Elmi ProdFarm sees 40% growth

Cosmetics company Elmi ProdFarm posted 2.4 million euro turnover in the first nine months of 2005, 40% higher than in the same time last year. “We expect to exceed 3 million euros by yearend,” says Andreea Cremenescu, the company”s marketing manager. She explains the growth with the introduction of new more expensive product lines, as well as with the overall trend of the market. “We had an unexpectedly good season for our sunscreen products this summer considering the weather conditions,” she added. Turnover in 2004 stood at 1.7 million euros. “At the same time, another peak for our operations is expected for November-December, which is decisive for the total turnover of the year,” Cremenescu explained. The company has about 90 products in its portfolio, such as Elmiplant, Bioten, Blossom and Vector. ZF