Smart city initiatives see Gunnebo’s ME revenues spike
Gunnebo will participate at Intersec to showcase the latest generation of security solutions
Security solutions company Gunnebo has reported record revenues from its Middle East operations in 2016.
The company's Middle East business grew 10 times since it marked its presence in the region on 17 January 2000. It has revealed its largest product groups are entrance and electronic security, perimeter protection, safes and solutions for cash management, with most business coming from banks and public and commercial buildings.
Jacob Touma, regional manager for Gunnebo in the Middle East, said: "As regional governments and companies invest heavily in security and technology, we have experienced buoyant growth. Our core business, for more than 100 years, has been to protect people, assets and valuables. So, our main contribution to the Middle East is to provide high-quality solutions for increased security and protection for our customers' employees and businesses. Our solutions also contribute to the fast development of the region. In the UAE, for example, our products within cash management is supporting the city's transformation from an e-city to a smart city to a happy city."
Gunnebo will be participating at Intersec, where its stand will showcase its full security offerings required for a high-risk site. It gives visitors a 360-degree experience of how Gunnebo can provide various security solutions, starting with the perimeter protection from the outside; and moving inside, visitors can experience entrance and access control as well as anti-blast, anti-bullet and anti-vandalism solutions.
Gunnebo's boarding control solutions as well as cash management and valuables storage solutions for stores, banks and businesses, will also be on display as well as Gunnebo's total electronic security solution.
Touma concluded: "Our participation at Intersec shows our commitment to this region which is a key market for us. Security is a great concern in this region as it is in the rest of the world, with year-on-year increase in investment to protect and secure employees, assets and valuables. Even though the region is affected by falling oil prices, we have experienced strong growth."
Gunnebo with its regional headquarters in Dubai and representative offices in Saudi, Oman and Turkey; and partners in other markets, is well positioned to grow its business in the Arabian Peninsula, in particular, and Middle East, in general.