Last year, Albalact doubled the production capacity at its plant in Campulung Moldovenesc. The company also operates a plant in Oiejdea, Alba county.
Albalact said recently it expects net profit of 13.86 million lei (EUR3.2 million) in 2013, up 90% on the year.
It registered sales of RON343.8 million in 2012, slightly up on the year, and net profit of RON7.3 million.
The company is controlled by businessman Raul Ciurtin, which holds a 42.53% stake in Albalact through two firms registered in Cyprus: Crisware Holdings (26.86%) and Croniar Holdings Limited (15.67%). Investment fund RC2 owns 25.45% of the shares.
On the Rasdaq market in Bucharest Friday, Albalact closed flat at RON0.1420 a share. (EUR1=RON4.3241)