February 10 2020, David R Brown
German-based HSH Chemie Group expands activities in the Baltics
HSH Chemie has announced the founding of a new subsidiary in Riga (Latvia). The move follows on from the establishment of a representative office 3 years ago and the formation of a new Latvian company, HSH Chemie SIA, represents a strategic expansion of the business in the Baltic region for the Group.
Latvia, Estonia and Lithuania are interesting markets for us and we strongly believe that our presence in this region is required to be the number 1 in CEEFrank Raabe
Managing Director of HSH Chemie GmbH
Stefan Rather, Managing Director of HSH Chemie GmbH: “The Baltic markets have been covered already since more than a decade by us, but to further expand and strengthen our business in the Baltic region, we decided to convert the former representative office into a full-featured Latvian limited liability company. This opens up a lot of new opportunities and with our dedicated team in Riga I am convinced we will succeed in business.”
Frank Raabe, Managing Director of HSH Chemie GmbH: “I am glad to see that our efforts to increase our presence in the Baltics are now paying off. Latvia, Estonia and Lithuania are interesting markets for us and we strongly believe that our presence in this region is required to be the number 1 in CEE.”
About HSH Chemie
HSH Chemie is the leading chemical distributor in Central and Eastern Europe (CEE) with more than 30 years of experience on the market and 13 office locations across the region. With the headquarter located in Hamburg (Germany) it runs distribution activity in 20 countries within CEE via more than 230 employees. The name HSH Chemie represents a wide range of carefully chosen suppliers from multinational brands to various local manufactures in different industries, organized in the following Focus Groups: Coatings, Adhesives & Building; Personal & Home Care; Food, Feed & Pharma; Plastics & Rubber; Industrial Performance.
Source(s): HSH Chemie Press release