date:Aug 08, 2014
e cream and ketchup producer in Russia.
A market source said companies would likely pay fines for early termination of contracts with suppliers of banned foodstuffs.
Danone said Russian and Belarussian milk meets 100 percent of its needs for the Russian markets but declined to comment on possible implications of the milk and dairy import ban on the broader market and prices.
Meanwhile Finnish dairy cooperative Valio Ltd has halted production of goods it exports from Finland to Russia, accordi