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Covalact SA (Romania)

Main Activities: Fluid Milk Manufacturing | Creamery Butter Manufacturing | Cheese Manufacturing
Full name: Covalact SA Profile Updated: August 22, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Covalact SA was established as corporation in the Romanian food industry. The company was founded in 1969 and it is specialized in gathering milk and processing milk related products. Company constituted as a joined stock company with the majoritar package owned by the state, in 1990. In 1993 the company’s management decided to start the privatization procedure. In 2003 Covalact started a joint venture with the Dutch dairy producer Campina in order to start manufacturing yoghurt for the Romanian market. In June 2007 the majoritar Covalact stock package is taken over by SigmaBleyzer Southeast European Fund IV. Thus, the company enters a new development stage on the Romanian dairy market.

Headquarters
Strada Lunca Oltului Nr. 1
SFANTU GHEORGHE; Covasna; Postal Code: 520036

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Website: http://www.covalact.ro

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
February 26, 1991
Key Executives
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Director
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Administrator
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Administrator
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Administrator
Ownership Details
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99.4344%
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0.2909%
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0.2747%
Subsidiaries
Lactate Harghita SA
99.5975%
Covalact SA
0.2747%
Company Performance
Financial values in the chart are available after Covalact SA report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net sales revenue
8.57%
Total operating revenue
8.68%
Operating profit (EBIT)
N/A
EBITDA
-56.27%
Net Profit (Loss) for the Period
N/A
Total assets
-1.57%
Total equity
-15.97%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Quick Ratio
-0.23%
Cash Ratio
-0.13%

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