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Valio said the milk market situation remains challenging despite overall economic growth.

Valio reports better sales in 2017

Finnish company Valio said 2017 was a good year from a business development perspective: net sales increased by 4.3%, and it was able to pay the co-operatives a steady milk price despite the challenging market situation.

Arla's 'Calcium' cost-cutting program will take effect throughout the company, covering production, products, procurement, promotional marketing and people.

Arla to cut €400m in costs

European dairy cooperative Arla Foods has launched an internal transformation program called “Calcium,” which is set to deliver more than €400m ($492m) of savings by the end of 2020.

The EMB's new president, Erwin Schöpges, left, with outgoing president, Romuald Schaber.

New president for EMB

Following the general assembly of the European Milk Board (EMB), the organization has a new president, Erwin Schöpges.

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