COVALACT
8 articole · RSS
Dairy Producer Covalact Sees Revenue Down to RON150M in 2019
Dairy producer Covalact, one of the top ten on the local market, posted 150 million lei revenue last year, down 0.8% on 2018, as well as RON8.1 million profit, 12% lower than in 2018, ZF has calculated from Finance Ministry data. This was its first decline in...
Leroy si Asociatii Advised Lactalis on Covalact Takeover
Law firm Leroy si Asociatii advised French group Lactalis on the acquisition of Covalact SA, one of Romania’s top dairy producers.
Lactalis Buys Dairy Producer Covalact After Acquisition Of LaDorna And Albalact
French-held giant Lactalis bought Romanian dairy producer Covalact, one of the ten largest players on the local market by turnover, thus strengthening its position on the Romanian market, af...
Germany’s Dairy Group Mueller In Talks To Buy Covalact
The name of German-held dairy producer Mueller, whose products are available in Romania via imports and a partnership with a local yellow cheese maker, is on the list of suitors for dairy gr...
Covalact Invests Over EUR3M In New Production Line At Its Factory In Sfantu Gheorghe
Dairy maker Covalact has inaugurated a new production line at its factory in Sfantu Gheorghe, following an investment of over EUR3 million.
Covalact To Pay Out Dividends Worth Nearly RON5.5M
Dairy maker Covalact, controlled by American investment fund SigmaBleyzer, will distribute, in the upcoming period, dividends worth nearly RON5.5 million, which represents 92% of its 2015 ne...
Covalact: Half Of Milk Processors To Close Down In The Next Two Years
Romania’s dairy market is set to undergo consolidation in the coming years, and amid the high raw material costs, private label pressure and consumers’ low purchasing power, half of the coun...
Dairy Maker Covalact 2012 Turnover Up 30% On Year, To RON119M
Dairy maker Covalact reported sales of 119 million lei (EUR27 million) in 2012, up 30% from 2011, according to a ZF analysis based on data from Romania's Trade Registry and Finance Ministry.