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Business News of Sunday, 19 August 2007

Source: --

Israel's Rav Bariah to open store in Ghana

Israeli company that specializes in high security doors and windows to add three new stories to its abroad operations

Security products group Rav Bariah will open three new stores abroad in an investment worth $1.5 million, the Israeli company announced Sunday.

The three new stores will be opened in Georgia, Cyprus and Ghana, bringing to 33 the number of stores it owns worldwide.

The company, which specializes in making high security doors and windows, has a turnover of $15 million from sales abroad, 25% of its general earnings.

"The opening of the stores strengthens our operations and brand abroad. We expect to increase our sales abroad by 50% in 2008," said CEO Adi Bahri.

The company has stores in England, France, Turkey, Poland, Russia, the Czech Republic, Ukraine, Belgium and India among other locations.