Companies part of Interagro group went insolvent in 2016 and are currently under judicial reorganization. The group’s chemical fertilizers production facilities are currently nonoperational.
Interagro owns six fertilizer factories and over 40,000 hectares of farmland.
Niculae said the group plans to reopen factories Chemgas Slobozia and Donau Chem Turnu Magurele in the next few days, Ga Pro Co Chemicals Piatra Neamt in two months, Viromet Victoria in March, Amurco Bacau in July 2020 and Nitroporos Fagaras in the first quarter of 2021.
Nitron, with revenues of over $2 billion and operations on five continents, is Interagro’s main collaborator for exports.