Its revenues rose to RON446.39 million, compared with RON408.12 million in 2014.

In January, Albalact shareholders closed a takeover deal with French group Lactalis.

Albalact is Romania’s largest dairy processor whose portfolio includes over 150 products sold under its five brands: Zuzu, Fulga, De Albalact, Raraul and Poiana Florilor.

Local businessman Raul Ciurtin indirectly owns a 41% stake in the company, through two Cyprus-registered companies.