Dubai: Danube Group, based in the Jebel Ali Free Zone,Wednesday announced that its 1.3 million square foot factory project in Techno-Park is moving ahead.
The upcoming Danube's complex comprises seven manufacturing facilities and a custom designed warehouse to store a wide range of structural steel and wood products.
The seven specialised manufacturing facilities include melamine MDF pressing plant; impregnation and décor plyline facility; gypsum tile cutting plant; gypsum ceiling tile manufacturing plant; gypsum board stud and track plant; glass tempering and polishing plant; and aluminium profile manufacturing plant.
The company is estim-ated to be investing more than Dh50 million in the project. The new facility, to be completed in phases, will be functional by early 2011. The complex will support Danube's expansion plan in the coming years.
Commitment
Rizwan Sajan, Chairman of Danube Building Materials said: "The new manufacturing facility in TechnoPark demonstrates our commitment to our customers in the Middle East. In the last five years Danube has demonstrated robust growth and the company will continue on the same growth trajectory and meet increasing regional demand. In addition to increasing our manufacturing capabilities we also intend to expand our retail presence in the region and have planned seven ‘Build-Marts' in 2010."
The company started operations in 1993 and in 2001 it moved to Jafza and established its state-of-the-art head office in the free zone. Its facility in Jafza North includes its global headquarters and a modern logistics facility. It has been growing at a rapid pace ever since. To meet its exponential growth Danube added a facility in Jafza South which includes a high class warehouse, kiln drying facility for seasoning of wood and high-tech joinery.
Danube Group is one of the fastest growing construction and building material companies in the Middle East region. In the last five years Danube has achieved four-fold growth in its turnover as well as in revenue. In 2009, despite economic challenges in the region and world, Danube posted annual revenues of Dh1.1 billion.
