The ceremony was Arabian Business’s sixth consecutive Achievement Awards and took place on Saturday 9th December at Emirates Palace Hotel, Abu Dhabi.
Adel Aujan, Chairman – Aujan Industries said, “It is a great honor for Aujan to receive the Arabian Business Achievement Award, one of the most respected business awards in the region. We at Aujan take great pride in our business. We have invested immensely into understanding the market dynamics, adapting to change, and planning for future growth”.
Aujan’s success is fuelled by its (555) business strategy – US$500m in five years with five brands. “We have outlined a clear and distinct goal through 555, which has been internalized by everyone at the company. The team’s motivation is evident in our ability to exceed our targets within the last couple of years, growing at 2.5 times the market rate and nearly doubling our annual turnover” stated Alex Andarakis, CEO – Aujan Industries.
Aujan have developed an innovative portfolio of powerhouse brands for the youth generation, which represent the values and tastes of the region. The five brands Rani, Barbican, Vimto, Hani and Base are fundamental to the success and the future of the company. The future for Aujan entails expansion into new markets, further investment in manufacturing capabilities and plans to become a public share company,
The Arabian Business Achievement Awards evaluate and recognize 13 different categories annually acknowledging the complete spectrum of business across the Arab world. For the selection process, a panel of judges reviewed and assessed nominees.
In addition to their success at the Arabian Business Achievement Awards, Aujan Industries recently won 3 awards at the Campaign Middle East Media Awards.
Thursday, December 14- 2006 @ 13:36 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.