Albalact’s sales director, Irina Mandoiu, said the company registered good results, considering the current market conditions, and targets to enter new markets in the second half of the year.
Albalact was founded 40 years ago and ranks third in top of local dairy makers. Albalact has recently entered the segment of cheese products, after acquiring the majority stake in Raraul Campulung Moldovenesc.
Set up in 1971 and turned into a joint-stock company in 1990, Albalact was privatized in 1999. The company employs over 600 people and has over 6,000 shareholders. (EUR1=RON4.5186)