Danube Buildmart, the retail arm of UAE-based building materials supplier Danube Building Materials, has recorded a 46 per cent growth in sales in the region’s home interiors retail segment in 2010.

“Our recent performance reports show that Danube Buildmart has posted a 46 per cent growth in 2010 - a testament to the growing confidence and trust that consumers have placed in us,” said Rizwan Sajan, chairman, Danube Building Materials.

“The growth, which also reflects a year on year increase in profits, has also allowed us the foresight to look forward to another great year.”

“We are expecting to close the fourth quarter of 2011 with 30 to 40 per cent growth. Rest assured, Danube will continue to provide its customers with world class high quality building materials - promising to open more retail outlets and create a stronger market presence not only in the Middle East but also across a more global market,” he added.

Danube Buildmart is set to offer exciting new products like 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, he added.

The store also has a ‘design centre’, where customers can take floor plans of their houses and benefit from expert advice from consultants on which products suit their needs, as well as from consultation and after sales services dispensed by Danube’s interior design experts.

The company will be embarking on an expansion plan in the coming years with its recent Dh50 million ($13.6 million) investment in a 1.3 million sq ft manufacturing facility located in Techno Park, Dubai, a statement said.

“This is truly a banner year for us - not only are we looking to strengthen our market leadership in the region but we have also embarked on a strategic expansion move that will allow us to serve and provide our customers better,” Sajan said.

“We have also added more products into our portfolio; household and building materials that come from leading US and European brands. Moreover, our current 25,000 product portfolio affirms our aim to become a premier one-stop-shop for the Middle East region,” concluded Sajan.

Following the announcement of its recent 2010 growth report, the company has also revealed that they have added 10,000 new products into the current Buildmart portfolio - bringing the total product portfolio to more than 25,000 products, according to the statement. – TradeArabia News Service