For 2017, the company targets a turnover growth of over 10% through the consolidation of the existing brands, the launch of new products and expansion.
Online sales also rose 25% in 2016, after they exceeded EUR1 million a year earlier.
Farmec currently has 11 stores across Romania, in Cluj Napoca (3 units), Bucharest (2 units), Arad, Sibiu, Targu Mures, Timisoara, Brasov, Constanta.
In 2016, the company opened 8 new stores, including the first three Gerovital stores in Romania.
The company also has partnerships on other markets with local investors and opened so far 7 Gerovital stores in Italy, Spain, Hungary, France and Greece.