EASTERN EUROPE’S PAINTS AND COATINGS MARKET CONTINUES TO GROW AS THE WEST STAYS STAGNANT

BY E BLAKE BERRY, IN POLAND; MIKE STEIN, IN PRAGUE; MONIKA HANLEY, IN RIGA; AND MJ DESCHAMPS, WHILE southern and western Europe's economies falter, being mired in debt, eastern Europe's coatings market is now growing solidly amidst economic performances that are recovering from a recession that hit the region hard. According to figures from European Union statistical agency Eurostat, the industrial coatings sector declined by 25% in eastern Europe as a whole during the recession. However, according to a 2012 report from industry data company IHS Chemical on the ...


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