JOINT-STOCK COMPANY "MINERAL AND CHEMICAL COMPANY "YEVROKHIM" will preserve the Lithuanian plant of fertilizers of Lifosa A. B because of sanctions

EuroChem Group AG since October, 2023 plans to preserve the enterprise for production of phosphoric fertilizers of Lifosa A. B in Lithuania because of influence of sanctions, company reported. The chief executive officer of EuroChem Group AG Samir Yakub Brikho reported that to this decision promoted also mass failures in a chain of deliveries and shortage of raw materials which the enterprise faced for a year. According to Brikho, company continues "to face consequences of sanctions which seriously influenced activity in Europe" in spite of the fact that EU declared that JOINT-STOCK COMPANY "MINERAL AND CHEMICAL COMPANY "YEVROKHIM" is not under...