Growth Potential for Semperit

People ♦ Published: December 27, 2011; 16:21 ♦ (Vindobona)

The Austrian synthetic product manufacturer already recognizes the weakening of the business cycle. However, investments will not be reduced. The BRIC countries are seen as future markets.

Growth Potential for Semperit / Picture: © Vindobona.org

According to an interview with Semperit´s CEO Thomas Fahnemann by the Austrian newspaper Kurier, Semperit will invest € 85m within the next years. Semperit´s growth will not be dependent from banks. Last quarter, sales were beyond expectations. The dramatic increase in raw materials could be passed on to the customers. The sales growth, which reached 20% in the last quarter, was…