EU MEMBERSHIP APPLICANTS HARBOUR USEFUL MARKETS, BUT ALSO POTENTIAL COMPETITORS
February 1st, 2010
BY MARK ROWE
THE NEXT few years are likely to see several countries accede to the European Union (EU), with significant implications for the personal care sector. Local producers of toiletries, detergents and cosmetics, as well as multinationals in a number of countries, are closely following the negotiations conducted by their governments.
EU membership is likely to occur in piecemeal fashion. Croatia heads the queue, with accession possible within three to four years; followed by Bosnia & Herzegovina, Serbia, Montenegro, and Albania; Turkey is a potential ...
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