Portuguese company Sanitop plans in 2015 to invest around 1 million euros to establish a store in Angola, the chairman of the construction materials company said.
“It will be identical to the investment we made in Mozambique in 2013 amounting to about one million euros,” said Johan Stevens, the company’s chairman, which has been the Portuguese market leader for seven years, told Portuguese news agency Lusa.
In addition to 20 outlets across Portugal, where it employs about 150 workers, Sanitop is also present in Cabo Verde (Cape Verde), Belgium and Spain.
According to the chairman of the group founded 20 years ago in Viana do Castelo, this year, “turnover is expected to reach 29 million euros, which represents an increase of about 25 percent compared to last year.”
Sanitop’s business is focused on three product areas, namely installations systems through Sanitop Sistemas, heating, solar power and air conditioning through Sanitop Climatização and plumbing/decorative equipment through Sanitop Collection. (macauhub/AO/MZ/PT)