Fertilizer making will become a secondary activity for the company.
Shareholders also concluded an agreement whereby Chemgas Holding Corporation allows Amonil to use a plot for a cogeneration unit.
Amonil is 50.46% owned by two Belize-registered firms (Zalois and Jovline). However, the plant is considered a part of the Interagro group, owned by businessman Ioan Niculae.
Amonil has a share capital of 111.2 million lei (EUR26.34 million), divided into 1.1123 billion shares with a face value of RON0.1. Company shares were last traded Friday, at RON0.158, up 1.28% on the day. (EUR1=RON4.2219)