Placing focus on staple food trade with regions such as the Middle East and Africa, as well as diversifying its ingredient supply, have been crucial steps for Ukrainian firm Vtc Trade to enjoy business success since the Russia-Ukraine war broke out.
New Zealand dairy cooperative Fonterra has lowered its 2021/22 farmgate milk price forecast, blaming global crisis that have had ‘short-term impacts’ on global demand for dairy products.
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.
The East European Dairy Congress is set to welcome more than 2,000 attendees at the Exhibition Centre KyivExpoPlaza, in the Ukrainian capital, Kiev, from March 2-4.
European dairies Nestlé, FrieslandCampina and Arla Foods have reported no disruption to their operations in and exports to Ukraine, but are keeping an eye on the current crisis in the country.
Milk producers in the Ukraine have lost an estimated €4million
(UAH25m) following the import ban into Russia last week,
implemented because imports of animal products had breached food
safety standards.
Sharp increases in meat prices at the end of September have
prompted Ukraine's Ministry of Agriculture to call for tighter
measures to prevent speculation and ensure more stable pricing. But
market observers claim that the increases...
Nestlé continues to pursue its strategy of getting a foothold in
just about every food market in the world. The recent purchase of
Ukrainian food processor Volyn Holding is the latest in a list of
acquisitions designed to cement the...
It would appear that Eastern Europe's appetite for yoghurts and
milk-based desserts is growing. Russian dairy giant Wimm-Bill-Dann
(WBD) has just installed a new €7 million production line at its
Kharkov dairy plant in Kharkov,...
