BELARUS NEWS AND ANALYSIS

DATE:

15/08/2008

Kemira Oyj subsidiary to establish sales company in Belarus

Published in Nordic Business Report on Friday, 15 August 2008 at 13:17 GMT

Finnish chemicals group Kemira Oyj (OMX Helsinki:KRA) said on Friday (15 August) that its subsidiary, Tikkurila, will establish a sales company called IP Tikkurila in Minsk, Belarus.

The sales company will be responsible for the marketing, sales and distribution of Tikkurila's decorative paints and industrial coatings in Belarus.

Kemira Oyj, headquartered in Helsinki, Finland, is a chemicals group that operates in 40 countries. In 2007 Kemira recorded revenue of EUR2.8bn and had a staff of 10,000.

One British pound (GBP) is worth approximately 1.27 euros (EUR).

Source:

http://www.m2.com/m2/web/story.php/200849E77607E13F90A4802574A6003A97F5/text/nbr

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