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05/30/13 - $13.01
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phosagro oao-gdr 144 (10NC) Details

OJSC PhosAgro, together with its subsidiaries, is engaged in the production and distribution of apatite concentrate and mineral fertilizers in the Russian Federation and internationally. It operates in two segments, Phosphate-Based Products and Nitrogen-Based Products. The Phosphate-Based Products segment produces ammophos, diammoniumphosphate, sodium tripoly phosphate, and other phosphate based and complex fertilizers; and apatite concentrate extracted from the apatite-nepheline ore. The Nitrogen-Based Products segment is involved in the production and distribution of ammonia, ammonium nitrate, and urea. The company also offers feed phosphates; and by-products, such as ammonia solution, ammonia, nitric acid, sodiumsilicofluoride, sulphuric acid, oleum, powdered sodium tripolyphosphate, potassium sulphate, and potassium carbonate. OJSC PhosAgro is based in Moscow, the Russian Federation.

phosagro oao-gdr 144 (10NC) Top Compensated Officers

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phosagro oao-gdr 144 (10NC) Key Developments

PhosAgro Reports Production Results for the First Quarter Ended March 31, 2014

PhosAgro reported production results for the first quarter ended March 31, 2014. The group boosted fertilizer production 5.2% year-on-year in first quarter of 2014 to 1.6 million tonnes and edged sales up 0.6% to 1.64 million tonnes. Output of phosphate-based fertilizers grew 4.3% to 1.229 million tonnes but sales fell 6.1% to 1.215 million tonnes. Production of diammonium phosphate (DAP) and monoammonium phosphate (MAP) climbed 7.7% to 570,500 tonnes from 529,800 tonnes in the year-ago period, while complex nitrogen phosphorus potassium (NPK) output was 15% higher at 498,900 tonnes. Production of nitrogen-based fertilizers up 8.2% at 374,800 tonnes from 346,300 tonnes in the first quarter of 2013.

OJSC PhosAgro to Report Fiscal Year 2013 Results on Apr 17, 2014

OJSC PhosAgro announced that they will report fiscal year 2013 results on Apr 17, 2014

PhosAgro to Cut Staff 23% in 2014

PhosAgro plans to cut staff 23% in 2014 as part of its cost optimization program. PhosAgro has said it plans to save some RUB 2.7 billion a year with staff optimization.


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