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FINANCIAL NEWS
Danube seeks $1b revenue by 2015
22 Jan 2011
(MENAFN) Danube Building Materials founder Rizwan Sajan said that revenues by 2015 would amount to a billion dollars and would be achieved with the help of an expansion worth $54.4 million, reported Gulf News.
Sajan said that the company enjoys the benefit of a massive network, with 13 in the UAE, two in Oman and one each in Bahrain, Saudi Arabia and India as well as procurement offices in China and Canada. The company employs a team of 1,000 people.
It is worth noting that the company was established in 1993 and is a family-owned company. Since then the company became one of the largest suppliers of building materials in the UAE and the region.
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