Sheikh Adel Aujan: change in company status to maximize efficiency | Sheikh Adel Aujan: change in company status to maximize efficiency -
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Sheikh Adel Aujan: change in company status to maximize efficiency

Saudi Arabia: Sunday, September 14 - 2003 @ 15:32

Aujan Industries, which has a global export reach from the Kingdom’s Eastern Province, has changed its status from limited-liability company to joint-stock company. Sheikh Adel Aujan, speaking at the company’s Alkhobar headquarters yesterday, said the development was an indication that the company’s vision was firmly fixed on the future and added that it was the foundation of a much larger package of commercial and technological enhancements.

“We have always prided ourselves on being responsive and efficient to consumer and market needs and this new structure will allow us to meet those needs with even greater efficiency and effectiveness,” said Sheikh Adel, the chairman of the company.

The change to a joint-stock company is part of a major re-structuring, he continued, and would ensure that Aujan could continue to expand its distribution reach – both locally and internationally – and further develop, market and deliver innovative products. He added that Aujan had incorporated an extensive range of new production line facilities and other advanced technology. “We have reviewed all aspects of our business in recent months and are now in the process of streamlining and upgrading business practices,” he said. “Aujan has always been a company with a strong family identity and we are continually enhancing the way we do business to reflect international standards. This re-organisation will give us more tools to sustain our position.”

The approval for the change in Aujan’s status was given last month. Recently, new can filling and PET production facilities were introduced, boosting Aujan’s capabilities to meet its strong local commitments and ever-expanding export demands. The company exports to countries throughout the Middle East, Africa, the US and Europe, including the UK.

“An international business needs an international vision. The changeover of Aujan to joint-stock status raises the company’s profile and firmly indicates the direction in which its business is heading,” Sheikh Adel concluded.

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Sunday, September 14- 2003 @ 15:32 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.

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