The Azomures unit has announced the temporary suspension of ammonia production due to the price of natural gas, saying that they will produce fertilisers until the depletion of existing ammonia stock. The production was already suspended from the same reason in December 2021, being resumed in April this year. At that moment,the company said that ‘ supply with natural gas is difficult, with levels of price which lead to high prices for fertilisers, even with the help of the government’. The quoted source mentions that Azomures will produce fertilisers, until the depletion of the existing ammonia stock, but similar decisions were taken by other companies in Europe, the cause being the same, the unsustainable price from an economic point of view. ‘In Romania we continue the dialogue with the governmental authorities to apply the economic aid offered by the European Union, applied in many European countries. For example, Bulgaria offers the industry a capped price, of 72 euro MWh. Until now, Romania has not used the aid scheme for the energy intensive industries, although the European legal framework is available’Harri Kiiski, the general manager of Azomures said. The Azomures unit said that they do not take into account technical unemployment. Azomures is the most important producer of fertilisers for agriculture in Romania. Azomures supplies raw materials (urea and melamin) for several industrial objectives in Romania. The annual production (in normal functioning conditions) is 1.6 million tons of fertilisers, approximately 75% of the production being destined to Romanian farms. Azomures is part of the Swiss group Ameropa, one of the biggest traders of fertilisers and grains at global level.
The Nexus Gaming team, which represented Romania at the IESF World Esports Championship, defeated Portugal’s team in the final to become world Counter Strike 2 champions. The Romanian team is composed of experienced players Ciocardau, Xellow, BTN, Ragga, and Adron. During the IESF WEC24 championship, they defeated some of the strongest teams, many of which […]
Well-known American actor John Malkovich, who was on stage last week at the National Theatre in Timișoara, visited the city’s first official souvenir shop on Friday, November 15. The visit was announced by Timișoara mayor Dominic Fritz. "Even Hollywood has come to the new souvenir shop. We’re delighted that John Malkovich found high-quality mementos from […]
The CONFIDEX H2 2024 study shows a relatively stable year without major events that could significantly impact Romania’s economy, but leaves room for growing concern regarding the future. According to the study, supported by private equity funds ROCA, AGISTA, and CITR, the leader in Romania’s insolvency and restructuring market, only 29% of managers report optimism […]
Romanian president Klaus Iohannis was on a visit to Berlin from November 15 to 18 to signal the strong ties between Romania and Germany with a speech in the German Bundestag. He also met German chancellor Olaf Scholz and president Frank-Walter Steinmeier. During his speech, the Romanian president said that the friendship between the two […]
In a rapidly digitalizing world, companies face numerous challenges in managing documents and data efficiently. Andrei Negulescu, Strategic Digitalisation Manager at Matricia Solutions, shares unique insights into how his firm helps businesses navigate the complex journey of digital transformation. In today’s world, every business talks about digital transformation, but few know how to make it […]
The Bucharest National Airports Company, which operates the two main airports of the capital, wants to purchase 450 benches for passengers in the boarding gate area of the Henri Coandă International Airport, better known as the Otopeni Airport. According to the announcement, CNAB will purchase 250 three-seat benches and 200 four-seat benches. The contract is […]
