ZF English

Elmiplant invests 2m euros in plant

25.09.2003, 00:00 8



Cosmetics company Elmiplant Prodfarm, owner of the Elmiplant brand, invested 1m euros in building a plant set to help it gain a better market position. Construction works began three years ago and were funded from the company's own money and from banking loans, according to general manager Elena Cremenescu. Moreover, the company invested 1m euros in equipment. Elmiplant posted 50bn ROL (1.3m euros) sales in eight months, up 14% in euros as compared with the year-ago period. "This summer saw sales up 60% for the sun care products, which exceeded 250,000 euros," Andreea Cremenescu, marketing director of the company, said. ZF



 

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