“2013 was the fifth consecutive year of growth for Herbalife in Romania. Romania is among the most rapidly developing countries in the Europe, Middle East and Africa region,” said Romeo Cazanescu, general manager of Herbalife Romania & Moldova.
According to Finance Ministry data, Herbalife Romania had a net profit of RON3 million (EUR700,000) in 2012, with just 12 employees.
Herbalife Romania opened its office ion Bucharest in 2008.
Herbalife Ltd is a global company selling weight-loss, nutrition, hair and skin-care products in over 90 countries via a network of around 2.7 million independent distributors. In 2013, Herbalife reported net sales of $4.8 billion.