Sheikh Hasher (right) with Sajan seen holding the award

Danube Building Materials has been listed as one the UAE’s top 20 performers for 2008 by Newsweek’s Arabic edition. Sheikh Hasher bin Maktoum Al Maktoum, director general, Dubai Department of Information, presented Danube chairman Rizwan Sajan with an award marking that achievement.

Among Danube’s most notable achievements in 2008 was its establishment of seven new facilities in the UAE and across the region. The company’s latest investments comprise a manufacturing facility in China, a production plant in Ajman, a ceiling manufacturing hub in Sharjah and a steel factory in Oman.
In addition, Danube has also made sizeable investments within the major sub-sectors of the construction industry, including the UAE steel, aluminium and glass markets and the Bahraini steel market.
The company has launched two Buildmart retail complexes, one in Ras Al Khaimah, UAE, and the other in Bahrain.
Danube’s sales revenues in 2008 were Dh1.1 billion ($300 million) up 70 per cent over the previous year.
“We perceive the current financial climate as an ideal opportunity for the market to correct itself and build on its strengths,” said Sajan.
 “Having maintained our strong market presence since the onset of the real estate slump, we are intensifying our efforts to meet all our customers’ needs and the market’s demand. The next few years will witness significant growth for Danube, as we roll out our plans to establish more facilities as well as retail complexes across the UAE and the GCC region.” Danube is based in the Jebel Ali Free Zone-South where it also has warehouses, logistics, kiln drying and a factory.
The company has 14 branches including two in China and one in India.