Idesco to invest 5 million Euros in a new plant
Sunday, 19 April 2009
Cosmetics firm Idesco is to build a new factory to increase its production capacity starting 2010. The company, which is part of chemical group Ginper, has its own brands of cosmetics but it also produces for other beauty groups, with annual revenue of 8 million Euros.
The new facilities will increase production from 5.5 to 15 million units per year, a move that will require additional workers. Next year, Idesco also plans to enter new markets such as the United States and Latin America.
Source: Expansión Catalunya 17/04/09