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International cosmetics company Oriflame plans to put into operation a new production complex near Moscow in 2013. The Companie's investment in the next four years would range from 125 to 175 million euros, says Oriflame.
In February 2010 the company acquired land area of 26 hectares in Noginsk Industrial Park, 40 kilometers from Moscow.
The company intends to place a mixed-use complex that includes a large logistic center and a manufacturing division that specializes in production of cosmetics for body care and hair. Oriflame plans future expansion of production lines.
www.oriflame.com
Nat Lawyer
Unel Legal Consulting
Wednesday, March 3, 2010
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