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French food group Danone suspends investments in Russia -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – A product logo was displayed in front of the 2019 results presentation by French food company Danone, Paris France. February 26, 2020. REUTERS/Christian Hartmann

PARIS (Reuters – French food giant Danone announced on its website that they were suspending Russian investments and that one their two Ukrainian factories was closing after Russia invaded Ukraine.

Danone stated that while we have suspended all Russian investment projects, we are continuing to produce and distribute fresh milk products as well infant nutrition to meet the basic food requirements of the population.

Russia is home to the Prostokvashino dairy product brand.

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