Business News
DuPont Marks Growth in Romania, Central Europe
Tuesday 30. September 2008 - As a result of the company's emerging markets growth strategy, DuPont nearly doubled its revenue in Romania since opening its first office in Bucharest in 2005, and now has 20 locations across Central Europe.
DuPont’s presence has expanded significantly in Central Europe in recent years, with new locations established in Sofia, Bulgaria and Belgrade, Serbia, last year. DuPont’s Romania headquarters were moved to a new location this month after outgrowing its original quarters.
“Although DuPont has been present in Romania for more than 30 years, we are focusing on the rapidly expanding economies in central and eastern Europe,” said Ian Hudson, president, DuPont Europe, Middle East and Africa. “We bring a diversified suite of innovative solutions that addresses Romania’s growing industries including the agriculture, automotive, energy and construction segments.”
DuPont is a leader in Romania’s agricultural development. The company’s Pioneer Hi-Bred business built one of the world’s most advanced corn and sunflower seed production facilities at Ganeasa, near Bucharest – a USD 26 million investment. DuPont also offers a wide range of crop protection products to Romanian farmers.
Romania’s automotive industry is a particularly robust example of the country’s growth. With a growing consumer demand for automobiles, Romania has attracted automotive manufacturers and their suppliers to capitalize on the market growth, in addition to a highly qualified labor pool.
DuPont provides more than 100 products – including advanced materials and coatings to the Romanian automotive original equipment manufacturer market for vehicle interiors, exteriors and engine components. A mobile, interactive exhibit showcasing the DuPont offering called, “The DuPont Automotive Road Show,” is touring Romania in October with stops in Timisoara and Pitesti.