Farnek achieves international standard for asset management

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Leading UAE-based total FM firm successfully completes certification assessment for its asset management system against ISO 55001

Markus Oberlin, CEO, Farnek.
Markus Oberlin, CEO, Farnek.

Leading UAE-based total facilities management (FM) company Farnek, has successfully completed the certification assessment for its asset management system complying with ISO 55001:2014, according to international external auditor Bureau Veritas.  

ISO 55001 provides a framework for an asset management system that will help Farnek to pro-actively manage the lifecycle of its assets, from initial acquisition to retirement. The system will also reduce the risks and the costs associated with owning assets, in a structured and efficient way, that will sustain continual improvement and create further value moving forward.

Commenting on the quality milestone achievement, Markus Oberlin, CEO, Farnek, said: “Achieving ISO 55001 will provide us with a structured, best practice approach to managing the lifecycle of our assets. It will also help to reduce the risks associated with owning assets – anything from unnecessary maintenance costs and inefficiency to accident prevention – which will undoubtedly improve our health and safety performance.

“Our customers will also benefit from the enhanced quality assurance of the services we deliver. Indeed, ISO 55001 will also help to improve our existing and new business acquisition and retention, as stakeholders can clearly take confidence from the fact that they know we have a defined strategy in place, to make sure that assets meet the necessary safety and performance requirements.

“Moreover, it clearly demonstrates that we are meeting the requirements of an internationally recognised asset management system,” he added.

Bureau Veritas, a global leader in certification, guided Farnek through the certification process and conducted the final assessment. In a statement from the technical department, the company said:

‘Farnek has been recommended for registration and issuance of the corresponding certificate. We would like to take this opportunity to congratulate the team for this achievement.’

Babar Hussein, Farnek’s HSEQ Manager, said: “Our operations and IT departments in particular have worked tirelessly, to make this external audit successful. When it comes to health, safety, environment and quality, we always adhere to the highest standards and operate to international best practice. Now that it is official, it is very gratifying to be globally recognised for this.”

The ISO achievement comes only weeks after Farnek announced that it would build a new staff accommodation centre, close to Al Maktoum International Airport-Dubai World Central, at a cost of AED 150 million, which once complete, will house 8,000 employees.

This 100,000 square feet facility should be complete by December 2018 and will raise the bar for intelligent buildings through total efficiency and connectivity and will be a model for waste management and smart energy concepts.

About Farnek

Established in the UAE since 1980, Dubai-based Farnek Services LLC/Farnek Middle East LLC is an international full service property management company.

With a skilled workforce of more than 3,500 employees, Farnek has now added offices in the Northern Emirates, to its existing offices in Abu Dhabi and Dubai, to deliver professional FM services for over 2,500 properties to high quality, world-renowned organisations such as Dubai Airport, Emirates Airlines, Abu Dhabi Airport, Etihad Airways, Dubai Mall and Dubai’s latest high profile mixed-use community, City Walk.

In 2010, following a successful tender bid, Farnek received the ultimate trade reference – the maintenance contract for the tallest building in the world, Burj Khalifa. This paved the way for Farnek to confirm its position as the leading FM company in the UAE, which was capped with Farnek being awarded the 2015 Facilities Management Middle East ‘Overall FM Company of the Year’ award.

Being an innovative and technology-led company, Farnek was one of the first FM companies to offer an online maintenance platform and in conjunction with Hitches & Glitches, (part of the Farnek group since 2014) it has also signed an agreement with Gadgitech, a UAE distributor of smart home products. Besides a potential retail collaboration, Farnek aims to become a market leader in the fledgling smart home installation and maintenance sector.    

Farnek is also a leader in sustainability and has exclusivity agreements with international organisations such as Green Globe and myclimate. In 2007 Farnek was presented with the prestigious Emirates Energy award for producing the Middle East’s first hotel energy consumption benchmark survey and shortly afterwards launched the Middle East’s first carbon neutral transport. Farnek has also been accredited by the Dubai Regulatory Supervisory Bureau as an approved energy auditor.  

In recognition of its sustainability efforts, Farnek has been the proud recipient of the renowned Facilities Management Middle East Awards ‘Green FM Company of the Year’ in 2012, 2014 and once again in 2015. Farnek has also been recognised for its tireless efforts in CSR and as such was rewarded with ‘CSR Initiative of the Year’ at the 2015 awards ceremony.