Focuses on sustainability and diversification
Despite a challenging market environment, the multinational technology group achieved record net sales of around AED 7.82bn in the 2023 financial year.
“Wilo’s consistent strategic focus on sustainability and diversification has allowed us to remain extremely successful, despite the economic downturn,” explained Oliver Hermes, President & CEO, Wilo Group.
The company continues to succeed globally, while also demonstrating resilient growth in the Middle Eastern market by providing advanced pump technologies for diverse sectors, particularly wastewater management in the MENA region.
Wastewater treatment
With a growing focus on wastewater treatment and the Middle East and Africa pump market expected to reach US$ 11.93bn by 2028, Wilo Middle East and North Africa strives to be a hallmark of excellence by offering cutting-edge solutions, exceptional services, and sustainable practices to clients across the region.
The Wilo Group had set the course for a strategic realignment in 2023. Its sustainability strategy now takes precedence over all other functional corporate strategies. Wilo has also invested heavily in modern and efficient corporate infrastructure and completed several acquisitions.
“Sustainable practices are woven into our choices, products, and partnerships, and will continue to be the base of our operations,” remarked Yasser Nagi, Group Director, Wilo Middle East and North Africa.
