GTE Signs Exclusive Distribution Agreement with Nama for UAE.Appointment of one of UAE's leading business groups is part of GTE's global expansion and follows the first order won in the Middle East from Abu Dhabi Abu Dhabi (ä`b thä`bē, zä–, dä–), Arab. Abu Zabi, sheikhdom (1995 pop. 928,360), c.
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GTE Gas Turbine Efficiency plc (Sweden & USA) ) ("GTE" or "the Company"), a leading supplier of advanced high pressure gas turbine cleaning systems for the aviation and power generation industries, announces that it has appointed Nama Development Enterprises as its exclusive distributor for United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. (UAE (Uninterruptible Application Error) The name given to a crash in Windows 3.0. In subsequent versions of Windows, a crash was called a "General Protection Fault," "Application Error" or "Illegal Operation." See crash in Windows and abend. ).
The agreement is part of GTE's expansion strategy to establish a presence in key growth markets worldwide and represents the first significant move into the Middle East, which is experiencing strong infrastructure and industrial sector investment.
Nama's appointment follows GTE's expansion into the large Russian market, announced on 2 October 2006, where it has set up a subsidiary in St Petersburg to address the country's estimated installed base exceeding 4,000 industrial turbines.
Nama is a leading UAE business services company and will market GTE's wash systems to industrial power generation and oil & gas industry turbine operators in the UAE. GTE's first order in the region was won through Rolls-Royce Energy/Nama from the Abu Dhabi Marine Operating Company operating company
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Steven Zwolinski, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Gas Turbine Efficiency plc, said: "We have made a long term commitment to the Middle East, an important global market segment, with the appointment of Nama as our exclusive UAE distributor. We are delighted that GTE has already made an important breakthrough with its first Middle East order and look forward to working closely with Nama in the years ahead."
Fakher Hashim, Nama's Business Development Manager, said: "I am excited about the technical and commercial advantages the GTE wash system is providing to customers. At Nama we are confident that the Abu Dhabi operating companies will have a strong interest in retrofitting the GTE wash system on their existing turbines, as well as specifying the GTE wash systems as the standard for their future required equipment."
GTE, whose shares are trading on London Stock Exchange's Alternative Investment Market, develops, assembles and markets cleaning systems, as well as other associated equipment, for the internal cleaning of gas turbine compressors. The Company sells its products globally to international blue chip customers in the aviation and industrial sectors and to date its products have been used on over 1,000 gas turbines across 34 countries in Europe, the Middle East, Asia and the Americas. Its operational centres are located in Stockholm, Sweden; Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation).
Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , and Troy, New York Troy is a city in New York, U.S., and the county seat of Rensselaer County. As of the 2000 census, the population was 49,170; in 1910, the population was 76,813. The city's motto is Ilium fuit, Troja est, which means "Troy was, Troy is. , USA; and St Petersburg, Russia.
For more than a decade now, Nama's team have worked hard to build a solid reputation as an efficient supplier to the needs of the Oil and Gas, Power and Water and Industrial sectors of the UAE economy. By combining our joint resources with a portfolio of premium quality international partners we endeavor to provide the best, competitive products and services to our key clients here in the UAE. Through a variety of support relationships tailored to specific needs, Nama works as a local agent, for among others, Rolls-Royce Energy and Solar Turbines Inc. and is a logistical support partner, project specific consultant or risk sharing joint venture partner. In every case however the aim is the same, to develop successful, sustainable business A business is sustainable if it has adapted its practices for the use of renewable resources and holds itself accountable for the environmental and human rights impacts of its activities. for our partners and us.