Ukraine
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AAK joins list of food companies suspending shipments to Russia
SWEDEN – Global Sweden-based producer of vegetable oils and fats AAK has temporarily halted deliveries to and sales in Russia following the country’s decision to…
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Coca-Cola, PepsiCo earnings to take a hit from disruption of operations in Ukraine, Russia
UKRAINE – World’s largest soft beverage makers Coca-Cola and PepsiCo expect a major hit on their finances following disruptions of their operations in Ukraine and…
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French dairy Lactalis reopens Ukraine factory but war continues to impact operations
UKRAINE – World’s largest dairy company Lactalis has resumed output at a factory in Ukraine where production had been halted amid nearby fighting. A spokesperson…
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Danone backs US meal-delivery firm Splendid Spoon, closes Ukrainian factory as war intensifies
US – French multinational food corporation Danone has invested in US meal-delivery firm Splendid Spoon in a Series B funding round led by Sweden-based investment…
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Food companies shut Ukrainian operations as Russian invasion creates food security concerns globally
UKRAINE – Danish multination brewer Carlsberg, Japan Tobacco, and a Coca-Cola bottler were among firms shutting factories in Ukraine following Russia’s invasion. Denmark’s Carlsberg, which…