| Shakeri Electronics LLC was established in 1977, with the mission of becoming the leading dealer and distributor of electronics and electrical spare parts and accessories. It was in fact, the FIRST company in the Middle East to start a business in this line.Since its inception, Shakeri Electronics has steadily grown at the rate of 20% every year and has reached a turnover of over 25 million today.With our dedicated sales and delivery teams, we are able to efficiently and effectively satisfy the needs of our customer on time, every time. Our team of 12 people ensures that all aspects of the business are well-managed and help to achieve growth.
Shakeri is located in the prime area of Deira, the heart of the Electronics market. We are easily and strategically accessible from Naif Road, Nasser Square, Hyatt Regency as well as from the Shindaga Tunnel for customers from the other side of Dubai. We conduct business in the local market as well as overseas in Africa, Middle East and East European countries. Our strong customer base locally as well as overseas has enabled us to grow steadily and quickly. Though we have achieved tremendous growth since our inception, we always strive to look for opportunities to cater to a wider market and greater variety of products. To achieve this, our team is constantly on the move, planning overseas tours and meeting prospects in new markets or for new products. We are confident that we will retain and build on our market leadership for the end-benefit of our customers. |
Leading Cable & Electrical Accessories Distributor in United Arab Emirates – Shakeri Electronics LLC
December 10, 2007
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Expro awarded new exploration services contracts
December 7, 2007Three new contracts have been secured in the Asia region. The first is with French oil conglomerate Total in Indonesia, where Expro will provide mechanical wireline services in support of the Sisi Nubi project. The two other contract awards in this region include a contract through the company’s recently formed joint venture with China Oilfield Services (COSL) in support of Husky’s deepwater exploration program offshore China, and a well testing contract for Thang Long in Vietnam. In the deepwater program for Husky, Expro will complement the local capability of COSL with its proprietary deepwater subsea safety systems.
Meanwhile, in Latin America, the company has signed a contract with Energy Sea and Land Projects in support of Pemex’s well commissioning, testing and clean-up operations. Graeme Coutts, CEO of Expro, said: “I am very pleased to be able to announce these new high value contract awards. These contracts highlight the strength of our service portfolio and the value of our enhanced global infrastructure. This is further evidence of Expro’s robust international position in the global upstream sector.”
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KEI Industries inaugurates new HT/LT cable plant at Chopanki
December 6, 2007KEI Industries said on Monday that it inaugurated a new plant for manufacturing of HT and LT power cable at Chopanki, dist. Alwar in Rajasthan.
The plant has a production capacity of 10,000 km and will generate revenue of approximately Rs 3 billion annually, at its full productivity.
KEI is a manufacturer of power, control, instrumentation and specialty cables for the power, industrial, residential and commercial sectors. The company has established its position as a front runner in this business due to its cost effective, reliable and quality products, reflected in its approval from customers on stringent technical requirements
Shares of the company declined Rs 0.25, or 0.31%, to trade at Rs 80.9. The total volume of shares traded was 91,624 at the BSE.
Click the link below to view KEI Industries Multi Media Listing
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PRYSMIAN IS UNDERTAKING WITH BRAZILIAN ELETROSUL A NEW SUBMARINE POWER LINK, CONNECTING THE ISLAND OF FLORIANOPOLIS TO THE BRAZILIAN MAINLAND
December 6, 2007Also due to severe environmental concerns related to the unique and valuable characteristics of the area, the Project is a mile-stone in South America
Renewable energies and environmentally caring projects are more and more key to Prysmian’s development strategy
Milan, December 6th, 2007 – Prysmian Cables & Systems, a world leader in the energy and telecommunications cables industry, is undertaking a new submarine power link in Brazil, representing a mile-stone and pioneer project in South America, due to the severe environmental concerns related to the unique and valuable characteristics of the involved area. The new submarine power cable will connect the Brazilian mainland with the island of Florianópolis, answering the growing energy needs of the island.
To assure that the peculiar natural characteristics of the region’s fauna and flora will not suffer from the installation of the submarine cables, Prysmian, together with Eletrosul, performed detailed studies to assess possible changes to the original environment, strictly necessary for installing the line. These studies foresee reconstitutions to preserve or replant the local vegetation. Prysmian will perform its work while seeking to avoid any alteration to the works’ surrounding environment. In order to make sure that the work will not cause any damage to marine populations, a team of Eletrosul’s environmental department will also monitor the installation of the cables when they are launched and buried in the seabed.
Prysmian will supply the complete submarine interconnection system in three continuous 230kV cable segments – of 4,500 meters each, totaling more than 13 km – benefiting the entire population on the island of Florianópolis, whose power network is currently fed from the continent through two 138kV circuits installed on the Colombo Salles Bridge. The new power interconnection will assure more reliability to the supply of electric power to Florianópolis, avoiding the recurrent risk of lack of power.
In addition to the 230kV cable circuit, Prysmian will supply a 24 optic fiber submarine cable for the project, which will be used for transmitting data from Eletrosul, connected to an OPGW cable (optical ground wire cable) at both ends. The power cable life span is expected to exceed 40 years, whereas no kind of preventive maintenance will be required during that period.
Prysmian is the leader in the High Voltage cable market in Brazil, having developed a significant part of the national power transmission and distribution network. This project is a unique opportunity being the first of this kind in South America. Prysmian in Brazil can leverage on its recognized worldwide expertise and track record in the development of special projects that require high degrees of technical knowledge for the implementation of transmission and distribution power cable systems.
Prysmian
The Prysmian group is a world leader in the energy and telecommunication cables industry, with a strong market position in higher-added value market segments. Organised into two business units, Energy Cables & Systems (submarine and terrestrial cables for electricity transmission and distribution) and Telecom Cables & Systems (optical fibres and cables for video, data and voice transmission, and copper telecom cables), the Prysmian Group has a global presence with subsidiaries in 35 countries, 54 plants in 21 countries, 7 Research & Development Centres in Europe, the United States and South America, and more than 12,000 employees. Specialising in the development of products and systems designed to meet clients’ specific requirements, Prysmian’s main competitive strengths include its focus on research and development, its innovative products and production processes, and the use of advanced proprietary technologies. Prysmian is listed on the Milan Stock Exchange Blue Chip index.
Media relations
Lorenzo Caruso
Communication Director
Ph.0039 02 6449.21
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Samara Cable Company – Leading Russian Communication Cable Manufacturer
December 6, 2007
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Oman firms plan aluminium cable plant
December 5, 2007Oman Cables Industry and Takamul Investment Co, linked to state-run Oman Oil Co, will set up a joint venture plant to produce aluminium rods and electrical conductors. Oman’s bourse earlier cancelled trades in shares of Oman Cables after the stock surged almost 10 percent for a second trading day. A broker said there was talk on the market about Oman Cables opening an aluminium plant with another company.
“The project will be owned 51 percent by OCI and 49 percent by Takamul,” Hussain Salam al-Lawati, managing director of Oman Cables, told reporters after signing the agreement to set up the plant in Sohar. He did not say how much would be invested.
The plant, which is expected to go on stream by the first quarter of 2009, will use liquid metal from Sohar Aluminium smelter as its main feedstock. It will supply its products to regional power utilities and international markets
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Oki Electric Cable, develops an 8 metre IEEE1394.b compliant cable achieving 800Mbps transmission speed
December 5, 2007Oki Electric Cable Co., Ltd. announced it has developed the industry’s first “1394.b Long Cable (8 meters)” compliant to the IEEE1394.b standard. The product is a 1394.b cable, achieving an 800Mbps transmission speed. The product will soon be commercialized and Oki Electric Cable plans to launch sales from January 2008. “We achieved an 800Mbps transmission speed over an 8 meter-long high-performance cable by improving our manufacturing technologies so the structure will uniform throughout the cable length,” said Takashi Hattori, President of Oki Electric Cable. “We plan to provide our new cable to users for various applications in industrial equipment including industrial devices and robots.”
Nowadays, with the increase in demand for machine vision in industrial equipment and robots, demand for higher speed and noise-resistant cables is growing rapidly. By adopting a proprietary cable structure and reviewing the materials used, Oki Electric Cable succeeded in developing this “1394.b Long Cable (8 meters).” By developing an IEEE1394.b standard compliant cable with a transmission speed of 800Mbps, the company achieved an industry first.
Though IEEE1394.b compliant cables are usually up to 4.5 meters in length, longer cables have been in demand as testing equipment has become larger. By adopting a completely different structure than conventional 1394.b cables, Oki Electric Cable succeeded in reducing attenuation significantly while transmitting data over an 8 meter cable.
The product will be displayed at the Accessory Corner of booth #29 at the 2007 International Technical Exhibition On Image Technology and Equipment (http://www.seiki-tsushin.com/ite/eng/index.html) at Pacifico Yokohama in Japan from December 5th to 7th. The following items will also be displayed: high-bending resistance Cat.5e LAN cables, high-sliding resistance cables (1394.b) and camera link cables.
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Indian firm awarded contract to build Namibia’s power lines
December 5, 2007KEC International, has won a US$40 million contract to build electricity transmission lines for Namibia’s power hungry consumers. According to the deal, KEC will construct transmission lines for NamPower’s Caprivi Interconnector, a power project meant to avert the current energy shortfalls the country is experiencing, KEC said said Tuesday. The 350 kV double circuit bipolar high voltage direct current (HVDC) transmission line will run from the Zambezi River, in the eastern part of the country, to Gerus power station, in the hinterland of the country. The project, which was clinched through an international competitive bidding process, is anticipated to last 22 months.The Caprivi Link Interconnector is a 970-km 350kV HVDC bipolar line, which runs from Zambezi substation near Katima Mulilo in the eastern parts of the country to Gerus substation, situated between Otjiwarongo and Outjo in central Namibia. NamPower says that the Caprivi Link will interconnect the electricity networks of Namibia, Zambia, Zimbabwe, the DR Congo and South Africa to create an alternative route for power imports and exports to and from neighboring countries. Namibia, a net electricity importer, has been experiencing energy problems, as its major supplier, South Africa, is running out of surplus power to export. The country only generates 375 MW but demand has been rising due to increasing investment, particularly in the booming mining sector.
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Leoni expands fibre optics business further
December 5, 2007Leoni, said in a press release last week it is further expanding its activity in the high-growth market for fiber optics. Effective the end of November 2007, Leoni will acquire 90.2 percent of the shares in FiberTech GmbH. The Berlin-based company is among Europe’s leading providers of high-quality special glass fibers and complete fiber optic systems for laser beam transmission. These products are used, among other areas, in medical equipment as well as in industrial applications. By acquiring this fiber specialist, Leoni continues to consistently pursue its strategy of strengthening its business in profitable, technologically sophisticated niche markets. The Fiber Optics unit will now be able to offer a unique product range to cover widely differing applications along each link in the value chain: from the fiber to the cables and the related components, and through to designing and setting up glass fiber cable networks.
By acquiring FiberTech, the Group will extend its technological expertise in the field of special fibers. In the medical equipment sector, FiberTech makes special probes for laser medical technology. In addition, its technologically sophisticated products are used in the materials processing industry, in defence and aviation engineering as well as in biotechnology and astrophysics. Along with an outstanding competitive position in Europe, the company, founded in 1995, also has access to the US market and with the required FDA approval for medical products. FiberTech will, with about 50 employees, probably generate sales of approximately EUR 4.5 million in the 2007 financial year.
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EL SEWEDY CABLES TO ESTABLISH A TRANSFORMERS PLANT IN ZAMBIA
December 5, 2007El Sewedy Cables invests in a Greenfield operation for the production of distribution transformers
Cairo, Egypt: As part of its strategy to expand production facilities in the Middle East and Africa, El Sewedy Cables announced today that it will establish a plant in Zambia for the production of distribution transformers up to 5 Mega Volt Ampere (MVA”).
With a total investment cost of US$ 8.4 million. El Sewedy Cables will own 60%, whilst Zesco Ltd (the Zambia Electricity Authority). Zambia State Insurance Corporation, Zambia Consolidated Copper Mines and the National Pensions Authority will own 40 % of the new venture.
The new plant in Zambia will cover a surface of 5,000 square meters and will have an initial production capacity of I ,200 transformers per annum. The plant is expected to employ about 89 Egyptian and Zambian employees and is expected to increase our production capacity in the Middle East and Africa to reach 4,700 transformers.
Operations are expected to commence by mid-2008 and the plant will enjoy a five year tax exemption from the start of production.
Engineer Ahmed El Sewedy commented This is the first transfhrrners plant in the area and the consortium itself is very strong. Having our partner as the main customer is a huge advantage for us. This project is blessed with the backing of the Zambian president and government who have been extremely supportive in making this project a reality for us.”
For further information please contact:
| Ahmed Homosani Director of Investor Relations Email: a.homosani@elsewedy.com |
Click the link below to view El Sewedy Cables Company Listings
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