News » April, 2011 » 28 April 2011
Lactalis close to becoming owner of Santal plant in Tunari
28.04.2011, 23:29 | Business | 1264 views
The purchase of the Italian dairy and juice producer Parmalat by French group Lactalis is likely to propel the French company onto a leading position on the domestic nectar market valued at a little below 40m euros annually and it may also become the owner of a Tunari-based company. Parmalat, with a 4.3bn-euro global turnover, is present in Romania through a subsidiary with 9m euros in turnover. Domestically, the company sells Santal juice and UHT milk Prima Creştere, Sviluppo and Parmalat. Milk contribution is below 2%, though, according to Ioana Stavăr, representative of Parmalat Romania's marketing office. Globally, the situation is totally different, as the weight of milk and dairy products in overall revenues tops 90%, while juice brings 6%. Read more on ZF.ro
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