Romanian cosmetics producer Farmec expands to Hungary, aims for 5% turnover growth
“For this year, we target a 5 percent increase in turnover, given the fact that we will have a great number of novelties which will support sales. We also intend to enter the modern retail chains outside Romania, with the first steps on this road having been made last year, through the Hungarian market entry,” said Mircea Turdean.
Farmec SA Cluj-Napoca produces cosmetics under brands like Gerovital H3 Evolution, Gerovital H3 prof. dr. Ana Aslan, Gerovital Plant, Aslavital and Farmec. Its products are sold in over 30 countries, such as Japan, Iran, Spain, Italy, Portugal, Greece, Kuwait, US.
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