“2020 has been a good year, with 220% growth in a time of pandemic and drought. It was also a good year in terms of opportunities, because we increased distribution, going from 1,600 to 2,600 stores in the country. We also saw increased demand for export,” Adrian Cocan told ZF.
Laptaria cu Caimac posted EUR4.17 million revenue in 2019, its officials say. Laptaria cu Caimac’s products are currently available in Mega Image, Carrefour, Auchan, Kaufland and Profi retail chains.
After taking the company public on the Bucharest Stock Exchange this year, co-founder and CEO Adrian Cocan says the plans are to raise cash to keep investing in the company.
“2021 will come with growth for us again. We will begin a major investment and in June 2021 we will begin another one. We plan to resume talks for export to London next fall. Dairy industry investments are scheduled for 2021 not by multinationals but by local actors.”
(English version by Loredana Fratila-Cristescu)