Russian sanctions hit Latvian sprats

Whatever “Euro-optimism” the “Baltic tigers” emit, the embargo showed that access to the Russian market is the key to the existence of many companies in Estonia, Latvia and Lithuania.

A living example of this thesis could be the largest fish processing company in Latvia, Brivays Vilnis, which, according to local media reports, has not recovered after the embargo was introduced by Russia.

On the European market, where the company had to promote its products after the embargo was introduced, Breevis Vilnis faced on the one hand high competition in the canned fish market, and on the other hand, low market activity.

After the Russian market absorbed virtually any volume of the company's products without problems, the situation on the European market became a cold shower for the fish processing enterprise.

So, from January to September this year, the company barely managed to reduce losses from 679 euros to 693 euros.

According to the leadership of the Latvian company, even such essentially positive dynamics does not block the losses from the ban on deliveries to Russia and forces the Baltic states to look for new markets for the sale of their products.

Recall that the ban on the import into Russia of fish products from the Baltic countries was imposed by the Rosselkhoznadzor in 2015. The reason was the presence of hazardous substances in canned fish.
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  1. Vladycat Offline Vladycat
    Vladycat (Konstantin) 4 December 2018 11: 06
    Substances hazardous to health - democracy. Let them consume
    PAVEL MEDVEDEV (Medvedev Pavel) 4 December 2018 11: 11
    They also block the transit. For Russophobia you have to pay. Expensive
  3. Evgeny Pelevin Offline Evgeny Pelevin
    Evgeny Pelevin (Eugene Pelevin) 4 December 2018 11: 49
    I do not understand these idiots. There was a waste of the early 90s ... a mess and wonders how to live, what to build. This is clear. It is unclear why to destroy what works and whose products are in demand? The same RAF produced minibuses, for ambulance, for minibuses. The only buyer is Russia. Food - milk, cheeses, canned fish, Riga balsam, etc. for whom? For Russia. For whom did Dzintars produce perfume, and WEF radio electronics? Also for Russia. Whose cargo was shipped through the ports of the Baltic states? Russian.
    Why the hell did all this have to be destroyed and ruined your economy? But this was not enough for them. They began to destroy and remove monuments to fallen soldiers, made Russians second-class people, banned the language, etc. etc. What for? What's the point? I do not understand.
    And now they are sitting at the trough, which they themselves have broken, look at the West and wait for help. What help? In what? Help the one who builds, who produces. Investments are going into the economy. And if you destroyed your economy with your own hands, then what are you waiting for?
  4. File Offline File
    File 4 December 2018 17: 19
    My satisfaction is not from the fact that we imposed sanctions on the tribalt, but from the fact that Russia has finally shown firmness and has preserved its face.