Azomures could send part of its employees home

The chemical fertilisers producer in Targu-Mures, Azomures, could send a number of employees home, until negotiations regarding the price of delivery for methane gas are completed and activity is resumed at full capacity. There is currently one single ammonia installation functioning in the plant, which accounts for about half of the production capacity of Azomures, according to a notification sent by the company to the Stock Exchange. The other installations were shut down at the beginning of January, when extremely low temperatures triggered a gas crisis in the national network and have not turned on again ever since. Company results for the first quarter suffered due to the fact that production was discontinued, with Azomures making losses worth millions of dollars since the beginning of February. ZF