CGC posts QR 641 millions turnover

Consolidated Gulf Co. (CGC), the leading IT, telecom and engineering conglomerate and Nokia partner in Qatar, has posted QR 641 millions turnover for the year 2009 maintaining a solid performance despite global financial turmoil that badly affected the world economy. CGC’s enterprise, engineering and IT businesses managed to further strengthen its grip on the local market thus retaining the company’s leading position in the technology solutions and services domains.
Anil Mahajan, COO, CGC, announced the company’s annual result in Doha recently. He said, “It gives us immense satisfaction to state that during 2009 we managed to sustain our revenue by overcoming many challenges arising out of the global financial crisis. Our different business streams registered substantial growth in line with Qatar’s excellent economic growth and achievement. The country’s vibrant economy and visionary approach helped us a lot to maintain our business momentum efficiently. With many mega projects underway in Qatar, CGC continued its winning streak clinching several prestigious projects on its way, including from Ministry of Interior, Qcompanies like QP, Nakilat, Kahramma among others.”
At the top of CGC’s projects chart is the Nakilat contract for ship repair yard. The implementation of the Container Management System at Mesaieed Port is another mega IT project being handled by CGC.
Mahajan informed that prominent in the long list of completed engineering projects during the said period were FEED for Lube Oil Cooler for fourth Crude Oil Loading pump at the national oil company’s facilities, ECS for Impressed Cathodic Protection for Tanks Sewage Treatment at Dukhan Fields, Provision for fresh water circulation facility for safety showers, decorative bus shelter at NGL. Among the on-going engineering projects are the supply, installation and commissioning of Online Monitoring System for Dissolved Gases and Moisture Analysis on Transformer for Kahramma, Integrated Control System for QP facilities at Halul, Consultancy for Kahramma network modeling and protection studies.

“As expected, the strategic Centralised Alarm Monitoring System (CAMS) project proved to be one of our major business generating domains during the past year with CGC being authorized by Qatar’s Ministry of Interior to supply, installation, test, commission, maintain and provide the CAMS services in Qatar.”
CGC also completed several existing projects in enterprise, security, structured cabling, PABX, SMATV, IP Telephony domains, including for IMCO, HSBC, Keppel Seghers, Sidra, etc.
Mahajan further said that CGC’s TETRA Division continued its success story adding more clients in its 300 plus list from MNCs to local companies, including the supply and installation of TETRA radio systems in Dukhan Fields.
The Qatari technology powerhouse’s business operations achieved another feat with the company’s fully-owned subsidiary in India, Converse Technology Pvt. Ltd., making further inroads in its specialized domains in engineering design, 3D Modeling and laser scanning businesses, both in domestic and overseas markets.
Despite recessionary effects, CGC’s flagship Nokia business managed to retain its leadership position in Qatar market. Among the major initiatives taken by CGC were the inauguration of two Nokia outlets in Gharrafa and Airport Road besides adding many dealer partners to spread Nokia’s reach to every nook and corner of the country. The company also held Dealer Partners Annual Nite and organized a motivational and rewarding trip to the Philippines for its best performing dealer partners.
“We pumped more energy towards our Nokia services sector and introduced a new concept called CGC Nokia Care Drop-Off Points so that our customers don’t have to travel far and can deposit Nokia phones in their neighbourhood itself for any after-sales support. Theses innovative approach also contributed to our growth. The grand opening of the first flagship Nokia Care center in Al Merqab and two more Nokia Care centers in Lulu Hypermarkets produced better results for the company.”
CGC’s eco-friendly efforts were duly recognised and appreciated with the bestowing of the Green Award on it. Not forgetting our Corporate Social Responsibility, we extended full fledged support to many socio-cultural, educational and environmental activities including National Robotic Olympiad, Women Mini Marathon, Youth Festival among others, stated Mahajan.

Speaking on the year 2010 business plan, Mahajan said: “CGC’s hands are full with a number of projects being on different stages of implementation and many new expected in near future. We are very much committed to lead by example and set new trends as far as technology domains are concerned and are looking forward very optimistically to fulfill the business needs of our clients cost effectively and timely. On Nokia business front, many new showrooms and Nokia Care centers are planned, including one opening in Villaggio mall. We are also upgrading facilities at the existing outlets to further strengthen our commitment to deliver the best possible services to valued customers. Though the recessionary challenges remain due to the effects of the global financial meltdown, we at CGC have been taking a number of initiatives to check expenditure and ensure maximum benefits to our esteemed clients so that they get full value for their investment.”