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Ciurtin sets the new targets for Albalact

23.05.2010, 21:49 9

Raul Ciurtin, a shareholder in Albalact, the biggest independentdairy producer, maintains the company's 2010 strategy will entail areduction in the number of warehouses, from six to four, and thedevelopment of the distribution system through investments worth asmuch as two million euros. "We'll acquire cars for agents,transport vans and the necessary technology to improve warehousingand boost warehousing capacity. We'll invest around 200,000 eurosin the warehousing area and 1-1.5m euros in the fleet, buteverything will be done in steps," stated Raul Ciurtin, chairmanand general manager of Albalact, who owns 14.9% in the AlbaIulia-based company. Albalact currently has 4,000 active clientsalong all distribution channels and wants to increase their numberby 20% by yearend, to around 4,800. Ciurtin added the company wouldmake further investments in distribution in 2011, but provided noadditional details. Albalact, with 53m-euro turnover in 2009, ownsthree warehouses, in Alba Iulia, Bucharest and CampulungMoldovenesc, and has three rented warehouses in Craiova, Timisoaraand Baia Mare. The producer expects 10% turnover growth thisyear.

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