Den Braven counting on growth on a stagnating market

The company will close 2008 with €33 million in net sales, up 50 percent year-on-year, based on sales in the first 11 months amounting to €31.5 mln, and a 32 percent increase in the producer’s main segment, of polyurethane foam.

Den Braven Romania began producing polyurethane foam in Romania in 2007 and expanded exports to Saudi Arabia, Egypt, and to Central Asia in the June-September period, adding to exports to Austria, the Czech Republic, Poland, Greece, Hungary, Ukraine, Bulgaria, Georgia, Turkey, and Syria in the first half of the year.