Rolman eyes $40m Saudi bearings market
Riyadh, June 20, 2013
The UAE-based Rolman Group, a leading distributor of bearings and related application-specific technical services in the Middle East and Africa, is boosting its presence in Saudi Arabia with an eye on the $40 million bearings market.
“We opened several branches in Saudi in the recent past in light of its significant bearings market, and the operations there have grown exponentially and continue to increase steadily,” remarked CEO Akram Muazzen.
Rolman set up its operations in Riyadh in 2009 under the name: Bearing Works. The very next year, the company opened the International Bearing House with its main branch in Jeddah in addition to branches in Riyadh and Dammam, all equipped with vehicles, showrooms, warehouses, and management offices.
“The facilities are strategically placed throughout the country and serve many rapidly expanding industries. We are able to offer top global brands to this market, and look forward to realizing further success in this sector as well as other regional markets alongside our international partners,” he stated.
Rolman’s operations in Saudi Arabia have taken off since its inauguration just a few years ago, he added.
Following the success of its Saudi operations, Rolman is now planning to start its Qatari operation. Also the group will be moving into its larger 33,000 sqm headquarters facility in the Jebel Ali Free Zone Authority (Jafza) in Dubai.
According to him, Rolman caters to several industries including: automotive, agriculture, transport, oil & gas, food processing, steel, cement, and other industrial areas.-TradeArabia News Service