OFFTEC Holding Group Newsroom

31-01-2021

OFFTEC Holding Group Fully Acquires World Axis Trading Company for Modern Lighting Solutions

In alignment with its growth and diversification strategy, OFFTEC Holding Group (OHG) has recently acquired 100 percent of World Axis Trading Company (WATCO) for high-end architectural lighting products..

05-05-2021

OFFTEC Holding Group achieves 40% Growth in Profits Attributable for Shareholders in 2020

OFFTEC Holding Group (OHG) has reported a net profit growth of 40% attributable for shareholders in 2020 compared to 2019,The achievement was reached due to the group’s effective approach in dealing with all the changes the region witnessed..

27-08-2018

OFFTEC Holding Group Acquires 60% of WATCO for Modern Lighting Solutions

OFFTEC - a subsidiary of OFFTEC Holding Group (OHG) - acquired in July 2018 a majority share in World Axis Trading Company (WATCO) for high-end architectural lighting products, solutions and building automation systems..

29-04-2018

OFFTEC Holding Group Elects New Board of Directors 2018

The OFFTEC Holding Group’s (OHG) Shareholders General Assembly has elected a new Board of Directors, an election process which takes place every four years, during the Ordinary General Assembly Annual Meeting..

07-05-2017

OFFTEC Holding Group Achieves 250% Growth in Profits in 2016

The General Assembly of Shareholders at OFFTEC Holding Group (OHG) has reported a net profit growth of 250% in 2016 compared to the previous year. This announcement was made during the annual Shareholders’ Ordinary General Assembly Meeting..

01-05-2016

OFFTEC Holding Group Announces 60% Profit Growth in 2015

OFFTEC Holding Group’s (OHG) Shareholders General Assembly has announced a growth of 60% in last year’s net profits compared with the same period during 2014..