Synovate has been a global market researcher for more than 34 years. It combines 40 agencies worldwide and 116 branches in more than 63 countries, including Egypt. It conducts numerous researches on different consumer commodities and services.
“Olympic Group” topped the electric water heaters’ industry in the Egyptian market due to its long expertise for 37 years, and has for a long period of time been known as the top water heater in Egypt and the Arab region was. “Olympic Group” is unique in its application of technology in manufacturing “Olympic Electric” electric water heaters, using a “Stone” material in lining the water heaters to maintain the water temperature and increase the water heater’s longevity far more than other ordinary heaters.
“Olympic Electric” water heaters have no “magnesium rod”, which means that consumers can use them continuously with no need for periodical maintenance.
“Synovate rating confirms our pioneer position in the Egyptian and Arab market as appliances manufacturer. ‘Olympic Group’ now has the single largest stake in the appliances market reaching 30%,” said Mr. Ahmed El-Bakry, Olympic Group Chairman and Managing Director.
El-Bakry added that Olympic Electric water heaters are in the top positions in other countries like Libya and Jordan.
“We are currently increasing our exports in addition to continued expansion inside Egypt and abroad. This takes place through the establishment of factories, maintenance centers and new outlets,” he added.
“Olympic Group” is committed to fulfilling the needs of its different customers, whether they are electric, gas, built-in or solar water heater customers.
Moreover, “Olympic Group” owns a number of trademarks like “Olympic Electric”, “Ideal” , “Ideal Zanussi” and “Iberna” in Egypt, and is also the sole agent of “Electrolux”, “Frigidaire” in Egypt. The company provides periodical maintenance for its appliances via more than 45 maintenance centers nationwide.