Adriean Asan-Mic, general manager of Lactag, which has been under insolvency for five years, believes the bourse is the best option to raise the needed capital to hit targets and exit reorganization.
With the capital increase, the producer targets, in the first phase, investors with experience in the dairy industry, says the entrepreneur. In the second phase, retail investors will also be targeted.
“We want to triple turnover in 2022, starting from production, logistics, human personnel, sales, marketing and existent commercial contracts”.
Lactag ended 2021 with flat turnover from 2020, namely around RON26 million. However, the company’s general manager underscores the company’s potential is 4-5 times bigger and could have been hit had it not been under reorganization. At its best moment, in 2014, the company’s turnover was threefold the current level.
The company works both with private labels, where there’s very high demand, and under its own brand, which is strong in Oltenia and Muntenia.
(English version by Catalina Apostoiu)