Economic crises in the eastern parts of Europe

One thing that surprised me on this last trip in Romania was that the economic crises didn’t hit eastern part of Europe until just before summer 2009.

We are looking into some  positive progress in the Nordic region with customers who is increasing their purchase of chemicals to their producing lines. We see it in the car manufacture industries and even the ordinaire industries starts to see the light in the tunnel.

The aftermarket has sold out all there used car stock and are now looking into a bit more booked new car sales.

In Romania they are in the middle of the crises and on top of that having a political break down with sitting government leaving there seats.

All though the companies with a strong portfolio could gain market shares as always in crises if the dare to confront it.

I’m glad to say that our partner is such a company therefore I’m pretty sure that we have a good future together in Romania.