Fabryo to develop new products in partnership with foreign specialists

The producer already has a partnership with U.S. company DuPont, for its Teflon Savana premium paint.

Kosza said the partnerships are part of the company’s strategy to develop products and solutions as competitive as those on the international market. “We aim to combine the ideas of local engineers with the international experience and trends, which could yield the best solutions for the clients. We will start developing innovative products as of this year. I strongly believe in innovation,” she said.

The Fabryo Corporation estimates a 30 percent annual increase in turnover in 2008. It posted some €42 million in business last year. “Last year, our business grew 30 percent, double that of the paint market growth pace,” Kosza said. The increase was due to 50 percent higher sales of premium paint, compared to a 30 percent rise on the overall premium paint segment on the market.

Fabryo representatives also expect higher sales on the premium segment in 2008, as clients are increasingly demanding quality products over cheaper ones.