DAIRY
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Olympus Dairy Producer To Invest EUR15M To EUR20M In Brasov
Fabrica de Lapte Brasov, which makes the Olympus dairy products, plans to invest EUR15 million to EUR20 million in its plant in Halchiu, Brasov County over the next two years, says general m...
Florescu, RC2: Lactalis To Offer Same Price To All Albalact Investors
The price French-held Lactalis group will pay to the shareholders in the tender offer for dairy producer Albalact (ALBZ.RO) will be the same for all shareholders, even though the Ciurtin fam...
Only 22% Of Romanian Farms’ Milk Production Reaches Dairy Plants
Only 22% of the milk produced by Romanian farmers reaches local plants for processing, a Eurostat survey reveals. Romania therefore has the widest gap between farms and plants in Europe, con...
Dairy Multinationals Start Betting On Romanian Executives
Danone, FrieslandCampina and Hochland are the first multinationals in the dairy industry that appointed representatives of the first generation of Romanian executives trained in capitalism t...
Dairy Industry Expects To See Food VAT Cut Effect At The End Of The Year
The food VAT cut as of June 1 was the breath of fresh air Romania’s dairy industry had been waiting for and most of the largest companies in the business expect to see the impact of this ste...
Dorna Lactate Posts Sales Growth, Stays In The Red
Dorna Lactate, the largest business French-held Lactalis group has in Romania, posted 2% growth in sales to 91.7 million lei (EUR20.6 million) in the first half on the year-ago period, as we...
Batoux, Albalact: All Companies Are Growing, Which Makes It Harder To Find Employees
Dairy producer Albalact’s (ALBZ.RO) chief executive Stephane Batoux is optimistic about Romania’s performance next year but says employees will be harder to find especially for middle manage...
Olympus Sees 2015 Revenue At EUR75M
Fabrica de Lapte Brasov, the local producer of the Olympus, Oly and Familia Brasoveanu dairy brands, set out to attain EUR75 million revenue this year, after a first half with 11% growth.
Napolact Sees 13% Rise In Sales After Food VAT Cut
Napolact, the main growth driver of the local operations of Dutch-held FrieslandCampina, posted 13% higher sales in the first seven months than in the year-ago period, partly because of the...