, CEO of DAB Group, said: "We are very focused on expanding the reach of our solutions in the Middle East, apart from the European, the US and Chinese markets. We have recorded 65 per cent growth in the European market. DAB's added value has always been its ability to combine an extensive experience and tradition with research on technological innovation."
"As part of our strategy to grab the Middle East market share, we showcased technologically advanced solutions at The Big 5 in Dubai this year. These solutions set themselves apart thanks to their ease of installation, energy savings and maximum reliability in the domestic, residential and civil sectors. The range of products on display includes specialist devices for water boosting, water supply and waste water sectors that are suitable for this market and capable of offering extremely high and efficient performance levels," he added.
"We are expecting to get more approvals from consultants to explore the region's residential building projects. Our structure is the same in the different GCC markets, so we support our official importer to work in the UAE. For the GCC market, we have specific products made with stainless steel. DAB invests more in products with higher technology for standard sustainable solutions," said Michele Porro, regional export sales manager for DAB Water Technology. - business@khaleejtimes.com
 


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