Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure LV-2020-13/1584 – measures in Latvia
Country | Latvia , applies nationwide |
Time period | Open ended, started on 22 March 2020 |
Context | COVID-19 |
Type | Company practices |
Category |
Reorientation of business activities
– Change of production/Innovation |
Author | Kriss Karnitis (EPC) and Eurofound |
Measure added | 09 December 2020 (updated 26 January 2021) |
On 22 March 2020, Madara Cosmetics, one of largest producers of cosmetics in Latvia, announced that reacting to high demand caused by the COVID-19 pandemic, the company is developing new products - hand disinfectants. Chairwoman of the company informed mass media that four new sustainable and natural personal care and skin care products will be available on the market in early April.
Madara Cosmetics, one of largest producers of cosmetics in Latvia in March and April 2020 added to their product line up hand disinfectants under the brand name ANTI.
The share of the ANTI product line in the total turnover in the first half of 2020 was 3.3%. The company states that the ANTI product line in the company's product portfolio is of a complementary nature, and the company does not plan to focus on developing this product segment.
During the first half of the year the company reports increase in the turnover by 47%. The financial report of the company states that the company's rapid growth is based on its focus on e-commerce, attracting new retail customers, including especially in France and Germany, and successfully launching new products.
In March 2020 Madara Cosmetics (in cooperation with L.Ē.V. Ltd.) processed confiscated ethyl alcohol to a surface disinfectant free of charge. The initiative came from the Ministry of the Interior, which, reacting to the lack of disinfectants, proposed that 5,000 litres of confiscated 90% alcohol should be processed in to a surface disinfectant.
No information to report.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers | Does not apply to businesses | Applies to all citizens |
Actors | Funding |
---|---|
Company / Companies
|
No special funding required
|
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | No involvement | No involvement as case not in social partner domain |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
No specific involvement.
No specific views to report.
This case is sector-specific (only private sector)
Economic area | Sector (NACE level 2) |
---|---|
C - Manufacturing | C20 Manufacture of chemicals and chemical products |
This case is not occupation-specific.
Citation
Eurofound (2020), Madara Cosmetics starts to produce hand disinfectants, measure LV-2020-13/1584 (measures in Latvia), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/LV-2020-13_1584.html
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