L'Oreal invests in R&D facility in Rio de Janeiro

Published: 20-Dec-2011
Research & Development Finance

New centre aims to strengthen L\'Oreal\'s position in Brazil


L'Oreal and the municipality of Rio de Janeiro have signed an accord for the construction of a research and innovation centre in the Bom Jesus zone of the city's technological park.

The cosmetics group says this marks a further step in the development of economic relations with the city and the Brazilian market. The project is estimated to cost some €30 million.
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