Tag Archives | recovery

Slow recovery in foreign direct investment for Eastern Europe

Economies in Central and Eastern Europe grew strongly in the 2000′s, fueled by cheap credit from Western banks who saw the region as a superb investment opportunity. As my recent editor’s blog entry suggests, newly-found political stability and high levels of economic growth made investing there seem like an obvious choice. Vast sums of money […]

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Akzo Nobel results allow cautious optimism

Dutch coatings group Akzo Nobel produced third quarter results today which were above analysts expectations.Martin Evans of Cazenove analysts said in a note: “A good result, above consensus – with stabilisation continuing, and cost savings helping, although the recovery remains “fragile”. End market demand for paints, coatings and chemicals remains mixed, although Asia and Latin […]

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Dole Queue

Chemical industry poised for recovery in Central and Eastern Europe

Survival is the name of the game for Central and East Europe’s (CEE) chemical industry over the next few years. Huge challenges remain:- Poor domestic and regional economic growth- Lack of state intervention to shore up economic recovery: many countries have no resources to do so as they are nearly bankrupt- No state money to […]

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