PRESS: Rusagro can buy Russian business of Valio - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

PRESS: Rusagro can buy Russian business of Valio

MOSCOW, Apr 19 (PRIME) -- Russian agricultural holding Rusagro plans to buy the Russian business of Finland's Valio, that is leaving the country, business daily Kommersant reported on Tuesday citing an investment source. 

Valio owns a plant in the Moscow Region with a capacity of 15,000 tonnes of products per year.

The source told Kommersant that the deal would encompass the rights to use the brand Viola besides the acquisition of the facility.

Streda Consulting CEO Alexei Gruzdev said that Viola is Valio’s key asset, and without it, Rusagro would have to undergo a costly process of own brand development on a competitive market.

End %%mk/jst%%

19.04.2022 09:33
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 61.2171 +0.2139 29 jul
USD 60.2031 -0.0167 29 jul
Stock Market Indices
1D 1W 1M 1Y
micex 2189.16 -0.32 18:51 28 jul
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 196.24 -0.13 18:36 28 jul
lkoh 3847.50 0.00 18:53 28 jul
rosn 348.70 0.00 18:49 28 jul
sber 131.69 -0.61 18:36 28 jul
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 61.1000 +0.5550 14:59 28 jul
USDTD 60.8350 +0.9200 17:44 28 jul