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7 Jul 2025 13:39
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  •   Home > News > Rural

    Trade and Export Growth Minister Damien O'Connor is supporting Fonterra's removal of business in Russia

    Trade and Export Growth Minister Damien O'Connor is supporting Fonterra's removal of business in Russia


    Fonterra
    Fonterra
    The co-op is closing its office in Moscow, re-deploying staff where possible and withdrawing from its joint venture with Unifood

    It is already stopping exports to Russia - making up about 1 percent of annual shipments.

    O'Connor says it's an understandable commercial decision for Fonterra.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
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     29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon
     26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing
     25 May: Strong global dairy commodity prices are expected to be good news for farmers this season
     22 May: New Zealand farmers are benefiting from a dairy renaissance
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    Nicola Willis is encouraging Kiwis to join the FamilyBoost scheme - with changes from this month to capture people who've been missing out 12:37

    Entertainment:
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    Politics:
    The Police Commissioner says urgent action must be taken to prevent staff accessing inappropriate or harmful content 11:57


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