Tikkurila Oy, which is responsible for Kemira's paints and coatings business, has acquired from the management a 100% share of the company Finncolor s.r.o. in Prague, the Czech Republic. The company name will be changed into Tikkurila s.r.o. during the autumn. The acquisition will not have any impact on the employment terms and conditions of the Finncolor personnel.
Until now, Finncolor has acted as one of Tikkurila's importers for decorative paints and industrial coatings in the Czech Republic. In the future, all imports will be channelled through Tikkurila s.r.o.
Tikkurila has made exports of paints and coatings to the Czech Republic since the early 1990s. In 2005, Tikkurila's operations in the Czech paint market had net sales amounting to EUR 3 million, of which Finncolor accounted for approx. EUR 1 million.
This acquisition is aimed at strengthening Tikkurila's position in a strategic core area in Eastern Europe. Tikkurila s.r.o. will have its own sales and marketing organisation and warehouse in Prague. The range will include Tikkurila products made in Finland and Poland.
For more information, please contact:
Ilpo Jousimaa, President, Tikkurila Coatings Oy GSM: +358 400 499 855
Markku Immonen, Tikkurila Oy, Vice President, Tikkurila Deco International GSM +358 40 501 0426
Kemira is a chemicals group that is made up of four business areas: pulp and paper chemicals, water treatment chemicals, performance chemicals and paints. Kemira is a global group of leading chemical businesses with unique competitive position and a high degree of mutual synergy.
In 2005, Kemira recorded net sales of around EUR 2 billion and had a payroll of 8,000 employees. Kemira operates on all continents, in 40 countries.
Viðskiptablaðið er 25 ára og af því tilefni býðst nýjum áskrifendum að kaupa áskrift á 50% afslætti.
Afmælisverðið er aðeins 2.500 krónur.
Tilboðið er fyrir nýja áskrifendur. Núverandi áskrifendur geta bætt við sig áskrift á þessu verði. Gildir í 4 mánuði. Áskrifendur fá Viðskiptablaðið, Frjálsa verslun og Fiskifréttir sent ásamt vefaðgangi að vb.is og fiskifrettir.is