Finnish diary industry to suffer from Russian food embargo
date:Aug 11, 2014
h food exports go to Russia.

He said that the Finnish dairy sector would be hardest hit by the Russian food embargo, as two-thirds of the food exports to Russia are dairy products, such as butter, cheese and yogurt.

Valio, the leading dairy producer of Finland with about 30,000 employees around the world, has had a strong foothold in the Russian market.

According to Pekka Laaksonen, managing director of Valio, Russia's role in Valio's operations is significant, since one fifth net sale of the
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