Page 10 - Centena Group PR Report - June 2025
P. 10

Press Release



                Technology demands and AI investments power Centena Group’s

                                         strong regional performance



               June 02, 2025: Centena Group, a leading player in the fields of science, engineering, education
               and technology solutions, recorded an impressive 22.5 per cent year-on-year growth in overall
               business performance across the Middle East for the year 2024, with Qatar leading regional
               performance by registering over 35 per cent growth.

               This robust growth reflects the region’s  rapid  adoption of integrated technology solutions
               across  education,  engineering, smart industries  and digital infrastructure sectors.  A major
               contributor was the region’s education sector, where a heightened focus on government-led
               initiatives, increased support for STEAM education, and rising demand for robotics and
               artificial intelligence (AI)-based learning tools enabled Centena’s education division, ATLAB,
               to achieve a remarkable 60 per cent growth rate.

               Additionally, strategic expansions, investments in AI, and developments across key verticals,
               including marine, industrial process solutions, identification and security, and laboratory
               furniture manufacturing, have significantly boosted revenue and the Group’s project delivery
               capabilities.

               Sanjay Raghunath, Chairman and Managing Director of Centena  Group said:  “The
               growth we achieved in 2024 reflects the region’s strong appetite for innovative solutions and
               our potential to deliver  value across different verticals. At Centena, we are committed to
               contributing towards making the world a better place by leveraging cutting-edge technologies
               across all our divisions. With a growing portfolio of projects, increasing global interest and a
               strong regional presence, we are confidently looking forward to doubling our growth in the
               next fiscal year, driven by strategic partnerships, integrated solutions and unwavering focus on
               innovation.”

               Building on a strong track record in Qatar, where the company successfully delivered tailor-
               made industrial metering and analyser solutions, both the IEP division and Emphor IPS are
               now actively exploring expansion opportunities in other high-potential MENA markets. As the
               region’s demand for customised industrial process solutions,  real-time data analytics and
               operational efficiency  is  surging, Centena’s  focus on innovation and localisation positions
               these divisions to capture significant new growth markets and deepen their regional footprint
               in 2025.

               Moreover, as the GCC has been intensifying  focus on  research, innovation, and STEM
               education, turnkey laboratory furniture solutions have become increasingly critical. In
               response, Centena’s strategic investments in 2024 enabled its subsidiary LABSPACE  to
   5   6   7   8   9   10   11   12   13   14   15