Gealan expects PVC market revival in 2011

Newsroom 14/12/2009 | 15:20

PVC profiles producer Gealan Romania says 2010 will be a difficult year for the industry, similarly to 2009, and the market will be back on the up only in 2011. “This year was a challenge for us and for our partners,[…]. It is obvious we can’t talk about an increase in our business for this period, while the PVC product market reached EUR 400 million, down 50 percent on last year, while around 20 percent of the producers ended their activity,” said Aurel Vlaicu, general manager of Gealan Romania.

Gealan Romania is a subsidiary of German group Gealan Fenster Systeme GmbH. The local company was set up in 1997 and started producing PVC profiles in 1999. The company controls a 30 percent market share, according to its data.

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