17:14 16 September 2024
Miraculum has agreement to distribute cosmetics from Kazakhstan in Poland
Miraculum has signed a distribution agreement with a leading distributor of cosmetic and chemical products in Kazakhstan. The agreement, effective until December 31, 2025 (with the option for extension), allows the distributor to sell Miraculum's products in the country. The estimated value of the contract by the end of 2025 is €5 million, with the first order expected in the next two weeks.
Miraculum specializes in skincare, depilation, perfumes, and makeup products. The company debuted on the Warsaw Stock Exchange in 2007 and generated PLN 47 million in revenue in 2023.
