The previous permit included the obligation of investment worth just EUR6.55 million.

Thus, the revised investment amount is necessary for the company to align to EU ecology norms, a process for which it has a transition period ending on December 31, 2015.

The Azomures plant in Targu Mures, with its 2,600 employees, is Romania’s main producer of chemical fertilizer.

Azomures shares were trading late-Thursday at RON1.96, down 0.15% on the day.

The company is owned by Swiss grain trader Ameropa Holding AG. (EUR1=RON4.373)