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.”
Transaction price is composed of: EUR46.459 million, to which the amount of up to RON49.80 million shall be added, representing the book value of consumables and raw materials, and the amount of up to RON68.78 million, representing the equivalent of costs required to maintain the activity during agreement signing and transaction completion date.
The assets under consideration include tangible and intangible assets, rights, authorizations, relevant commercial contracts, employees and inventory related to the plant production activity, under the conditions provided in the Agreement.
The completion of the transaction, including the actual transfer of assets, contracts, and employees under consideration, is to be made subsequently, subject to Romgaz Ordinary General Meeting of Shareholders’ approval and fulfilment of the other conditions precedent provided in the Agreement, i.e. securing the unconditional decision of the Competition Council, and the unconditional approval of the Foreign Direct Investment Screening Commission (CEISD).
(English version by Loredana Fratila-Cristescu)