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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
1 mins to read

Fonterra announces exit from Russia

Russian market accounts for 1% of Fonterra exports.

NBR staff
Mon, 21 Mar 2022

After suspending its shipments to Russia last month Fonterra has announced it will exit its businesses there entirely.

In a statement, Fonterra chief executive Miles Hurrell did not explicitly link the decision to Russia’s invasion of Ukraine, saying the dairy co-op’s priority was the safety

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NBR staff
Mon, 21 Mar 2022
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Fonterra announces exit from Russia
General Business,
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