By Patrick Raleigh ERJ On-line news editor
Hamburg, Germany-German chemicals distributor Nordmann, Rassmann GmbH (NRC) has established a Romanian subsidiary, based in Bucharest. The operation, called Nordmann, Rassmann Romania SRL, will supply NRC's full product lineup, according to the Hamburg-based group.
NRC generated 2003 sales of Euro167 milllion from supplying a broad range markets including rubber, plastics, adhesives, cosmetics, pharmaceuticals, food, paint, construction and paper. The firm's rubber products portfolio encompasses synthetic rubber, speciality elastomers and rubber additives.
Romania is the second largest market in Central Europe after Poland, and offers significant growth potential, an NRC statement noted.
