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For US and European companies exporting products to Russia, the operating environment has been challenging to say the least. Recent comments...
Arla Foods is wise to invest in its whey protein production capacity. However, the company is far from alone in pursuing this strategy, with various dairy firms stepping up production to meet growing global demand. As activity increases so too could competition, Katy Askew suggests.
In a tit-for-tat move, Russian President Vladimir Putin announced a year-long ban on on food imports from countries participating in the imposition of sanctions on Russia. Confident the country can be self-sufficient, Putin and Prime Minister Dmitry Medvedev have urged local producers to take advantage of the opportunity, and get their products on supermarket shelves. But are they up to the task? And what does this mean for global exporters to Russia? Hannah Abdulla reports.
Valio is facing some significant challenges. The Finland-based dairy group is grappling with the closure of the Russian border as well as the decline in industrial markets for dairy ingredients. However, the company is also working to identify new growth avenues, such as its lactose-free technology. Katy Askew spoke to Kari Finska, SVP of Russia and eastern markets for Valio, to find out more.
European dairy co-operative Arla Foods has set out an ambitious growth plan for its Russian business. The firm has indicated it intends to triple sales in the country. Katy Askew caught up with Arla senior vice president Hans Christensen, who has overall responsibility for Russia and other emerging markets, to find out how.
Finnish dairy group Valio is launching a lactose-free milk powder product in China.
Finnish dairy group Valio is re-entering Russia by launching a baby food brand in the country.
Valio, Finland's largest dairy group, said today (3 August) it will cease production at its factory in Tampere, a city in the south of the country, on 30 September.
Valio, Finland's largest dairy group, is planning to end production at a factory in Tampere, a city in the south of the country.
Finnish food groups Fazer Group and Valio have teamed up to work on a low-salt ingredient they are both using in new consumer-facing lines.
Finnish dairy group Valio has confirmed plans to build a plant to produce low-sugar yoghurt products.
Valio, the Finland-based dairy group, saw its sales drop almost 12% in 2015, the latest company in the sector to report it felt the pressure from the tough trading conditions in the sector.
Valio has announced the launch of a range of reduced-sugar yoghurt and yoghurt puddings aimed at children in its domestic market.
Valio, the Finnish dairy group, has launched a spread containing quark in its domestic market to compete with Unilever's Becel in the "wellbeing" segment.
European dairy companies Arla Foods and Valio have both moved to quell rumours they are interested in acquiring a controlling stake in Latvia's Jelgava Dairy Company.
This week, McCormick & Co. highlighted China as a strength in its first half numbers. Valio made a commitment to halve sugar in its dairy snacks and the Consumer Goods Forum committed to halving global food waste by 2025. Elsewhere, Ebro Foods acquired French sandwich maker Roland Monterrat. Here is the week in quotes.
Finnish dairy firm Valio has committed to halving the sugar levels in snack-type dairy products, particularly yoghurt, by 2020.
This week, Fonterra confirmed it would be axing jobs as part of a review in response to the "volatile" dairy trading environment at present. Campbell acquired Garden Fresh Gourmet as it looks to extend its presence in the packaged fresh category. Elsewhere, Raisio announced it was launching Benecol into China and the US House of Representatives voted to scrap meat labelling laws. We also took an in-depth look at Bel Group's investment in Moroccan dairy Safilait.
Valio has confirmed the number of operations and head office jobs it plans to cut, moves that have come in part to Russia's embargo on dairy products from the EU.
Finnish dairy firm Valio has secured a deal with a single distributor in Australia, providing better access to its low-lactose and lactose-free milk powders.
The EUR2.6bn sale of European frozen food giant and Birds Eye owner Iglo Group grabbed the headlines this week - and we looked at where the new owners - Nomad Holdings - could look next. Blue Bell Creameries, the US ice cream maker linked to a fatal listeria outbreak, was in the spotlight for very different reasons, pulling all its products from the market after fresh tests.
Valio, the Finnish dairy group, has begun negotiations with around 2,900 employees with the expectation that 320 positions will be eliminated from its operations division and head office.
Finland-based dairy group Valio has reported a 4% fall in annual sales, a sign of how the business was affected by Russia's embargo on EU dairy products.
Finland-based dairy group Valio has launched a line of kefir drinks in its domestic market.
The takeover battles for Chiquita Brands International and for Hillshire Brands were among the stories that grabbed your interest in 2014.
Finnish dairy group, Valio, has announced it has completed its head office restructure negotiations and confirmed 168 jobs are set to go.
Dairy giant Arla Foods has opened a lactose factory in Denmark to supply what the co-op called a "vibrant" infant nutrition market.
This week, Emmi flogged its Italian Trentilatte yoghurt business, while Kellogg sold the Loma Linda brand to Atlantic Natural Foods. Elsewhere, UK baker Finsbury Food Group moved to buy local peer Fletchers Group, while US private-equity firm BBX Capital made its second confectionery acquisition in a week. At the annual IGD Convention in London, UK retail veteran Andrew Higginson caused a stir by hitting out at the country's grocers.
A decision from Finland's competition watchdog to fine Valio for alleged anti-competitive practices earlier this year was one of the contributing factors that has led to CEO Pekka Laaksonen's decision to retire from the dairy group.
Russia has insisted it has no plans to lift the EU ban on food imports, its deputy prime minister, Arkady Dvorkovich, told an audience at the World Economic Forum on Wednesday (21 January).
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