Russia Ban Artyomsol Salt from Ukraine
- New Europe Investor
- January 26, 2015
Ukrainian state company, Artyomsol, a salt producer, has had its exports to Russia banned, it has been announced.
Russia’s Federal Agency for Supervision of Consumer Protection, (Rospotrebnadzor) has stopped all salt products from moving across the border as of today.
In mid January, Rospotrebnadzor had sent letters to Ukraine, questioning information regarding the matter.
Their website claims that research ‘confirmed a violation of requirements under current legislation’.
It is being reported that impurities, specifically larger than normal amounts of iodine were found.
The Artyomsol salt mine is located in the war torn Donetsk region.
The company produces salt for the food, agriculture and industrial use, and exports to 22 countries all over the CIS and CEE. Countries as far as Germany and Israel also take imports.
Operating since 1881, Artyomsol claims on its website to have a production capacity of 7 million tons every year..
The company will be hard hit by the new ruling, as it has 24% of the Russian salt market.
It will also come as a further blow to Ukraine, which is currently teetering on the edge of default.