Support The Moscow Times!

Hit by Russia Sanctions, Valio Cheese Sold at Half Price in Finland

Valio, a dairy cooperative, produces about 85 percent of the Finnish exports hit by Russia's sanctions.

HELSINKI — Finland's largest retailer S Group on Friday said it has started to sell products barred from export to Russia in its home markets with a significant discount.

S Group said that during the weekend it will deliver a 100,000 kilogram batch of Valio's cheese, wrapped in Russian labels, to its Prisma store chain in Finland.

The campaign price was 3.69 euros ($4.94) per kilogram chunk, about half of its regular price in Finnish stores.

"The demand has been very strong, it has already ran out in some stores," said S Group spokeswoman Outi Hohti.

She said the retailer was not currently planning other sanction-hit product campaigns, but added it was watching the situation closely.

Valio, a dairy cooperative, produces about 85 percent of the Finnish exports hit by Russia's sanctions. Last week it announced a plan to start job cut talks with labor unions.

See also:

Almost Half of Finnish Companies Hit by Russia Sanctions

Finnish Dairy Company Valio Offices Searched by St. Petersburg Police

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.