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Our Socio-Economic Impact In The Nordics
Innovation, Beauty, and Economic Impact.
L'Oréal has a significant and well-established presence in the Nordic region, serving as the #1 leader in the beauty market across Denmark, Sweden, Norway, and Finland.
L'Oréal has been a symbol of innovation and beauty in the Nordics for more than 100 years. L'Oréal in the Nordics is a driving force in both the beauty industry and the Nordic economy providing esteemed beauty products and cutting-edge beauty technologies while generating significant economic value and opportunities in the Nordics.
Impacting the Nordic Economy
L’Oréal’s operations in the Nordics is a powerful economic contributor with a strong industrial footprint:
• 8,340 jobs supported across L’Oréal’s value chain in the Nordics.
• 1=8 jobs. One L’Oréal job in the Nordics generates 8 jobs through the value chain in the wider economy.
• €2.4 billion total sales generated across L’Oréal’s value chain the Nordics.
• €230 million in tax and social contribution revenue generated across L’Oréal’s value chain in the Nordics.
L'Oréal's presence positively impacts not just the cosmetics sector but also the services sector, mainly in trade and retail services, hairdressers and the publishing and audiovisual sector.
1=8
Each L'Oréal job in the Nordics creates an additional 8 jobs in the Nordic economy
€ 2.4 Bn
In the Nordics, L'Oreal's value chain generates a total turnover of 2.4 billion EUR
€ 230 Mn
in tax and social contribution revenue
27K
Nordic beneficiaries every year through our brand causes
A strong employer in the Nordics
L'Oréal in the Nordics is the # 1 beauty company in the region and employs +900 people.
The company's portfolio includes 34 global brands spanning across its four divisions.
L'Oréal in the Nordics operates 5 different sites in the region: a Nordic headquarter in Copenhagen, offices in Stockholm, Helsinki and Olso, and a distribution center in Greve (Denmark).