The Finnish food manufacturer Valio sells its Russian business, including the Viola brand, Velkom, the Finnish company.
“Valio completed negotiations on the sale of its business in Russia. Valio sells operations” Velkom “. The transaction will immediately take place. The parties did not decide the amount of the transaction. Valio operations in Russia will be terminated after the transaction. The transaction includes Russian enterprises Valio and the factory for The production of melted cheeses in Yershovo. The trademark of the melted cheeses “Viola”, which is sold and manufactured in Russia, is also part of the transaction, which means that the new owner can continue to produce and sell the melted Viola cheeses in Russia, the report said .