Den Braven Romania sees sales go up by 25 percent in Q1

The local subsidiary of Dutch polyurethane foams and adhesives producer Den Braven has reported a EUR 8.1 million turnover for Q1 2011, 25 percent more against the same period of the previous year. The results were generated by a 46 percent increase in exports, while local sales went up by 3 percent against the backdrop of bad weather and lack of investment projects.

The local constructions market could however experience a slight recovery in the second half of the year as the 2012 elections could mean more funds for various public projects, thinks Adrian State, general director of Den Braven Romania.

Simona Bazavan