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ZF English

Elmiplant, 25% up

28.10.2003, 00:00 14





ElmiProdFarm, the company that makes the Elmiplant cosmetics expects $2 million revenues for this year, 25% more than in 2002, when turnover was in excess of $1.5 million. "Sales peaked in the summer, when sunscreen products were top sellers and accounted for about 250,000 euros of our turnover," said general manager Ion Cremenescu. As for the profit, Cremenescu specified it would maintain at last year's level, 5.3bn ROL. The facial care products make up about 27% of the turnover, body care products - 24% and hair care products - 17%. The Elmiplant portfolio currently comprises 75 products and is to include another 10 by yearend. ElmiProdFarm has invested more than $1.5 million in the last twelve months. Established in 1992, ElmiProdFarm is a private company with a staff of 70. ZF



 

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