The turnover increase was driven by investments of over RON10 million in upgrades, the launch of new products and the expansion of the existing products range, the company’s representatives said.

Last year, Farmec launched several Gerovital products and opened a Farmec brand store in Thessaloniki and one Katerini, Greece.

For 2015, Farmec targets a similar sales increase trend and the expansion of product portfolio.

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. (EUR1=RON4.4381)

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