Gas Turbine Efficiency PLC
29 November 2007
29 November 2007
GTE opens office in Abu Dhabi
Gas Turbine Efficiency plc ('GTE' or 'the Group'), a leading manufacturer of
advanced systems to clean, monitor and enhance the performance of aviation and
industrial turbines, is pleased to announce that it has received approval to
open a branch office in Abu Dhabi.
The new office follows the appointment in October 2006 of Nama Development
Enterprises (Nama) as its exclusive distributor for United Arab Emirates. Nama,
a major UAE business services company, is owned by His Excellency Sheikh Nayan
Bin Mubarak Al Nahyan, Minister of Higher Education and Scientific Research.
The move is part of GTE's expansion strategy to focus on key growth markets
worldwide including the Middle East, which is experiencing a long term increase
in demand for industrial turbines due to strong infrastructure and industrial
sector investment.
Steven Zwolinski, CEO of Gas Turbine Efficiency plc, said: 'We are delighted to
receive approval for a branch office in Abu Dhabi. This is an extension of our
ongoing relationship with Nama and strengthens our marketing and customer
service capability in a region showing strong growth for our products and
services.'
Enquiries:
Gas Turbine Efficiency plc
Steven Zwolinski, CEO +46 8 546 10 528
Libertas Capital
Aamir Quraishi, Jacob Sayer +44 20 7569 9650
Corfin Communications
Neil Thapar, Harry Chathli +44 20 7977 0020
About GTE
Gas Turbine Efficiency plc is a leading manufacturer and services provider of
integrated solutions for enhancing the performance of gas turbines used
primarily in the aviation, power generation, oil & gas and chemical industries.
The focus is on improved performance and availability, fuel efficiency, lower
carbon emissions, restoration of optimal design and parts life extension,
resulting in increased profits for our clients and a cleaner environment. The
Group's product and services portfolio includes advanced wash systems,
performance monitoring, combustion design and repair, fluid and control systems.
The Group sells its products to blue-chip customers worldwide from operational
centres in Europe and the USA. GTE's shares are traded on the London Stock
Exchange's AIM under the ticker 'GTE'.
This information is provided by RNS
The company news service from the London Stock Exchange
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