Page 29 - VENCIL PRODUCT CATALOGUE
P. 29

Vencil is active in the field of cosmetics and nutritional supplements.
                                                                       Our products are presented to doctors who subscribe them and are available to
                                                                       the public through pharmacies and wholesalers.


                                                                       2010-2012: The cosmetic product market sales declined reaching a significant drop
                                                                                       of 25%.


                                                                       2013-2014: The cosmetic product market showed stabilizing trends due to the
                                                                                       growing consumer trust in Greek products and increased export activity.


                                                                       2015: The cosmetic annual turnover in the Greek market is estimated at €450
                                                                               million primarily related to hair and skin product sales that Vencil targets at.


                                                                       2016-2017: developed business contacts with representatives in foreign companies
                                                                                       including FYROM, Cyprus, and Russia.

            MARKET                                                     2019: achieved a substantial increase of 15% in domestic sales, while

                                                                               exporting goods in Bangladesh and Iraq.


                                                                       2020: introduced 8 new products.


                                                                       2021: released 6 new products.


                                                                       2022: introduced 12 new products and made retail sales in Romania through
                                                                               a popular electronic platform.


                                                                       2023: established new collaborations for exports in Slovenia and The United
                                                                               Arab Emirates.

                                                                       2024: developed 10 new product codes.  Exporting to Vietnam.



                                                                       2025: released 10 new products (food supplements).






























                                                                • §
   24   25   26   27   28   29   30   31   32