Grundfos Egypt eyes sales up to 15% in 3yrs

Big 5

Water supplier company Grundfos Egypt is targeting a 15 percent growth in its annual sales for the next three years, its general manger Ihab Eshak said on Thursday.

Grundfos Egypt, which is a pump firm connecting with millions of people every day, develops water solutions for the world and sets the standard in terms of innovation, efficiency, reliability, and sustainability.

The company’s solutions help its partners and customers move water to where it is supposed to go.

“We have achieved a 10 percent growth in our business volume during the current year,” Eshak told Amwal Al Ghad.

Grundfos owns two administrative headquarters in Cairo and Alexandria governorates, he said.

“We are participating in executing most of the major national projects in Egypt,” he said, adding that the country’s new administrative capital and 1.5 million-Feddan projects represent 20 percent of Grundfos’ total business volume.