• HSBC

Krueger forecasts 100% increase in GCC turnover

  • Middle East: Wednesday, January 07 - 2009 at 10:32

US-based office furniture manufacturing firm Krueger International is forecasting a 100% increase in GCC turnover this year. The company says the strong growth forecast is due to a sustained demand for furniture across KI's key industry sectors including higher education and healthcare. 'In the period from 2003 to 2007, the company's turnover was $2 million,' KI Middle East sales manager Steve Vellozzo said. 'This figure skyrocketed to more than $4.5m last year after winning a string of prestigious business projects such as Aldar Properties and Adma-Opco's headquarters in Abu Dhabi, and the Etisalat Tower in Dubai.'

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