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Oriflame
Oriflame Holding AG is a Swedish-founded multinational multi-level marketing company with its corporate head office in Switzerland, that sells beauty and personal care products directly to consumers online through a network of independent sellers. History Oriflame was founded on January 1, 1967, in Sweden by brothers Jonas af Jochnick and Robert af Jochnick, and their friend Bengt Hellsten. The head office of Oriflame is located in Schaffhausen, Switzerland, with a registered office in Stockholm, Sweden. IK Partners (Formerly Industri Kapital) acquired Oriflame through a public offering on the London Stock Exchange in October 1999. IK gradually reduced its stake, before final exit in March 2006. Oriflame was traded on the Nasdaq Stockholm until being delisted on 17 July 2019. In 2023, Anna Malmhake succeeded Magnus Brännström as CEO & President after Brännström's 18-year tenure. In August 2022, Oriflames Marcus Fogel (Senior Director of Global Digital Services) ...
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Magnus Brännström
Magnus Brännström (born June 4, 1966) served as the CEO and president and the board member of the beauty company Oriflame since 2006 until his departure from Oriflame in 2023. He became in 2017 the Chairman of the World Federation of Direct Selling Associations (WFDSA). Brännström was one of few Swedish CEOs of his generation to have made his management career out of Russia. Before joining Oriflame's operations in Russia in 1996, Brännström worked for Swedish companies Spendrups, JGB and the former luxury hotell chain Reso entering the post-Soviet states of the early 90s. Brännström is a former Swedish navy reserve officer and combat diver A frogman is someone who is trained in scuba diving or swimming underwater. The term often applies more to professional rather than recreational divers, especially those working in a tactical capacity that includes military, and in some Europea ....
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Anna Malmhake
Anna Malmhake (born 1966) is a Swedish business executive specialised in FMCG and consumer technology. She is a graduate of Stockholm University, and holds a bachelor's degree in social science, business and law. Career Malmhake started her career at Procter & Gamble in 1991. After positions at The Coca-Cola company and Motorola, she joined Vin & Sprit AB in 2007 as global brand director for Absolut Vodka. Soon after Pernod Ricard bought Vin & Sprit AB, Malmhake was promoted to vice president Global Marketing, a position she held until 2011. Between 2011 and 2016, Malmhake served as chairman and CEO of Irish Distillers, before returning to The Absolut Company as CEO on 1 July 2016. She left The Absolut Company in 2020 to become managing director for the EMEA go to market organization of Activision Blizzard. She left Activision Blizzard King in early 2023. In 2023, Anna took over as CEO & President of Oriflame Oriflame Holding AG is a Swedish-founded multinational multi ...
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Multi-level Marketing
Multi-level marketing (MLM), also called network marketing or pyramid selling, is a controversial and sometimes illegal marketing strategy for the sale of products or services in which the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services, while the earnings of the participants are derived from a pyramid-shaped or binary compensation commission system. In multi-level marketing, the compensation plan usually pays out to participants from two potential revenue streams. The first is based on a sales commission from directly selling the product or service; the second is paid out from commissions based upon the wholesale purchases made by other sellers whom the participant has recruited to also sell product. In the organizational hierarchy of MLM companies, recruited participants (as well as those whom the recruit recruits) are referred to as one's ''downline'' distributors. MLM salespeople are, therefore, expected to sel ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Personal Care
Personal care products are consumer products which are applied on various external parts of the body such as skin, hair, nails, lips, external genital and anal areas, as well as teeth and mucous membrane of the oral cavity, in order to make them clean, protect them from harmful germs and keep them in good condition. They promote personal hygiene and overall health, well-being and appearance of those body parts. Toiletries form a narrower category of personal care products which are used for basic hygiene and cleanliness as a part of a daily routine. Cosmetic products, in contrast, are used for personal grooming and beautification (aesthetically enhance a person's appearance). Pharmaceutical products are not considered personal care products. Most of the personal care products are rinsed off immediately after use, such as shampoos, soaps, toothpastes, shower gels, etc. A few personal care products, however, are left on the applied surface such as moisturizing cream, sunsc ...
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Poland
Poland, officially the Republic of Poland, is a country in Central Europe. It extends from the Baltic Sea in the north to the Sudetes and Carpathian Mountains in the south, bordered by Lithuania and Russia to the northeast, Belarus and Ukraine to the east, Slovakia and the Czech Republic to the south, and Germany to the west. The territory has a varied landscape, diverse ecosystems, and a temperate climate. Poland is composed of Voivodeships of Poland, sixteen voivodeships and is the fifth most populous member state of the European Union (EU), with over 38 million people, and the List of European countries by area, fifth largest EU country by area, covering . The capital and List of cities and towns in Poland, largest city is Warsaw; other major cities include Kraków, Wrocław, Łódź, Poznań, and Gdańsk. Prehistory and protohistory of Poland, Prehistoric human activity on Polish soil dates to the Lower Paleolithic, with continuous settlement since the end of the Last Gla ...
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Russia
Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders of Russia, land borders with fourteen countries. Russia is the List of European countries by population, most populous country in Europe and the List of countries and dependencies by population, ninth-most populous country in the world. It is a Urbanization by sovereign state, highly urbanised country, with sixteen of its urban areas having more than 1 million inhabitants. Moscow, the List of metropolitan areas in Europe, most populous metropolitan area in Europe, is the capital and List of cities and towns in Russia by population, largest city of Russia, while Saint Petersburg is its second-largest city and Society and culture in Saint Petersburg, cultural centre. Human settlement on the territory of modern Russia dates back to the ...
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Roorkee
Roorkee (Rūṛkī; ) is a city and Municipal Corporations in India, municipal corporation in the Haridwar district of the state of Uttarakhand, India. It is from Haridwar, the district headquarters. It is spread over a flat terrain under the Sivalik Hills of the Himalayas. The city is developed on the banks of the Ganges Canal, its dominant feature, which flows from north–south through the middle of the city. Roorkee became part of the Landhaura, Landhaura estate of the Gurjar, Gurjars in 1824 after the death of Ram Dayal Singh, Ram Dayal Singh Gurjar. Roorkee is home to Asia's first engineering college the Indian Institute of Technology Roorkee, formerly known as Thomson College of Civil Engineering. Roorkee is also known for the Roorkee Cantonment, one of the country's oldest military establishments and the headquarters of Bengal Engineer Group since 1853. A freight train between Roorkee and Piran Kaliyar first ran on 22 December 1851, which was two years before the first p ...
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Noida
Noida (), short for New Okhla Industrial Development Authority (ISO: ), is a city located in Gautam Buddha Nagar district of the Indian state of Uttar Pradesh. As per provisional reports of Census of India, the population of Noida in 2011 was 642,381. The city is managed by New Okhla Industrial Development Authority (NOIDA). The district's administrative headquarters are in the nearby city of Greater Noida. The city is a part of the Noida (Vidhan Sabha) constituency and Gautam Buddha Nagar (Lok Sabha) constituency. Noida was ranked as the "Best City in Uttar Pradesh" in the "Best City Awards" conducted by ABP News in 2015. It is also ranked the cleanest city in medium category cities (cities with a population of 300,000 to 1,000,000) and 4th cleanest city among cities with less than 1,000,000 people. History The city lies in the cultural region of Braj. Noida came into administrative existence on 17 April 1976 and celebrates 17 April as "Noida Day". It was set up as part ...
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India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since 2023; and, since its independence in 1947, the world's most populous democracy. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is near Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations averag ...
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Euro
The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 1 euro cent coin, euro cents. The currency is also used officially by the institutions of the European Union, by International status and usage of the euro, four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. The euro is used by 350 million people in Europe and additionally, over 200 million people worldwide use currencies pegged to the euro. It is the second-largest reserve currency as well as the second-most traded currency in the world after the United Sta ...
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PayU
PayU is a Netherlands-based payment service provider to online merchants. The company was founded in 2002, and is headquartered in Hoofddorp. It allows online businesses to accept and process payments through payment methods that can be integrated with web and mobile applications. As of 2018, the service is available in 17 countries. The firm is owned by the Naspers Group, which also owns a stake in one of its sister companies, Tencent. History PayU is the result of multiple payment gateways in various regions of the world that have been acquired and brought into the PayU group. In 2014, all online payment companies that were part of Naspers started operating under the PayU brand. In 2022, it fired about 150 employees, approximately 6% of its workforce. In 2023, PayU sold its global payments business, other than those in its core markets of India, Southeast Asia and Turkey, to Rapyd for $610 million. Investment and acquisitions * Acquired Zooz, an Israeli startup that provid ...
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