Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Qatar - Whirlpool ties up with Tadmur for home appliance distribution  Join our daily free Newsletter

MENAFN - The Peninsula - 30/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - The Peninsula) Whirlpool, a global player in the home appliance industry, aims to achieve leadership position in Qatar's home appliance market in five years. The US headquartered company, on Tuesday, announced partnership with Tadmur Trading for distribution of its home appliance in Qatar.



Whirlpool, which is currently present in 170 countries, has charted a strategy to gradually expand its presence in Qatar by increasing its market share to 35 percent in five years.



"In one year we expect to achieve 10 percent market share in home appliance category," said Lorenzo Milani, general manager MEA (Middle East- Africa) region, Whirlpool.



"We expect to become either a number one or a number two player in next five years," he said



Qatar's home appliance is estimated to be around 220m and a company needs to acquire at least 35 percent market share to become market leader



"We are confident that the combination of our extensive infrastructure, unmatched logistics capabilities and the strength of our sales force will enable us to extend the current distribution network of Whirlpool Home Appliances Portfolio," said Raed Halawa, general manager, Tadmur Trading



Whirlpool in association with its exclusive distributer Tadmur Trading on Tuesday launched a full range of its home appliance. Whirlpool products include built in kitchen appliances, washing machines, dryers, refrigerators, freezers, ice makers, dishwashers, cookers, microwaves, air conditioners and water purifiers.



"The partnership equips Whirlpool with broader distribution of its products and services throughout Qatar by leveraging Tadmur Trading's supply chain expertise, extensive infrastructure and unique commitment to meet the ever changing needs of its customers," said Milani.



"The partnership with Tadmur Trading in Qatar will create a new set of opportunities to better serve our consumers, while providing easier access to our innovative home solutions; exploring the limits of technology and taking an innovative approach to bring to the market the most intuitive and intelligent appliances possible," he said


 


The Peninsula




  MENA News Headlines
 Sep 23 2014 - Real Estate Transactions Worth over QR660 Million Last WeekQatar News Agency
(MENAFN - QNA) Real estate transactions between September 14 and 18 for the real estate sales contracts registered at the Ministry of justice are worth QR660,849,178, the real estate registration ...

 Sep 23 2014 - White House Intruder Raises Questions of Failures of US Secret ServiceQatar News Agency
(MENAFN - QNA) Questions are being raised in the US Congress and in the public about the failures of the US Secret Service to stop a man carrying a concealed knife from climbing over a fence and ...

 Sep 23 2014 - Saudi Arabia Seeks UN Resolution to End Israeli OccupationQatar News Agency
(MENAFN - QNA) The Kingdom of Saudi Arabia vowed today that it's time to seek a UN Security Council resolution to set a timetable to end the Israeli occupation of Palestinian territories and achieve ...

 Sep 23 2014 - Qatar to Host 13th UN Congress on Crime Prevention and Criminal JusticeQatar News Agency
(MENAFN - QNA) The government of the State of Qatar and the United Nations Office on Drugs and Crime (UNODC) signed here Monday an agreement for hosting the 13th UN Congress on Crime Prevention and ...

 Sep 23 2014 - Vice Chairman of Hungarian Investment Promotion Agency Meets Qatari AmbassadorQatar News Agency
(MENAFN - QNA) Vice Chairman of Hungarian Investment Promotion Agency Bettina Hruby met with HE Qatar's Ambassador to Hungary Abdullah Hussein Al Jaber. During the meeting, they reviewed bilateral ...

 Sep 23 2014 - French Premier Says 'No Negotiation' With AbductorsQatar News Agency
(MENAFN - QNA) French Prime Minister Manuel Valls Tuesday said there would be "no discussion, no negotiation" with an Algerian group that has abducted a French citizen. The Prime Minister told ...

 Sep 23 2014 - Turkey to expand trade with SharjahMENAFN
(MENAFN) A delegation of Independent Industrialists and Businessmen Association (MUSIAD) from Turkey held a meeting with the director of Hamiryah Free Zone Authority (HFZA) and Sharjah Airport Free ...

 Sep 23 2014 - Lebanese Soldier Killed in Gunfire Attack in TripoliQatar News Agency
(MENAFN - QNA) A Lebanese soldier was killed and two other soldiers wounded on Tuesday morning when an unidentified car opened fire on the Lebanese Army's barracks in al-Beddawi near the northern ...

 Sep 23 2014 - Saudi flag unfurled on world's tallest flagpoleArab News
(MENAFN - Arab News) Jeddah municipality will today hoist a giant Saudi flag onto the world's tallest flagpole to mark the country's 84th National Day.The pole is 170 meters high while the flag is ...

 Sep 23 2014 - Killing of Saudi hostage taker under probeArab News
(MENAFN - Arab News) The Saudi Embassy in Kuwait City said Monday that it was following up the killing of a Saudi citizen who had taken his family hostage at gun point in an exchange of fire with ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help