This is the worst financial result in the recent history of Azomures, which is about to transfer its production assets to natural gas producer and supplier Romgaz.
Azomures’ total costs reached RON2.46 billion in 2025, exceeding by over RON1 billion its total revenues of RON1.20 billion. Its turnover dropped by almost 27% to RON1.15 billion in 2025 from RON1.57 billion in 2024. The result is gross loss of RON1.26 billion.
On May 30, 2026, Romgaz announced that it had signed the agreement to purchase all assets contributing to Azomures’ production activity for EUR46.459 million, self-funded. The contract, No. 51838/May 29, 2026, was signed after Romgaz’s Board of Directors greenlighted the move. The scope of the agreement under consideration is the transfer to Romgaz of the production activity of agricultural fertilizers and related industrial products, performed by Azomures, as “an operational economic assembly, technically independently, and allowing production activities to resume and continue.”
Azomures, established in 1962, is the largest fertilizer manufacturer in Romania, with an annual capacity of 1.6 million tons, covering almost 40% of fertilizer needs in the Romanian agricultural sector.