Agrofert

Agrofert Completes Takeover of Borealis Nitrogen Processing Division for 810 Million Euros

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Agrofert Completes Takeover of Borealis Nitrogen Processing Division for 810 Million Euros

Updated: 07/05/2023 16:36 Issued: 07/05/2023 15:02 Prague – Holding Agrofert completed the takeover of the nitrogen processing division of the Austrian chemical company Borealis, which includes the production of fertilizers, melamine and technical nitrogen products. The transaction for 810 million euros (over CZK 19.2 billion) was completed today. Agrofert spokesman Pavel Heřmanský informed about this … Read more

Agrofert’s Chemika SKW Piesteritz achieves record profits despite high gas prices

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Agrofert’s Chemika SKW Piesteritz achieves record profits despite high gas prices

Agrofert, the Czech chemical and food conglomerate, has reported record-breaking profits for the year 2022. The company, which includes the chemical plant Chemika SKW Piesteritz, has historically been one of Agrofert’s most profitable branches. However, in the past, high gas prices have caused the plant to suffer losses. Last year, Agrofert’s CEO Zbynk Pra predicted … Read more