INDEPENDENT NEWS

Fonterra Resumes Sri Lankan Operations

Published: Wed 28 Aug 2013 05:22 PM
28 August 2013
Fonterra Resumes Sri Lankan Operations
Fonterra today announced it has resumed its consumer operations in Sri Lanka, following a thorough assessment by management that there is no risk to Fonterra staff and that the situation has now stabilised.
Chief Executive Theo Spierings said: “Last Friday we took the decision to temporarily suspend our Sri Lanka operations to protect our people, and to protect our farmer shareholders’ assets.
“I am now confident that our people are safe and the business is ready to resume operations and continue selling high quality dairy nutrition to Sri Lankan people.”
The Enjoining Order, which had prevented Fonterra from selling its products in Sri Lanka, was overturned in the Gampaha District Court last Friday.
Mr Spierings said Fonterra will continue to work with Sri Lankan and New Zealand government authorities on a long-term sustainable solution to support its Sri Lankan customers, communities and the local dairy sector.
- ENDS -

Next in Business, Science, and Tech

Gaffer Tape And Glue Delivering New Zealand’s Mission Critical Services
By: John Mazenier
Ivan Skinner Award Winner Inspired By Real-life Earthquake Experience
By: Earthquake Commission
Consultation Opens On A Digital Currency For New Zealand
By: Reserve Bank
Ship Anchors May Cause Extensive And Long-lasting Damage To The Seafloor, According To New NIWA Research
By: NIWA
A Step Forward For Simpler Trade Between New Zealand And Singapore
By: New Zealand Customs Service
68% Say Make Banks Offer Fraud Protection
By: Horizon Research Limited
View as: DESKTOP | MOBILE © Scoop Media