Great Economic Potential

Weicon opens branch in Czech Republic

The manufacturer of adhesives and sealants Weicon founded its seventh foreign branch. After Dubai, Canada, Turkey, Romania, South Africa and Singapore also the new branch in Teplice in the north of the Czech Republic belongs to the Muenster based family business.

Ralph Weidling, General Manager of Weicon, is very optimistic: "The Czech Republic is a very interesting market with great economic potential. The country is member of the European Union since May 2004. Now, 12 years later, it is one of the most developed industrial nations in Central and Eastern Europe. The Czech economy is strongly oriented to the industry, in particular the automotive industry, the metalwork and engineering, the chemical industry and the food and beverage industry. This provides a strong market for our products."

Weicon in Czech Republic

Weicon Czech Republic s.r.o. is the name of the new branch. Its headquarters are located in Teplice, in the north of the Czech Republic on the border with Germany. The site is managed by the local manager Vladimir Dufek. "We have known Vladimir for many years. He has worked for our trading partner in the Czech Republic for a long time and is very familiar with the market. We look forward to a very promising collaboration", Weidling continues.

Czech Republic - a strong economic partner

Since 1993, German entrepreneurs have invested almost 20 billion euros in the Czech Republic. Germany is the most important trading partner of the country, almost a third of the foreign trade is based in business deals with Germany. Ahead of Russia, the Czech Republic owns the 12th place of Germany's trading partners (source: Federal Statistical Office). With the positive development of recent years, the strong economic position within Europe and the third lowest unemployment rate in the EU, the Czech Republic was able to convince Weicon of its local advantages.

 


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