USCO spA (Italy) group company sets the stage of regional expansion, praises Jafza's infrastructure efficiencies
DUBAI, United Arab Emirates, January 29, 2011:- ITR Middle East, a unit of USCO spA (Italy) and a leading specialist distributor of after-sales parts for construction and mining equipment, recently announced the moving of its offices into a modern newly-built facility in Jafza.
The facility was formally inaugurated by Massimo Glassini, President and Co-Founder, USCO spA (Italy), during a grand opening ceremony attended by senior officials from Jafza, ITR ME customers and all the CEOs and senior managers of USCO companies from around the world.
USCO is an Italy-based company and leads one of the largest groups in the world for stocking and distribution of after-market parts for construction and mining equipment. ITR ME started its activity in 2006 and today represents the largest distribution center in the region, with further plans of expansion - the first European company to do so.
Massimo Glassini, President and Co-Founder, USCO spA (Italy), said:
"Establishing ITR ME was a strategic step forward for USCO group to create a major gateway to the region's markets for our products and services. Today it has gone beyond that and is serving as a natural bridge linking Africa, the Middle East and Europe. We are extremely pleased with the infrastructure efficiencies created by Jafza, so essential for the development of our company. We are also happy that the growth of ITR ME has matched that of the region and contributed to it by creating the support mechanisms for the construction and maintenance companies involved in infrastructural development here."
Krishna Das, President, ITR ME, said:
"This is a landmark day for ITR ME and the USCO group as a whole as it represents a new stage in our business expansion in this region. The year 2001 was a turning point for our industry when the unmatched infrastructure and logistics sector growth in Dubai began to take off. ITR ME is proud to have played a significant role in the maturing of our industry by establishing a reliable channel for ex-stock equipment parts and distribution across the region. We thank all our customers and stakeholders for their support and remain committed to excellence in our services."
USCO group (www.usco.it ), with a projected turnover of more than US$ 350 million in 2011, employs some 1,000 people in its companies around the world. Its factories are located in Italy and Asia, with major distribution centers in Italy, the UAE, the United States, Australia, South Africa and India.
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© Press Release 2011
