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FINANCIAL NEWS
GTHE sales expected to double this year
18 Sep 2013
(MENAFN) UAE Galadari Trucks and Heavy Equipment Company (GTHE) expects sales to double in 2013 versus last year, Khaleej Times reported.
GTHE, the exclusive distributor of several international brands of heavy earth moving, construction, and materials handling equipment, is part of the Galadari Brothers group of companies.
Acting General Manager Samer Khaled, said, “Huge investment in the infrastructure sector and strong recovery in the property market have increased demand for heavy machineries in the country boosting GTHE sales,”
“We recorded a 20 per cent growth in machines sales in the first six months of 2013 and hoped to maintain the same by the end of the year. Parts sales and after sales business is around 30 per cent higher than last year”s first half,” he added.
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