DAIRY
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Lactag Plans Retooling Investments to Bolster 2022 Turnover
Romanian dairy producer Lactag plans to operate a RON30 million capital increase and carry out retooling investments in the coming period so as to visibly boost production capacity and impli...
Bonas Hits RON10M Turnover in Jan-Sept 2021, Up 5.2% from Year-Earlier Period
Cluj-based dairy producer Bonas Import Export, listed on the Bucharest Stock Exchange in June 2021, in the first 9 months of this year posted turnover of around RON10 million, up 5.2% from t...
Olympus Investments in Brasov Dairy Plant Reach EUR139M
Fabrica de Lapte Brasov, the producer of the Olympus dairy products, has invested EUR139 million in the plant in Halchiu, Brasov County, so far, in the decade since opening it, the company o...
Prodlacta Brasov Profit Halves To RON0.4M YoY in 1H/2021
ProdLacta, a major player on Romania’s dairy market, in the first six months of this year generated net profit worth RON441,000, down 49.5% from the first half of 2020, according with ZF cal...
Agroserv Mariuta Saw Revenues Rise by 50% YoY in 1H/2021
Adrian Cocan, general manager of Agroserv Mariuta, the company behind Laptaria cu Caimac brand, says the company’s revenues leapt by over 50% in the first half of this year.
Dairy Producer Carmo-Lact Prod Doubles Profit in 2020
Carmo-Lact Prod (Bistrita-Nasaud) dairy producer posted more than RON132.7 million (EUR27.5 million) revenue last year, an increase of 26% year-on-year, ZF has calculated from Finance Minist...
Danone Investments Reach EUR11M in Romania in 2019-2021
Danone Romania, the leader of the Romanian yogurt market, has invested some EUR11 million in local milk production and in boosting the capacity of its plant in Bucharest since 2019, its offi...
Survey: Just 18% of Romanians Buy Dairy from Local Farmers
Most Romanians prefer to buy dairy products from supermarket and hypermarket chains, to the detriment of farmers' markets or convenience stores, a survey by Reveal Marketing Research showed...
Laptaria Cu Caimac Sees 220% Growth in 2020
The year 2020 was a really good year, given the 220% rise in revenue compared with 2019, despite the challenges of the COVID-19 pandemic and the drought, says Adrian Cocan, chief executive o...