albalact

The High Court of Cassation and Justice (ICCJ – Supreme Court) has issued the final decision confirming that Parmalat Romania has violated the competition law, a Competition Council release informs on Thursday. CC has proved that…

23 villagers who still live in the mountain hamlet of Tecșești, in Alba county, manage to advertise their village and area, posting videos and blogs about their stories and customs. Tecșești Vlogs is a product launched by Albalact dairy…

Reconstruction Capital II, the investment fund owned by Ion Florescu, prepares the sale of local paints and varnishes producer Policolor, capital.ro informs. He recently left Albalact and Top Factoring, interested in investing in the…

As of Tuesday, the shares of the largest dairy producer in Romania, Albalact (BVB: ALBZ), were withdrawn from trading on the Bucharest Stock Exchange (BVB) by the new owner, the French group Lactalis, capital.ro informs. Thus, Albalact…

After this summer acquisition of Albalact, French dairy giant Lactalis made a new one on the domestic market. According to Mirsanu.ro, Lactalis bought Romanian dairy producer Covalact, one of the ten largest players on the local market by…

The Competition Council has sanctioned five dairy companies with fines amounting to RON 8,591,540 million (about EUR 1.9 million) for rigging tenders organized in 2010 and 2011 in the counties of Giurgiu, Ialomita and Dolj under the…

The Board members of Albalact have submitted the resignation on Monday, two French citizens and one Spanish being provisionally appointed in their place, considering that the Competition Council authorized in July Albalact’s takeover by…

The French group Lactalis, the largest dairy producer in the world, will offer a minimum price of RON 0.5252 per Albalact share. This means about RON 340 million for what was the last great dairy farmer with domestic capital in Romania,…

The domestic market of mergers and acquisitions (M&A) recorded a strong growth last year, reflecting the global trend. Thus, the Romanian M&A market surpassed EUR 3 billion in 2015, an increase of 160 percent, according to a PwC…

After the transfer from the Rasdaq market, Albalact (ALBZ), the largest domestic dairy company with majority Romanian ownership and the second biggest player in the filed, will debut on June 3, on the regulated market operated by the…