Den Braven Romania reports a 28 percent turnover increase for 2010

Newsroom 15/02/2011 | 17:49

The local subsidiary of Dutch polyurethane foams and adhesives producer Den Braven has reported a EUR 39.5 million turnover for 2010, 28 percent more against the previous year. The company’s exports reached EUR 19.6 percent, going up by 62.7 percent compared to 2009.

The company says that growth was possible as it invested in production prior to the beginning of the economic crisis. “Had the Romanian authorities stimulated production related investments in the past years, now we would have had more Romanian companies with positive results, even in times of crisis,” said Adrian State, general director of Den Braven Romania.

Sales of polyurethane foams, the company’s main product went up by 65 percent on external markets and by 11 percent in Romania. Den Braven is presently exporting in 32 countries. Poland, Austria, Italy, the Czech Republic and Slovakia are the manufacturer’s main export destinations. For 2010 the company plans to further boost its turnover by 10 percent, by increasing its local market share as well as exports.

Simona Bazavan

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