Nowy Styl expands to Dubai
Investment & financeschedule 10 August 2018
POLAND/UNITED ARAB EMIRATES Office furniture suppliers and interior designers Nowy Styl has taken a 60 pct stake in Stylis Dubai in a joint venture with Saudi Arabian partner Stylis which holds a 40 pct stake.
The new company is to sell office and hotel furniture throughout the Middle East region. “We’ve been in the United Arab Emirates for several years and we have a branch in Dubai. In recent years, we’ve been working closely with Saudi company Stylis, for whom we’ve started to produce hotel furniture in Poland. By combining our know-how with that of our partner’s, we have created services that local investors value. In six years, we have furnished 21 four- and five-sta
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