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| Finland’s Valio dairy closes factory due to Russian food embargo | |
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| Tweet Topic Started: Jun 1 2016, 09:42 AM (953 Views) | |
| Siberian | Jun 1 2016, 09:42 AM Post #1 |
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One of Finland’s biggest dairy companies, Valio, has announced it is shutting down a facility in the city of Tampere due to losses as a result of Moscow’s food embargo against the EU. https://www.rt.com/business/345034-valio-plant-closure-sanctions/ |
| Goood morning GULAG!!! | |
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| Siberian | Jun 1 2016, 09:49 AM Post #2 |
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Jar, it's a special gift to you ![]() Who was punished by the Western sanctions the most? The answer is - subdued, owned slaves of the US - Europe. While US increased trade with Russia despite all rethorics, Russia is benefitting from developing own production after a period to adapt to new realities, still Europe is paying the price for being a slave. And it's not some new European values, it's just the way you comfort yourself. http://unitedstates.com/topic/8449897/ |
| Goood morning GULAG!!! | |
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| Robert Stout | Jun 1 2016, 04:12 PM Post #3 |
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| Jesus can raise the dead, but he can't fix stupid | |
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| jake58 | Jun 2 2016, 07:50 AM Post #4 |
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they shut down one facility, they've been losing market share for a couple of years since the EU quotas on milk came off and laid off 50 employees... the mighty power of Russia's economy /s |
| That which can be asserted without evidence; can be dismissed without evidence- Christopher Hitchens | |
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| jake58 | Jun 2 2016, 07:56 AM Post #5 |
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Hey bro, Kazakhstan has a higher GDP per capita Russia's hard times aren't over yet Following the 2014 annexation of Crimea, introduction of Western sanctions, and fall in oil prices, Russia's economy entered a recession in 2015. The consensus among Russia watchers is that the economy will only start to grow in 2017, but even then the growth rate will be relatively low — between 1 and 2 percent per year. The reason for this is threefold... First, the decline in oil prices has played a major role. The Russian economy is still very dependent on oil prices. Even though Russia's central bank has moved to a floating-exchange-rate framework, Russia could not avoid the recession, given the 50-percent drop in oil prices. The ruble depreciation buffered the shock but could not have shielded the economy completely. Second, Western sanctions reinforced the impact of the decline in oil prices. If not for the sanctions, the Russian government, banks, and corporations could have borrowed their way out of the crisis (especially given that the overall external debt was not large). Third, the Russian economy was not in good shape even before 2014. The post-Great Recession recovery ran out of steam already in 2013. After reaching pre-crisis GDP level in mid-2012, Russian economic growth started to slow down. By early 2014, the Russian economy started to stagnate with the growth rate oscillating around zero. |
| That which can be asserted without evidence; can be dismissed without evidence- Christopher Hitchens | |
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| jar | Jun 4 2016, 05:06 AM Post #6 |
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Previously 'jr' (before the site crash)
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http://www.tradingeconomics.com/finland/exports Anything else?
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| jar | Jun 4 2016, 08:11 AM Post #7 |
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Previously 'jr' (before the site crash)
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Which values Russia is showing in its actions? Maybe you should start learning something about this world, where western values have become dominant since about the Middle Ages and how western world has developed the current concepts of trading? And about how trading is conducted? And about which values and qualities are regarded as developed in a global scale in the trade business? Regarding Valio: http://www.valio.com/articles/valio-milk-production-in-finland-is-gmo-free/ http://www.valio.com/ingredients/ I know that Russia is also regarded as one of the non-GMO producers but the quality of products is also dependent on other values, including other substances used in production and also the human rights of the workforce. |
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| Robert Stout | Jun 5 2016, 12:38 AM Post #8 |
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In 2010, 14% of Valio's total revenues were earned in Russia...What % in earned now in Russia with the trade embargos on milk products ???...The point is Finland pays a heavy price for the sanctions on Russia...........
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| Jesus can raise the dead, but he can't fix stupid | |
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| Stef | Jun 5 2016, 01:47 PM Post #9 |
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Dear oh dear Siberian. I see you need some help re your information. Told you before, RT is not reliable - nor Moscowtimes it seems, as they are repeating the same stretch of the story as our venerable RT .... :-)) Russia embargo was, it seems, quite a small factor in the whole episode. Here are the actual facts from the Dairy Reporter. VALIO looks to 2016 after bad year I also found this quite interesting. VALIO group turnover and personnel ![]() That was in 2013 admittedly. 500 employees in Russia. WOW. Have you guys closed that factory? Now, now, don't bother to check with RT what's VALIO doing in Russia. Here's a more reliable source. VALIO in Russia I trust that helped. Stef |
| Beware lest you lose the substance by grasping at the shadow. – Aesop | |
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| Stef | Jun 5 2016, 02:14 PM Post #10 |
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Ok, I see I need to help you again my good Siberian. First, as you well know, the sanctions are not targeted at Russia global, rather towards a handful of Russian oligarchs, their privately held companies and a few politicians that are believed to be providing logistic or financial support to Russian separatists inside Ukraine. Friends of yours perhaps? Don't know where you got your data from (RT perhaps? ....), but here are the facts as reported by the US Census. US trade in goods with Russia To help you out I extracted some figures for you Millions USD Exports Imports 2015 7,087 16,366 2014 10,752 23,660 2013 11,145 27,086 2012 10,695 29,365 2011 8,318 34,619 2010 5,994 25,691 Not a major increase ... but hey, RT perhaps knows better. As for "slaves" let's see. From Census again: US trade in goods with EU 2015 271,988 427,562 2014 276,208 420,591 2013 262,095 387,510 2012 265,373 381,755 2011 269,069 368,464 2010 239,591 319,264 Importing from the "slaves" much more than exporting to them ... mmmm, doesn't sound like tough slavery to me. What's the Russian population vs the UK? Right, quite a bit larger. So let's check some more figures from the Census again. US trade in goods with UK 2015 56,155 57,962 2014 53,848 54,693 2013 47,361 52,741 2012 54,861 55,006 2011 56,033 51,263 2010 48,410 45,805 Oh well, it seems that the trade with Russia is not a great deal for the US. There my friend. I hope that helped. Now it's BBQ time so I'll be away for a while. :-) Stef Edited by Stef, Jun 5 2016, 02:19 PM.
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| Beware lest you lose the substance by grasping at the shadow. – Aesop | |
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| mysysail | Jun 6 2016, 04:05 AM Post #11 |
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Global_Hick
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Pravda and the likes have been telling the "truth" for years. Amen!
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| Robertr2000 | Jun 6 2016, 11:44 AM Post #12 |
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How are those Russian sanctions going?
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| "if that **** wins we'll all hang from nooses" | |
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| Robert Stout | Jun 6 2016, 07:37 PM Post #13 |
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Finland's sanction attack on Russia reminds me of a self inflicted gunshot wound in combat.............
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| Jesus can raise the dead, but he can't fix stupid | |
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| Drudge X | Jun 6 2016, 08:21 PM Post #14 |
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Russians ae too damn poor to afford Finland grade dairy products anyway. Joke is on Russia. |
| Kate Steinle was separated from her family permanently but leftists didn't seem to mind. | |
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| Siberian | Jun 7 2016, 03:28 AM Post #15 |
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lol Jar, I thought you cannot be that funny ![]() True Western values which caused wealth and development of the West are nothing but robbering colonies which started accumulation of wealth abd boosted developnent. And money brings money as we know, since you occupued the top it's quite easier to keep this way than for one to replace you.. ![]() Stef, I'll answer later today. |
| Goood morning GULAG!!! | |
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| Siberian | Jun 7 2016, 03:50 AM Post #16 |
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Lol, Stef, I am not a Wesrtern zombie, I get news from multiple sourses, unlike you . Let us see what Free Ukrainian press says... ![]() Euromaidan Press US-Russia trade flourishes despite sanctions 2015/05/31 • NEWS, RUSSIA The sanctions against Russia are causing significant problems for European companies – by contrast, their American competitors are continuing to do good business. According to Russian statistics, trade between the United States and Russia grew in the prior year by around 6%. By contrast, trade with countries in the European Union (EU) contracted by almost 10%. In the first two months of 2015, trade between the EU and Russia collapsed by a third. Der SPIEGEL (German news magazine – Ed.) reported this in its most recent edition. http://euromaidanpress.com/2015/05/31/us-russia-trade-flourishes-despite-sanctions/#arvlbdata though, you could be correct if you said that not Western economic sanctions but recesion (which started later and is not related to sanctions) in Russia hurts the US as much as Europe. But you seem not to care much of accuracy, just like Wesyern press. As well Western sanctions are not directed against persons only, the most efficient part of them concerns blocking access of Russian companies to Western credits . While I doubt it's bad in long term. Edited by Siberian, Jun 7 2016, 03:53 AM.
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| Goood morning GULAG!!! | |
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| Siberian | Jun 7 2016, 04:02 AM Post #17 |
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or maybe you are just illiterate in economy and can'r put 2+ 2 together, just don't follow news or can't tell the meaning of economic factors ndstatistics.. as for Valio - it's just an example, You can just judge on overall impact on Finnish economy which is in recession as I know and thos recession is caused mostly by fall of trade with Russia. Edited by Siberian, Jun 7 2016, 04:09 AM.
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| Goood morning GULAG!!! | |
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| Stef | Jun 7 2016, 02:48 PM Post #18 |
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You are pricelessly funny Siberian. I tried to help you with some facts and figures and you come back with quoting an article which states "According to Russian statistics, ......." As I said, priceless. As priceless as the rest of your comments above. But hey, if it keeps you happy, why not? Keep believing that we are all zombies on this side of the world and you keep enjoying the enlightened and free world you think you live in. No issue on my part. Well, I will leave it here. You are way too predictable and, I am sure, not wanting to deal with a boring zombie who cannot add 2+2. Stef |
| Beware lest you lose the substance by grasping at the shadow. – Aesop | |
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| mysysail | Jun 7 2016, 02:57 PM Post #19 |
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Global_Hick
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It is a shame, really. Yesteryear, we could have asked Radio Yerevan. |
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| Robertr2000 | Jun 7 2016, 04:39 PM Post #20 |
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Because American and European statistics are so much more accurate right?
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| "if that **** wins we'll all hang from nooses" | |
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8:43 PM Jul 10