Representing an investment of US$10 million, Vitality Inc last Thursday launched its local operations to provide a wide range of services to meet the needs of small and large businesses in the oil and gas sector.
The company provides accounting and consultancy services and also supplies heavy duty products to businesses in the sector. It also plans to provide logistics, waste disposal and lab testing services in the future.
During the launch, held at the RS53 RestoBar and Lounge at Providence, Simon Kandial, Director of Vitality Supplies, said the company entered the market upon noticing a need for essential services and supplies to support businesses in the sector.
“Vitality is ready to be the one-stop-shop for the oil and gas sector, specialising in personal protective equipment, commercial safety clothing, tools, industry cleaning supplies, chemicals, and fasteners. We intend to remove the cost of multiple deliveries, creating a personalised customer service experience,” he stressed.
Kandial further stated that the company’s expertise lies in procurement, scheduling, cost controlling, planning and assuring quality services.
He also noted that the company stands ready to take bold steps to forge alliances with international organisations to develop a state of the art environmental-friendly waste management facility here. The company is also seeking to establish a lab facility.
Director of Vitality Accounting and Consultancy Abbas Hamid, who also spoke at the launch, explained that the company through its directors has over 20 years of experience in providing accountancy advice and services to companies.
He stressed that the members of the company are experts in the field of International Financial Reporting and US Generally Accepted Accounting Principles (US GAAP).
“We have the right resources, tools and technology to help your business grow. Whether you are a start-up, small, medium or large corporation… we can prepare financial modelling to calculate the impact of a future event or decision,” he asserted.
According to Hamid, the company aims to deliver the highest standard of service to clients and lead businesses into the future.
Another Director, Matt Averkamp, also noted that the company aims to provide opportunities in job creation and training.
He noted that the Vitality brand is unique as it draws expertise from different fields and countries around the word to meet the needs of its clientele. “Our goal is to hire many accountants from the local universities, which will not only benefit our company and clients but as these professionals continue throughout their careers, they will have the well-rounded financial background required to lead the world’s greatest companies,” he said.
The company is headquartered at Providence, East Bank Demerara.
Meanwhile, in a press release, Vitality also announced the launch of the Vitality Foundation, which will be providing assistance, where needed, to the less fortunate and vulnerable groups. The release noted that the Vitality Foundation has over the last decade been working behind the scenes in Guyana in the development of youths through sports and education and has also provided donations to over 21 charities operating here.
It added that the foundation will be constructing a home for one deserving school teacher.
