Univar plans to expand into Romania and Russia in the coming years as part of a growth strategy in central and eastern Europe (CEE), the global chemical distributor tells my colleague, Elaine Burridge.
Univar is really pushing ahead at present, under new CEO John Zillmer, appointed last October. Since then it has purchased European distributor Quaron (subject to regulatory approval) and made several board level appointments.
General manager for the region, Mirko Schnitzler, said the company was pursuing a strong expansion initiative in the CEE, prioritising countries by market size and how they were developing.
"We are looking initially at the personal care and paints and coatings sectors in Russia, and probably the food market in Romania," said Schnitzler.
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Image credit http://www.univarcorp.com/aboutus/images/aboutus_johnzillmer.jpg
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