Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market
Exited Exit Completed
Valio
Valio
Valio Ltd. is a Finnish dairy company, a manufacturer of cheeses, milk, and lactic acid products.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market
Exited Exit CompletedRevenue(RF), mln.USD
115
Assets(RF), mln.USD
54
Capital(RF), mln.USD
27
Staff(RF), 2021
432
Taxes(RF), mln.USD
3
The Company Statement
April 26, 2022
Suspending business operations in Russia. Statement condemning Russia's invasion of Ukraine. Previously had suspended exports from Finland to Russia and Belarus, as well as imports of ingredients and packaging from Russia (operations consisted of a processed cheese factory, contract manufacturing partners, and sales offices). Sold business and Viola brand to Velcom.
| April 26, 2022 | Valio to sell its Russian operations |
| March 07, 2022 | Valio will close business operation in Russia |
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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