Last year, Covalact reported net loss of RON4 million, over 40% higher from 2011.

Covalact is the largest company within the Covalact group, owned by American private equity firm SigmaBleyzer, and employed over 380 people at the end of 2012.

The other two companies in the group are Covalact Prodserv and Lactate Harghita, with cumulated turnover of around RON5 million, according to ZF calculations based on company data.

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