Henkel Bautechnik expects 32m euros
Henkel Bautechnik anticipates turnover to increase by 20% in 2006 compared with 2005. "The adhesives market is growing faster than then constructions market, by some 20% a year. Romania is still using larger amounts of adhesives than the countries in the West," Marius Ivan, general manager of Henkel Romania, the local branch of the German Group Henkel told ZIAURL FINANCIAR
Henkel Bautechnik anticipates turnover to increase by 20% in 2006 compared with 2005. “The adhesives market is growing faster than then constructions market, by some 20% a year. Romania is still using larger amounts of adhesives than the countries in the West,” Marius Ivan, general manager of Henkel Romania, the local branch of the German Group Henkel told ZIAURL FINANCIAR. The company posted 27 million-euro turnover last year, an increase of some 55% on the previous year. “This growth was due to the opening of the third Ceresit factory in Romania, which enabled us to attain a production capacity of over 200,000 tonnes per year. We plan to double production capacity in 2007, due to the increase in demand on this market,” Ivan explained. ZF
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