Dubai, UAE: Facilities management (FM) company, Farnek has issued an official communiqué announcing that it has successfully completed the certification assessment for its asset management system, complying with ISO 55001:2014, according to international external auditor, Bureau Veritas.

According to the communiqué, 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, the communiqué further said, 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.

Bureau Veritas, which provides conformity assessment and certification services, guided Farnek through the certification process and conducted the final assessment, said the FM company. In a statement from the technical department, Bureau Veritas 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.’

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.”

He added: “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.”