Farmec

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Farmec S.A.
Number of employees
600 (2012)
Websitewww.farmec.ro/en

Farmec (meaning 'charm', in

economy of scale.[5]

Farmec is a S.A. type of company, the employees comprising a majority of the shareholders.[6]

History of Farmec

In 1889, the Molnar Moser laboratory was founded in Budapest.

During the Second World War, Mol-Mos, a laboratory affiliated with Molnar Moser was opened in Cluj-Napoca. This laboratory was nationalized and expanded; it became known as Cosmetic Company No. 21 (Întreprinderea de produse cosmetice Nr. 21 in Romanian) and later as the Farmec Factory of Cosmetic Products (Fabrica de Produse Cosmetice Farmec).

In 1995, Farmec was privatized via an

employee buyout.[7]

Trading brands

Farmec products are commercialized under a variety of brands: Gerovital, Aslavital, Farmec, Doina, Aslamed, Triumf, Nufăr, Nufăr verde.

Each of these brands appeals to a different target audience. For example, Gerovital offers cosmetics such as Gerovital H3 serum, whereas Nufăr verde includes environmentally sustainable household cleaners.

Gerovital H3 controversy

Farmec owns the production rights and trademark of the

Gerovital H3 treatment.[8] Gerovital H3, a serum developed by the Romanian doctor Ana Aslan
claims to be an effective anti-aging treatment. The opinions about whether this chemical preparation is a medicine or a nutrient are mixed.

Bibliography

  1. ^ The Farmec story: 1889 Archived 14 October 2013 at the Wayback Machine
  2. ^ > After 50 years of export, Farmec is looking at neighboring markets[permanent dead link]
  3. ^ Farmec Cluj Napoca had a revenue of 121 million RON last year
  4. ^ The pole of Romanian cosmetics: products dating from the Communist era, in high demand from Romania to Japan
  5. ^ Visiting Farmec: part II
  6. ^ Farmec sales increased by 16% in 2011
  7. ^ Farmec, a Romanian company with tradition
  8. ^ "Farmec: our company". Archived from the original on 14 October 2013. Retrieved 12 October 2013.
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