Wednesday, August 25, 2010

Danube to open its biggest ‘BUILDMART’ showroom within a mall

Danube to open its biggest ‘BUILDMART’ showroom within a mall

New store to mark company’s 10th retail facility in GCC

August 24, 2010

Danube Building Materials, the leader in construction, building materials and shop fitting industries, has announced plans to open its biggest ‘Danube BUILDMART’ showroom within a mall by October 2010. Set to occupy 35,000 sq. feet within the Dalma Mall in Abu Dhabi, the new store will mark the company’s 10th retail facility in the GCC, and its fourth branch within a local shopping mall. The move is part of the company’s AED 200 million expansion initiative, which is focused on establishing 16 branches for its flagship retail brand by the end of the year.

The announcement of the planned launch follows the opening of the first ‘Danube BUILDMART’ branch in India last July, and an earlier proclamation that the company is looking at an initial public offering (IPO) listing in Saudi Arabia or the UAE within the next 5 years. In addition to growing its business in the UAE, the company further revealed that it expanding to Qatar and other parts of Saudi Arabia and Oman, as well as in China, where it currently has one of its major manufacturing plants.

“Our commitment to providing clients all over the UAE with the best quality products and the highest level of customer service will once again witness a major boost with the upcoming launch of our newest and biggest ‘Danube BUILDMART’ showroom that is situated within a mall,” said Rizwan Sajan, Chairman, Danube Building Materials. “We are very excited to unveil this latest addition to our rapidly-expanding family of first-class retail showrooms, and we are confident of the positive impact of this massive investment in our bottom line as well as to the strength of the ‘Danube BUILDMART’ name in the country.”

Set to offer products from a host of reputed international and regional vendors including chandeliers, wall paper collections, curtains, carpets, luxury sanitary ware, Venetian blinds, wooden flooring, garden accessories, home décor and soft furnishings such as quilts, mattresses, towels, and pillow covers, among others, all products in the new showroom will be installed in an actual home set-up for a more personalised shopping experience. In addition, the store will also have a ‘Design Centre’, where customers can take floor plans of their houses and take expert advice, excellent service, design assistance and inspiration from consultants. At present, there are 9 retail outlets under the ‘BUILDMART’ banner, which are located in Dubai, Abu Dhabi, Al Ain, Ras Al Khaimah, and Al Fujairah in the UAE; in Bahrain, Saudi Arabia, and the latest one in India.

“Abu Dhabi remains a strong market, and the opening of our newest branch in the city is a testament to our confidence in the emirate’s growth, especially in the construction and real estate front. We are confident that this new venture will be a key success and a highlight for our business this year,” concluded Sajan.

About Danube Building Materials FZCO
Established in 1993, Danube Building Materials FZCO provides more than 15,000 products in stock and in-house value added services in all of its 14 showrooms across the UAE. The company operates from its head offices – a 285,000 square foot facility in Jafza north and a 365,000 square feet base in Jafza south, which houses its logistics centre, kiln drying facility, factory and warehouses. From a small trading firm, Danube has grown into one of the largest building materials company in the region, with 18 branches worldwide - 13 in the UAE, 2 in Oman, 1 each in Bahrain, Saudi Arabia and India, in addition to procurement offices in China and Canada. Danube has a team of 1000 people working from strategic locations in across the Emirates, including Jebel Ali, Deira and Abu Dhabi. The company has been and is currently involved in major projects across the UAE, Oman and Bahrain, including Emirates Hills, the Burj Al Arab, Shangri-La Hotel, Grand Hyatt, Motor City, Burj Dubai, Dubai Airport Terminal 3, Yas Island, Reem Island, Saadiyat Island, and Al Raha Beach Hotel, among others.

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