Farmec

Last updated

Farmec S.A.
Company type Societate pe Acţiuni
Industry Chemical industry, Bioproducts engineering, Personal care
Founded1889 [1]
Headquarters Cluj-Napoca, Romania
Area served
Worldwide [2]
Key people
Mircea Turdan (CEO)
Products Cosmetics, Personal hygiene, Household hygiene
Revenue121,000,000 RON (2012) [3]
Number of employees
600 (2012)
Website www.farmec.ro/en

Farmec (meaning 'charm', in Romanian) is the largest cosmetics manufacturer in Romania. The company manufactures and sells beauty products, household hygiene products and other chemical products. [4] Farmec is headquartered in Cluj-Napoca, where the company hosts a variety of its factors of production. As of 2013, the company possesses a large production plant in Cluj-Napoca and employs 600 people. Farmec benefits of an economy of scale. [5]

Contents

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.

Related Research Articles

<span class="mw-page-title-main">Cluj-Napoca</span> City and county seat of Cluj County, Romania

Cluj-Napoca, or simply Cluj, is the second-most populous city in Romania and the seat of Cluj County in the northwestern part of the country. Geographically, it is roughly equidistant from Bucharest, Budapest and Belgrade. Located in the Someșul Mic river valley, the city is considered the unofficial capital of the historical province of Transylvania. For some decades prior to the Austro-Hungarian Compromise of 1867, it was the official capital of the Grand Principality of Transylvania.

Avon Products, Inc. or simply known as Avon, is an Anglo-American multinational company selling cosmetics, skin care, perfume, and personal care products, It is a multi-level marketing company based in London. In 2020, Avon had annual sales of $9.1 billion worldwide.

<span class="mw-page-title-main">Cosmetics</span> Substances applied to the body to change appearance or fragrance

Cosmetics are composed of mixtures of chemical compounds derived from either natural sources or synthetically created ones. Cosmetics have various purposes. Those designed for personal care and skin care can be used to cleanse or protect the body and skin. Cosmetics designed to enhance or alter one's appearance (makeup) can be used to conceal blemishes, enhance one's natural features, add color to a person's face, or change the appearance of the face entirely to resemble a different person, creature or object. Cosmetics can also be designed to add fragrance to the body.

<span class="mw-page-title-main">Cluj County</span> County of Romania

Cluj County is a county of Romania, in Transylvania. Its seat is Cluj-Napoca.

<span class="mw-page-title-main">Ursus Breweries</span> Brewing company based in Bucharest, Romania

Ursus Breweries, a subsidiary of Asahi Breweries Europe Ltd., is a Romanian beer producer. The company is based in Bucharest and owns 3 breweries in Timișoara, Buzău and Brașov as well as a craft mini-brewery in Cluj-Napoca and employs around 1,400 people. Ursus Breweries’ brands are: Ursus, Timișoreana, Ciucaș, Grolsch, Peroni Nastro Azzurro, Redd's, Stejar, Azuga, Pilsner Urquell, St. Stefanus and cider brand Kingswood.

<span class="mw-page-title-main">Merck Group</span> German multinational science and technology company

The Merck Group, branded and commonly known as Merck, is a German multinational science and technology company headquartered in Darmstadt, with about 60,000 employees and a presence in 66 countries. The group includes around 250 companies; the main company is Merck KGaA in Germany. The company is divided into three business lines: Healthcare, Life Sciences and Electronics. Merck was founded in 1668 and is the world's oldest operating chemical and pharmaceutical company, as well as one of the largest pharmaceutical companies globally.

<span class="mw-page-title-main">Victor Babeș</span> Romanian physician and professor

Victor Babeș was a Romanian physician, bacteriologist, academician and professor. One of the founders of modern microbiology, Victor Babeș is author of one of the first treatises of bacteriology in the world – Bacteria and their role in pathological anatomy and histology of infectious diseases, written in collaboration with French scientist Victor André Cornil in 1885. In 1888, Babeș underlies the principle of passive immunity, and a few years later enunciates the principle of antibiosis. He made early and significant contributions to the study of rabies, leprosy, diphtheria, tuberculosis and other infectious diseases. He also discovered more than 50 unknown germs and foresaw new methods of staining bacteria and fungi. Victor Babeș introduced rabies vaccination and founded serotherapy in Romania.

L'Oréal S.A. is a French personal care company headquartered in Clichy, Hauts-de-Seine, with a registered office in Paris. It is the world's largest cosmetics company and has developed activities in the field, concentrating on hair color, skin care, sun protection, make-up, perfume, and hair care.

<span class="mw-page-title-main">Napolact</span>

Napolact is the main Romanian brand which belongs to the Dutch company FrieslandCampina and it’s one of the biggest dairy producers in Romania. It owns three production facilities in Cluj (Baciu), Târgu Mureș and Țaga.

<span class="mw-page-title-main">Ana Aslan</span> Romanian biologist and physician of Armenian origin

Ana Aslan was a Romanian biologist and physician of partial Armenian descent, born Anna Aslanyan, specialist in gerontology, academician from 1974 and the director of the National Institute of Geriatrics and Gerontology (1958–1988).

<span class="mw-page-title-main">University of Agricultural Sciences and Veterinary Medicine of Cluj-Napoca</span> Agricultural university in Cluj-Napoca, Romania

The University of Agricultural Sciences and Veterinary Medicine of Cluj-Napoca (USAMVCN) is a university in Cluj-Napoca, Romania. With around 6,000 students, the university offers 21 undergraduate programs; all are available in Romanian, 2 in French and 1 in English. Additionally, the university offers 23 Master programs.

<span class="mw-page-title-main">Arbutin</span> Glycoside

beta-Arbutin, also known as β-arbutin or by its International Nomenclature of Cosmetic Ingredients (INCI) name, arbutin, is a glycosylated derivative of hydroquinone. β-Arbutin is naturally present in the leaves and bark of a variety of plants, notably the bearberry plant, Arctostaphylos uva-ursi. Utilized as a biosynthetic active ingredient in topical treatments for skin lightening, β-arbutin is aimed at addressing hyperpigmentation issues. Its mechanism of action involves inhibiting the activity of tyrosinase, an essential enzyme for melanin synthesis in the human skin, thereby leading to a reduction in hyperpigmentation. It is important to distinguish β-arbutin from its structurally similar stereoisomer, α-arbutin, which exhibits similar effects in clinical applications.

<span class="mw-page-title-main">Testing cosmetics on animals</span> Form of animal testing

Cosmetic testing on animals is a type of animal testing used to test the safety and hypoallergenic properties of cosmetic products for use by humans.

<span class="mw-page-title-main">Cluj-Napoca metropolitan area</span> Metropolitan area in Cluj County, Romania

The Cluj metropolitan area is a metropolitan area in Cluj County, which includes Cluj-Napoca and 19 communes nearby: Aiton, Apahida, Baciu, Bonțida, Borșa, Căianu, Chinteni, Ciurila, Cojocna, Feleacu, Florești, Gilău, Gârbau, Jucu, Petreștii de Jos, Săvădisla, Sânpaul, Tureni, Vultureni.

<span class="mw-page-title-main">Jolidon</span>

Jolidon is a Romanian lingerie and swim suit manufacturer, founded in 1993 in Cluj-Napoca.

<span class="mw-page-title-main">Compania de Transport Public Cluj-Napoca</span> Romanian public transport company

Compania de Transport Public Cluj-Napoca is the local public transport company of Cluj-Napoca, Romania. The company runs an extensive 321 kilometres (199 mi) public transport network within the city using trams, trolleybuses and buses.

Terapia S.A. is a Romanian pharmaceutical company founded in 1921. The company is headquartered in Cluj-Napoca, Cluj, Romania and has regional centers in Moscow City, Russian Federation and Kiev, Ukraine. The company is part of the multinational corporation Daiichi Sankyo.

<span class="mw-page-title-main">François Bréda</span>

François Bréda was a Romanian essayist, poet, literary critic, literary historian, translator and theatrologist.

<span class="mw-page-title-main">Missha</span>

MISSHA is a South Korea–based skincare and cosmetics manufacturer, retailer and a franchise business. It is part of Able C&C Co., Ltd.

GETT'S is a Romanian beauty salon brand operated by Ingo Trade.