Finnish diary industry to suffer from Russian food embargo
date:Aug 11, 2014
company comes from Russia.

Laaksonen said that it will be extremely difficult to Valio when the Russian market is banned, as their exports to Russia are expected to fall from 430 million euros last year to around 100 million.

Valio announced on Friday that it will begin co-determination talks affecting some 800 of the 3,500 employees in Finland.

Finnish national broadcaster YLE said that Valio might also gradually slacken its operations in Russia, where the company currently has about 500 em
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