Dana Group

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Dana Group
Company typePrivately Held
IndustryMechanical and Industrial Engineering
FoundedMay 1, 1991 (1991-05-01) Dubai, UAE
FounderDr Birbal Singh Dana
Headquarters,
UAE
Number of employees
501-1000 employees
Parent DANA Groups
Website www.danagroups.com

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

Contents

History

In 1991, Dr. Birbal Singh Dana shifted[ clarification needed ] to Dubai and established Dana Group. [1] 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. [2] [3]

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. [4]

As of 2014, Dana Group is one of the largest international trading companies of steel, stainless steel, aluminium and other metals. [4] [5]

References

  1. "Revealed: 50 Richest Indians in the GCC". Arabian Business. Retrieved 8 December 2014.
  2. "Dana Group acquires ETA Profiles in big expansion". Construction Week Online. Retrieved 8 December 2014.
  3. "The GCC's 100 Most Powerful Indians 2014". Arabian Business. Retrieved 8 December 2014.
  4. 1 2 "Dana Group to Expand into Indian Steel Market". MEsteel.com. Archived from the original on 19 December 2014. Retrieved 8 December 2014.
  5. "DANA Group Acquires Water Heaters & Home Appliance Manufacturing Unit in Libya". PR ZOOM. Retrieved 8 December 2014.