Finnish corporation “Noiro” – one of the biggest producers of cosmetics in the Nordic countries - plans to strengthen its positions in Lithuania.
Published:
25 September 2001 y., Tuesday
Finnish corporation “Noiro” – one of the biggest producers of cosmetics in the Nordic countries - plans to strengthen its positions in Lithuania.
“Sales of our main product brands “Lumene” and “Herbina” in Lithuania increase by 6-7% every year and are the biggest in the Baltic States”, said Seppo Laaksonen, Export Director of “Noiro”.
At present “Noiro” has a 14% cosmetics market share in Lithuania.
“We are more active in Lithuania not only in offering new products but in increasing our advertising budgets and expect sales of “Noiro Ccorporation” products to grow more rapidly”, says Eimantas Juknevicius, who is representing “Noiro” interests in Lithuania.
In 2000, sales of “Noiro Corporation” were USD 100 million, including exports for USD 35 million. Major exports go to Sweden, Norway, Poland and Russia.
Šaltinis:
lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
On 11 February, heads of state or government of European Union member states will meet in Brussels to seek a commitment towards implementing a revitalised economic strategy to boost employment and growth in the EU.
more »
International Monetary Fund forecasts that Lithuania’s economy will grow 1.6 % this year, making it “the only one of the three Baltic economies expected to be in the positive territory in 2010”.
more »
Raynair announced it would open its 40th and 1st Central European base at Kaunas, Lithuania’s second largest city, in May with 2 based aircraft and 18 routes.
more »
A new Partnership Strategy for Morocco has been approved by the Board of Executive Directors of the World Bank.
more »
The electric car is an opportunity for European industry.
more »
The EBRD’s Board of Directors has adopted a new strategy for Kazakhstan, which reinforces the Bank’s commitment to further support the Kazakh economy and sets out the priorities for its activities in the country over the next three years.
more »
The European Commission has authorised, under EU state aid rules, plans notified by Sweden to provide a guarantee that would enable Saab Automobile AB to access a loan from the European Investment Bank (EIB).
more »
At the informal meeting of the Ministers of Competitiveness (Science and Industry), to be held between 7 and 9 February in San Sebastian, the issues on the table will include placing science at the top of the EU agenda and showcasing its role in economic recovery, as well taking the debate on the electric vehicle to EU level.
more »
The Executive Board of the International Monetary Fund (IMF) today approved a 27-month Stand-By Arrangement with Jamaica in the amount of SDR 820.5 million (about US$1.27 billion) to support the country’s economic reforms and help it cope with the consequences of the global downturn.
more »
Mr. Nadeem Ilahi, chief of an International Monetary Fund (IMF) staff mission to the Kyrgyz Republic, issued the following statement today in Bishkek.
more »