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Farmec
Farmec (meaning 'charm', in Romanian) is the largest cosmetics manufacturer in Romania. The company manufactures and sells beauty products, household hygiene products and other chemical products. Farmec is headquartered in Cluj-Napoca, where the company hosts a variety of its factors of production. As of 2013, the company possesses a large production plant in Cluj-Napoca and employs 600 people. Farmec benefits of an economy of scale. Farmec is a S.A. type of company, the employees comprising a majority of the shareholders. History of Farmec In 1889, the Molnar Moser laboratory was founded in Budapest. During the Second World War, Mol-Mos, a laboratory affiliated with Molnar Moser was opened in Cluj-Napoca. This laboratory was nationalized and expanded; it became known as Cosmetic Company No. 21 (''Întreprinderea de produse cosmetice Nr. 21'' in Romanian Romanian may refer to: *anything of, from, or related to the country and nation of Romania ** Romanians, an ethnic gr ...
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Cluj-Napoca, Romania
; hu, kincses város) , official_name=Cluj-Napoca , native_name= , image_skyline= , subdivision_type1 = County , subdivision_name1 = Cluj County , subdivision_type2 = Status , subdivision_name2 = County seat , settlement_type = City , leader_title = Mayor , leader_name = Emil Boc , leader_party = PNL , leader_title1 = Deputy Mayor , leader_name1 = Dan Tarcea (PNL) , leader_title2 = Deputy Mayor , leader_name2 = Emese Oláh (UDMR) , leader_title3 = City Manager , leader_name3 = Gheorghe Șurubaru (PNL) , established_title= Founded , established_date = 1213 (first official record as ''Clus'') , area_total_km2 = 179.5 , area_total_sq_mi = 69.3 , area_metro_km2 = 1537.5 , elevation_m = 340 , population_as_of = 2011 , population_total = 324,576 , population_footnotes= , population_density_km2=1 808 , pop_est_as_of = 2016 , population_est = 321,687 , pop_est_footnotes= , population_metro=411,379 , coordi ...
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Cluj-Napoca
; hu, kincses város) , official_name=Cluj-Napoca , native_name= , image_skyline= , subdivision_type1 = Counties of Romania, County , subdivision_name1 = Cluj County , subdivision_type2 = Subdivisions of Romania, Status , subdivision_name2 = County seat , settlement_type = Municipiu, City , leader_title = Mayor , leader_name = Emil Boc , leader_party = National Liberal Party (Romania), PNL , leader_title1 = Deputy Mayor , leader_name1 = Dan Tarcea (PNL) , leader_title2 = Deputy Mayor , leader_name2 = Emese Oláh (Democratic Alliance of Hungarians in Romania, UDMR) , leader_title3 = City Manager , leader_name3 = Gheorghe Șurubaru (PNL) , established_title= Founded , established_date = 1213 (first official record as ''Clus'') , area_total_km2 = 179.5 , area_total_sq_mi = 69.3 , area_metro_km2 = 1537.5 , elevation_m = 340 , population_as_of = 2011 Romanian census, 2011 , population_total = 324,576 , population_foot ...
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Ana Aslan
Ana Aslan (; born 1 January 1897, Braila, Kingdom of Romania – died 20 May 1988, Bucharest, Socialist Republic of Romania) was a Romanian biologist and physician, specialist in gerontology, academician from 1974 and the director of thNational Institute of Geriatrics and Gerontology(1958 - 1988). Early life Ana was the youngest of four children, two brothers and two sisters, born to Margarit and Sofia Aslan. Ana was said to be a very intellectual child, learning to read and write already by age four. At the age of 13, her father died, and her family then moved to Bucharest, Romania. It was in Bucharest where she began her studies. She graduated from the Central School of Bucharest in 1915. The premature death of her father, whom she was close to, was said to be the reason she wanted to become a physician. Although the medical field was not a desirable field for women to enter, Ana Aslan decided that was the path she wanted to pursue and attended the Faculty of Medicine fr ...
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Chemical Industry
The chemical industry comprises the companies that produce industrial chemicals. Central to the modern world economy, it converts raw materials ( oil, natural gas, air, water, metals, and minerals) into more than 70,000 different products. The plastics industry contains some overlap, as some chemical companies produce plastics as well as chemicals. Various professionals are involved in the chemical industry including chemical engineers, chemists and lab technicians. History Although chemicals were made and used throughout history, the birth of the heavy chemical industry (production of chemicals in large quantities for a variety of uses) coincided with the beginnings of the Industrial Revolution. Industrial Revolution One of the first chemicals to be produced in large amounts through industrial processes was sulfuric acid. In 1736 pharmacist Joshua Ward developed a process for its production that involved heating saltpeter, allowing the sulfur to oxidize and combine with ...
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Manufacturing Plant
A factory, manufacturing plant or a production plant is an Industry (manufacturing), industrial facility, often a complex consisting of several buildings filled with Outline of industrial machinery, machinery, where workers manufacturing, manufacture items or operate machines which Process Manufacturing, process each item into another. They are a critical part of modern Production (economics), economic production, with the majority of the world's goods being created or processed within factories. Factories arose with the introduction of machinery during the Industrial Revolution, when the Capital (economics), capital and space requirements became too great for Putting-out system, cottage industry or workshops. Early factories that contained small amounts of machinery, such as one or two spinning mules, and fewer than a dozen workers have been called "glorified workshops". Most modern factories have large warehouses or warehouse-like facilities that contain heavy equipment used ...
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Chemical Companies Established In 1889
A chemical substance is a form of matter having constant chemical composition and characteristic properties. Some references add that chemical substance cannot be separated into its constituent elements by physical separation methods, i.e., without breaking chemical bonds. Chemical substances can be simple substances (substances consisting of a single chemical element), chemical compounds, or alloys. Chemical substances are often called 'pure' to set them apart from mixtures. A common example of a chemical substance is pure water; it has the same properties and the same ratio of hydrogen to oxygen whether it is isolated from a river or made in a laboratory. Other chemical substances commonly encountered in pure form are diamond (carbon), gold, table salt ( sodium chloride) and refined sugar ( sucrose). However, in practice, no substance is entirely pure, and chemical purity is specified according to the intended use of the chemical. Chemical substances exist as solids, liqu ...
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Manufacturing Companies Of Romania
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final ...
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Companies Based In Cluj-Napoca
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ...
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Gerovital H3
Gerovital H3 (or procaine hydrochloride and products known as GH3 and other variants which may or may not be identical to Gerovital H3) is a preparation developed during the 1950s and promoted by its advocates as an effective anti-aging treatment. In the United States, the FDA bans Gerovital H3 from interstate commerce as an unapproved drug and, since 1982, has prohibited its importation. Gerovital is promoted with unsupported claims of its curative abilities for a wide range of human ailments; research has found no evidence that it has any health benefit or "anti-aging" properties. Development and marketing The impetus for developing the drug is sometimes alleged to have come from Nicolae Ceaușescu, who is also wrongly claimed to have funded the establishment of a research organization, the National Institute of Geriatrics, in Bucharest, Romania, headed by Ana Aslan (1897–1988). From the 1950s until her death in 1988, Aslan promoted Gerovital H3 with great success. In ...
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Employee Buyout
Employee stock ownership, or employee share ownership, is where a company's employees own shares in that company (or in the parent company of a group of companies). US employees typically acquire shares through a share option plan. In the UK, Employee Share Purchase Plans are common, wherein deductions are made from an employee's salary to purchase shares over time. In Australia it is common to have all employee plans that provide employees with $1,000 worth of shares on a tax free basis. Such plans may be selective or all-employee plans. Selective plans are typically only made available to senior executives. All-employee plans offer participation to all employees (subject to certain qualifying conditions such as a minimum length of service). Most corporations use stock ownership plans as a form of an employee benefit. Plans in Public company, public companies generally limit the total number or the percentage of the company's stock that may be acquired by employees under a plan ...
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Budapest
Budapest (, ; ) is the capital and most populous city of Hungary. It is the ninth-largest city in the European Union by population within city limits and the second-largest city on the Danube river; the city has an estimated population of 1,752,286 over a land area of about . Budapest, which is both a city and county, forms the centre of the Budapest metropolitan area, which has an area of and a population of 3,303,786; it is a primate city, constituting 33% of the population of Hungary. The history of Budapest began when an early Celtic settlement transformed into the Roman town of Aquincum, the capital of Lower Pannonia. The Hungarians arrived in the territory in the late 9th century, but the area was pillaged by the Mongols in 1241–42. Re-established Buda became one of the centres of Renaissance humanist culture by the 15th century. The Battle of Mohács, in 1526, was followed by nearly 150 years of Ottoman rule. After the reconquest of Buda in 1686, the ...
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Economy Of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of time. A decrease in cost per unit of output enables an increase in scale. At the basis of economies of scale, there may be technical, statistical, organizational or related factors to the degree of market control. This is just a partial description of the concept. Economies of scale apply to a variety of the organizational and business situations and at various levels, such as a production, plant or an entire enterprise. When average costs start falling as output increases, then economies of scale occur. Some economies of scale, such as capital cost of manufacturing facilities and friction loss of transportation and industrial equipment, have a physical or engineering basis. The economic concept dates back to Adam Smith and the idea of obtaining larger production returns through the use ...
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