Vladislav Ovchinsky: in Moscow, the manufacturer almost doubled the production of cosmetics

One of the Moscow companies increased the production of cosmetics by 1.7 times in 9 months of last year compared to January-September 2021.

“In Moscow, more than 30 companies are engaged in the production of cosmetic products. They produce cosmetic, care, hygiene products and perfumes for both adults and children. Among them there are enterprises with a century-old history, and quite young ones. All of them are developing and modernizing their production facilities, expanding their range and adequately replacing foreign products that have left the domestic market. In particular, Geltek produced 1.7 times more cosmetics from January to September 2022 compared to the same period in 2021. The enterprise produced over 270 million units of products,” said Vladislav Ovchinsky, head of the Moscow Investment and Industrial Policy Department.

The firm has been operating in the city since 1994. Capital products are presented in all regions. The company also provides cosmetologists with professional cosmetics, as well as medical contact products for ultrasound diagnostics.

“Despite the fact that the sanctions have hit the supply of raw materials hard, this year we have set a number of ambitious goals. A significant part of the goals has been achieved, and something will be implemented in the first half of 2023,” said Elena Pastukhova, Development Director of the Geltek cosmetic brand.