Tag Archives: Finland’s Valio Reported To Double Cheese Production In Russia In Face Of Food Import Embargo

Finland’s Valio Reported To Double Cheese Production In Russia In Face Of Food Import Embargo – 25 December 2014

RT logoFinnish dairy producer Valio has decided to double cheese production in Russia in light of the embargo on EU food imports.

The company plans to open a new production line in Moscow for its Viola cheese brand, the company’s director for Russia, Mika Koskinen told Finnish Yle agency.

According to Frank Schauff, Chief Executive of the Association of European Businesses, the time to invest in Russia is now, as a weaker ruble has made costs priced in euro much cheaper.

Read the full story at: www.rt.com / link to original article