Danone SA reported that Russian authorities have placed the company’s Russian subsidiary under ‘temporary external administration’ – a measure linked to the Kremlin’s bid to strike back at ‘unfriendly states’ over economic sanctions.
Finnish dairy company Valio has completed negotiations on the divestment of its Russian operations. Valio will sell the operations to Velkom Group. The transaction will take place immediately.
On this week’s podcast, we have conversations with Miguel Freitas, Ph.D., vice president of health and scientific affairs at Danone North America; Tom Fuzer, VP of Marketing at Howtian; and John Allen, Kite Consulting.
Following Russia’s invasion of Ukraine, and the subsequent sanctions imposed upon Russia, doing business with the world’s largest country is becoming increasingly complicated.
Ekosem-Agrar AG, the German holding company of Russian milk producer EkoNiva Group, said the volume of dairy products sold rose by 76% year on year to more than 131,000 tons, with revenues also picking up at a rate of more than 75% to just under €80m...
Ekosem-Agrar AG has announced the Russian Agricultural Bank (Rosselkhozbank, RSHB) has adopted resolutions on the continued financing of the Ekosem-Agrar Group.
In January 2021, Russian imports of dairy products were 10% lower compared to their level in 2020 for the same period and practically corresponded to the volume of imports in 2019.
Representatives from business associations, scientific institutions, and government agencies in Russia and India have agreed to deepen relations in agriculture while preparing for the third round of IRSED (the India-Russia Strategic Economic Dialogue),...
Ekosem-Agrar AG, the German holding company of Russian milk producer EkoNiva Group, continued to expand its operating activities in the first nine months of 2020. Sales revenues increased by around 27% to €338.7m ($411.8m).
Ekosem-Agrar AG, the German holding company of Russian milk producer EkoNiva Group, generated sales revenues of €209m ($243m) in the first half of 2020, up 33% on the same period of the previous year.
The Council of the Eurasian Economic Commission (EEC) said it has reached fundamental arrangements on introducing the labeling of certain dairy products as the Eurasian Economic Union (EAEU) member states – Russia, Belarus, Armenia, Kyrgyzstan and Kazakhstan...
Italian independent brokers of dairy commodities in Europe, L’Interform, have published a report on the potential implications and scenarios of Russia opening up its dairy industry to once more include imports from the European Union.
The International Dairy Federation (IDF) has accepted Russia and Kenya as official members, bringing the number of member states in the federation to 43.
Ekosem-Agrar AG, the German holding company of Russian milk producer EkoNiva Group, has taken a step towards opening up the region around St Petersburg with the acquisition of the farm "OAO Trud."
Ekosem-Agrar AG, the German holding company of Russian milk producer Ekoniva Group, has built its largest dairy cow facility to date in Siberia's Novosibirsk region with space for 6,000 dairy cows.
Ekosem-Agrar AG, the German holding company of Russian milk producer EkoNiva Group, increased its raw milk output to more than 2,000 tons per day for the first time last week.
Ekosem-Agrar AG, the German holding company of Russian milk producer EkoNiva Group, benefited from the benign business conditions in Russia and further accelerated the growth of its business segments. The company was able to double not only its agricultural...
PepsiCo, Russia's largest producer of food and beverage products, has completed two major investment projects at the Rubtsovsk dairy plant in Russia: a whey processing section and treatment facilities.
A ground-breaking ceremony has been held to mark the construction of an integrated dairy complex in Russia’s Kaluga region, around 80km southwest of Moscow.
Shareholders of Ekosem-Agrar GmbH, the German holding company of Russian milk producer Ekoniva Group, have decided to change the legal form of the company into a German stock corporation.
Russia’s embargo of EU food products will be extended until the end of 2017 but the list of banned foods or countries affected will not change, according to a draft government decree.
With a ban on EU dairy products entering the country, Russia has been busy on the dairy front this week, announcing the launch of two dairy projects and starting work on another.
International dairy producer Milkiland said the lack of cheese exports from Ukraine and Poland to Russia, unfavorable global pricing for dry milk products, and currency devaluation, resulted in an almost 22% drop in its Q1 2016 consolidated revenues to...
In spite of the ban on European products – including dairy – entering Russia, the internal dairy industry seems to be on a firm footing in spite of some challenges, according to Andrey Oleynik, chairman of the board of directors of Kuban agroholding,...
Two Danone plants in Russia are closing as the company rearranges its capacities in both Siberia and the Volga region as part of its production optimization program.
Russia marked the one year anniversary of its import ban on Western food by defying a storm of criticism from within and launching a controversial campaign to destroy tonnes of smuggled food.
Russia has confirmed it plans to extend a ban on Western food imports until early 2016 and may add new products to the list of banned goods, officials have said.
Russia is likely to extend its ban on EU food imports beyond the August 7 deadline, as the European Union looks set to continue its sanctions against Russian products.
Removing geographical indication (GI) cheeses, such as Parmigiano Reggiano and Roquefort, from the Russian import blacklist "would not rock the boat," says the European Dairy Association (EDA).
Coveris Rigid Poland has launched its DuoSmart cups in Ukraine to target the dairy and processed foods sector, but admits it was a courageous decision to invest there given the turbulent economy.
Russia is taking "the back way" to overcome its dairy import shortfall - importing Belarusian cheese made using milk sourced from blacklisted European countries, DairyInfa claims.
Finnish dairy Valio has suspended shipments of lactose-free milk and dairy to Russia, just one week after it was given the go-ahead to resume exports of the specialty products to the country.
![Russian authorities destroyed 9 tonnes of cheese in one location yesterday, with media reports claiming more than 300 tonnes of illegally imported food was destroyed inthe first day. [Image credit: Reuters]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/9/9/8/1/2871899-1-eng-GB/Russian-destruction-of-contraband-Western-food-sparks-outrage.jpg)
