Valio does not consider the purchase of the dairy plant "Galaktika" in Leningrad region

Источник: The DairyNews
Finnish food manufacturer Valio is not considering the purchase of the dairy plant "Galaktika" in Leningrad region, despite the fact that it is studying all the possibilities for business expansion in Russia, writes The DairyNews with reference to information ivbg.ru.

"The main object for Valio investments in Russia was and remains its own plant in Moscow region. The production site in Moscow region has great potential, and the company openly declares its intentions to continue to invest in its development", noted in the press service of Valio, adding that they regularly receive questions about the possibility of buying other assets in Russia. 

Earlier we wrote that Valio is considering becoming a co-owner of one of the largest producers of dairy products in St. Petersburg and Leningrad region — LLC "Galaktika". According to experts, attracting a large investor will allow “Galaktika” to improve its financial performance. Valio, in turn, will have a chance to expand its presence in Russia even under the embargo.

Read more at © DairyNews.ru

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