Dana Group Explained

Dana Group
Type:Privately Held
Industry:Mechanical and Industrial Engineering
Foundation: Dubai, UAE
Founder:Dr Birbal Singh Dana
Location City:Dubai
Location Country:UAE
Num Employees:501-1000 employees
Parent:DANA Groups

Dana Group is a group of companies in the global steel industry.,[1] [2] founded by Birbal Singh Dana in 1991. It is known as a manufacturing hub for steel and automotive lubricants.[3] The company has its headquarters in the UAE and has branches, offices, and manufacturing facilities located in India, Qatar, and Libya.[4]

History

In 1991, Dr. Birbal Singh Dana shifted to Dubai and established Dana Group.[5] Since then, Dana Group has grown to over 500 employees. In the financial year of 2004 to 2005, Dana Group had an annual turnover of 500 Million and since then there has been a substantial growth each year.[6]

Dana Group has relationships with major steel mills around the world including Posco, Essar Steel, Hyundai Steel, Tata Steel, Libyan Iron and Steel Company, Sail, Hyundai Hysco, and Arcelor Mittal.

As of 2014, Dana Group is one of the largest international trading companies of steel, stainless steel, aluminium and other metals.[7]

Notes and References

  1. Web site: DANA GROUP to start coil service center in Libyan as a part of its rapid expansion plans . dead . https://web.archive.org/web/20160304035830/http://www.steelmillsoftheworld.com/news/newsdisplay_moreover.asp?slno=17906 . 4 March 2016 . 8 December 2014 . MEsteel.com.
  2. Web site: Dana Steel - UAE-INDIA-QATAR-SAUDI-ARABIA-OMAN-BAHRAIN Steel Coils/Sheets/Slits Supplier . 8 December 2014 . Scribd.
  3. Web site: DANA Group to Expand into Indian Steel Market . 8 December 2014 . News Wire Today.
  4. Web site: DANA Group to Have Joint Venture with Unique Qatar to Expand Foothold in Qatar and GCC Market . 8 December 2014 . PR Log.
  5. Web site: Revealed: 50 Richest Indians in the GCC. Arabian Business. 8 December 2014.
  6. Web site: Dana Group acquires ETA Profiles in big expansion. Construction Week Online. 8 December 2014.
  7. Web site: DANA Group Acquires Water Heaters & Home Appliance Manufacturing Unit in Libya. PR ZOOM. 8 December 2014.