Promising market opportunities in eastern europe
Eastern Europe offers Air Liquide a market with powerful potential for growth.
With Gas and Services 2012 revenue increasing 25%, Eastern Europe is the fastest-growing region. The expansion of national economies and the need to modernize industrial infrastructures in Eastern Europe are leading to an increased demand for the technologies and products offered by the Group.
A consolidated presence
2012 saw Air Liquide increase its presence in Russia, the region’s largest country Russia. More specifically, the Group acquired two regional suppliers of industrial gases during the year: LOGIKA and Lentechgas. Located in Saint Petersburg, Lentechgas also supplies hospitals with medical gases. Air Liquide has also commissioned a new air separation unit in Tatarstan to produce oxygen and nitrogen in response to local industrial demand. The Group has also signed a new long-term contract with its partner Severstal for the construction of a new oxygen and nitrogen production unit close to the new Balakovo steelworks.
Air Liquide continues to invest in its campaign to conquer the markets of Eastern Europe. In Poland, a contract was signed last year with KGHM Polska Miedz to provide oxygen for its copper production plant in the west of the country. In Ukraine, EMZ, a subsidiary of leading Ukrainian steelmaker Metinvest, has contracted Air Liquide to supply oxygen, nitrogen and argon to its Yenakiyevo steel plant. All of these projects are generating real growth.
"The key to our long-term growth strategy is enabling customers to focus on their own core businesses by providing competitive solutions."
Christophe Chalier, Vice-President Eastern Europe Zone
Listen to the audio interview with Christophe Chalier, Vice-President Eastern Europe Zone