J&J clarifies statement by chief executive
Johnson & Johnson Hellas Consumer Products SA yesterday issued a statement of clarification that stops short of pledging the transfer of more international production to its local plant in Mandra, as its chief executive officer, Gerasimos Kosmatos, had apparently implied to reporters on the fringes of a presentation on Tuesday.
The statement reiterated that the international firm’s Greek subsidiary, which only produces consumer goods, “supports Greek society and economy,” and that Kosmatos “confirmed the company’s support” in them. He also stressed the successful performance of the production unit in Greece, with the company employing some 500 people. The statement did not rule out an expansion in terms of the local plant’s output, however.
Johnson & Johnson has been present in Greece since 1975 and has been very successful with a wide range of cosmetics and sunscreen products. About 90 percent of the output of the factory in western Attica already goes abroad, with its pharmaceutical and cosmetics products finding their way to another 30 countries. The Greek subsidiary also cooperates with local firm FAMAR for some of its products.