A positive arbitration award for Raisio for the partial suspension of Raisioaqua’s business in 2018
Raisio plc, Stock Exchange Release on December 17, 2020 In 2018, Raisio suffered a significant loss of income due to the interruption of the business for Raisioaqua's fish feed business. Russia imposed an export ban on Raisioaqua’s fish feed business from August 2018 until December 2018. The ban was due to a raw material supplied by Raisio's supplier that contained genetically modified (GMO) material. The quality defect affected only a small part of the deliveries but despite this the Russian authorities ordered the deliveries to be suspended altogether at that time. This resulted in