The sales increase was driven by investments, the launch of new products and the expansion of the existing products range, the company said.

In 2014, Farmec plans to invest RON10.7 million in upgrades.

Farmec is the biggest Romanian cosmetics company and employs around 600 people.

The company’s products are sold in over 30 countries, including Japan, Hungary, Poland, the Republic of Moldova, Iraq, Kuwait, Greece, and Canada.