L’ORÉAL INVESTS USD36 MILLION TO DOUBLE PRODUCTION IN RUSSIA
April 1st, 2016
GLOBAL personal care product giant L'Oréal will invest more than Russian Roubles RUB2.5 billion (USD37 million) to increase production in Russia, with the company saying its current plant is operating at full capacity. L'Oréal’s Russia spokesperson Valeriya Murygina told Soap Perfumery & Cosmetics that the company would expand production facilities at its existing Russia factory, located at the Vorsino industrial park, in the Kaluga region, 85 km from Moscow.
The investment is expected to help L'Oréal nearly double its production in Russia and gradually ...
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