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Romgaz buys ferts producer Azmoures: Correction

  • Mercados: Fertilizers
  • 01/06/26

Corrects total value of deal and value of plant in paragraph 3.

Romanian state-controlled gas supplier Romgaz completed the purchase of domestic fertilizer producer Azmoures for €69mn on 29 May.

Members of the interim government confirmed the deal in separate social media posts, although interim prime minister Ilie Bolojan clarified that approval was still required from Romgaz shareholders, the competition authority and the foreign investment commission.

The price paid totals €69mn — €46mn for the value of the plant, €10mn for the raw material and remaining stocks, and €13mn to keep the plant running for two months, Bolojan said.

"In a volatile geopolitical context, this is the right direction: Romanian gas used domestically, a national industry that produces competitive fertilizers, cheaper inputs for our farmers and strengthening Romania's economic position," minister Bogdan Ivan said.

Romgaz on 7 May said it had reached an "agreement in principle" and expected the acquisition to be approved by board of directors for a final agreement by 31 May.

Azomures, which is owned by Switzerland-based trading firm Ameropa, can produce up to 1.6mn t/yr of NPK and nitrogen fertilizers. It is one of Romania's biggest gas consumers, with demand of about 1bn m³/yr when operating at full capacity.

But it has not produced fertilizer since August 2024, barring small-scale production in the second half of last year.

Romgaz first expressed interest in Azomures in February 2025, but the sales process stalled in January, with Azomures mothballing production facilities. The government then intervened to revive the prolonged talks.


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