September 30, 2008

DuPont sees revenue growth in emerging market of Romania, EU

As a result of the company's emerging markets growth strategy, DuPont has nearly doubled its revenue in Romania since opening its first office in Bucharest in 2005 and now has 20 locations across Central Europe.

DuPont's presence has expanded significantly in Central Europe in recent years, with new locations established in Sofia, Bulgaria and Belgrade, Serbia, last year. DuPont's Romania headquarters were moved to a new location this month after outgrowing its original quarters.           

Ian Hudson, president of DuPont Europe, Middle East and Africa said that although DuPont has been present in Romania for more than 30 years, they are focusing on the rapidly expanding economies in central and Eastern Europe.

DuPont's Pioneer Hi-Bred business built one of the world's most advanced corn and sunflower seed production facilities at Ganeasa, near Bucharest, a US$26 million investment. DuPont also offers a wide range of crop protection products to Romanian farmers.

Operating in more than 70 countries, DuPont provides services in food and agriculture; building and construction; communications; and transportation.