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Oriflame to start lipstick production in Russia

24 Sep '05

1 min read

On completion of the CIS Supply Centre near Moscow in the first half of 2006 Oriflame Cosmetics intend to initiate lipstick manufacturing. In order to achieve this, Oriflame has signed a heads of agreement with world leading German lipstick moulding machine supplier Weckerle for them to operate the manufacturing facility.

This strategic partnership covers the full sourcing of lipstick and related products, covering both the product and packaging, within Supply Centre site. This meets the Group objectives to reduce both the total cost of this key product area and also lead times in order to maintain service levels in its markets. Oriflame will invest up to €4m over a three year period in addition to the earlier communicated investment plans of €30m for the CIS Supply Centre.

Oriflame Cosmetics is one of the world's fastest-growing cosmetics companies. Oriflame is present in 55 countries and is one of the market leaders in 30 countries. A sales force of more than 1.5 million independent Sales Consultants market a complete range of high quality skincare, fragrances and cosmetics.

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