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Fonterra joins multinationals’ exodus and shutters Moscow office

Carrie LaFrenz
Carrie LaFrenzSenior reporter
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New Zealand dairy giant Fonterra Co-operative Group will exit its businesses in Russia, shutting its office in Moscow, joining other multinationals leaving the country.

Fonterra is responsible for approximately 30 per cent of the world’s dairy exports, and has a portfolio of well-known brands including Western Star, Perfect Italiano, Bega Cheese, Mainland and Australian Dairies.

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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
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    Original URL: https://www.afr.com/companies/manufacturing/fonterra-shutters-moscow-office-20220321-p5a6le