The upgrades in Azomureş are part of the 200 million dollars investment plan, the Swiss shareholder had announced upon taking over the plant in 2012. The restoration works on the urea and ammonia sections will be made but by a company in the Czech Republic.
Azomureş operated well over the past year. It has over 2,600 employees, a turnover of over € 400 million and a net profit of € 55 million.
At Azomureş 30% of the production is sold on the Romanian market and the rest is exported. The investor means to increase his services provision more on the domestic market.
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