Why JOINT-STOCK COMPANY "MINERAL AND CHEMICAL COMPANY "YEVROKHIM" buys nitric business Borealis

The investment into 455 million euros into EU looks risky against a political situation JOINT-STOCK COMPANY "MINERAL AND CHEMICAL COMPANY "YEVROKHIM" Andrey Melnichenko on February 3 reported about the beginning of negotiations on purchase businesses nitric fertilizers at the European group Borealis belonging to the Austrian oil and gas OMV Gas & Power GmbH. Following the results of the transaction under control JOINT-STOCK COMPANY "MINERAL AND CHEMICAL COMPANY "YEVROKHIM" will pass five manufacturing enterprises in Europe, and also all network of sale of production, follows from the message of the Russian companies. The amount of transaction is estimated at 455 million euros, closing is planned in the second half of 2022 after receiving approvals of the European regulators. In September...