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Profile updated: 17.10.20
 Viorica-Cosmetic SA  
 company 
Date founded : 22.02.1996
Country: Republic of Moldova, Chisinau
IDNO: 1002600033793
Viorica is a perfume and cosmetics factory (later renamed Viorica-Cosmetic) and was built in the late 1980s, designed after a factory of the famous French brand Christian Dior.

In 1993, the company was denied privatization for vouchers, but its decaying economic performance forced the authorities to reorganize it in a joined-stock company in early 1996. The government kept the control (96%) and the remaining shares were donated to employees.

A privatization plan designed in 1998 especially for Viorica-Cosmetic never went through and in 2007 it was dumped. The government yet was firm to get rid of its shares and in June 2012 it sold the entire 95.85% stake via the Moldovan Stock Exchange. The buyer was the DAAC Hermes group, which paid 51.04 million lei to take control of Viorica-Cosmetic.

Figures from the year 2020 show that the perfume and cosmetics factory has an equity capital of 77.3 million lei, and the main shareholders are DAAC Hermes Grup SA (24.5%) and Pielart SA (68.23%). Both companies are part of the DAAC Hermes group, controlled by businessman Vasili Chirtoca and his family.

According to financial records, Viorica-Cosmetic has reported losses over the past few years. In the first half of 2020, however, it posted profits and a significant increase in sales, due to the high demand for disinfectants as a result of the Covid-19 pandemic.
Website: viorica.md
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   Company’s history 
06.2012
DAAC Hermes Grup SA
24,5%
06.2012
Pielart SA
68,23%
02.1996
Government
06.2012
96%
1996
Chisinau mun.
1 Mesager str.
07.2020
Marin Macari
administrator
06.2016
Maria Borta
07.2020
administrator
06.2015
Anatolie Spivacenco
06.2016
administrator (interim)
 
Ludmila Negruta
06.2015
administrator
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 Alexandru Slusari 
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