EuroChem
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| Public limited company | |
| Industry | Fertilizers |
| Headquarters | Zug, Switzerland |
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Area served
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Worldwide |
| Products | Fertilizers |
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Number of employees
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22,310 (2013) |
| Website | www |
EuroChem (ЕвроХим in Russian) is a nitrogen and phosphate fertilizer company headquartered in Zug, Switzerland. It has mining activities in Kovdor, Murmansk Oblast, Russia, and in Kazakhstan, as well as oil and gas operations in Novy Urengoy, Yamalo-Nenets Autonomous Okrug, Russia. The company's production facilities are located in Russia, Belgium and Lithuania.
According to the company, it is the largest producer of mineral fertilizers and ranks among the top three European and top ten global producers by both nutrient capacity and profitability. In 2013 EuroChem had revenues of US$ 5.6bn, of which nitrogen US$3.2bn and phosphate US$1.8bn.
EuroChem produces primarily nitrogen and phosphate fertilizers, as well as certain organic synthesis products and iron ore. It moved its headquarters to Zug, Switzerland, in 2014 and operates production facilities in Russia and Western Europe and employs more than 20,000 employees globally.
Nitrogen (natural gas, ammonia, nitrogen fertilizers, and organic synthesis products):
Phosphates (apatite, iron ore, phosphate fertilizers, and feed phosphates):
Potash, EuroChem is currently developing 2 greenfield projects in Russia:
OTHER:
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EuroChem is 90% owned by Andrey Melnichenko, who ranks 139th in the Forbes world billionaires list 11th wealthiest in Russia) with his personal wealth of US$ 10.3bn as of July 2016. with the remaining 10% owned by EuroChem Group AG CEO, Dmitri Strezhnev. Melnichenko also has a large stake in Russian coal producer SUEK.
On 24 April 2013 EuroChem finalised the acquisition of a 47.67% interest in the share capital of OJSC "Murmansk Commercial Seaport" represented by 53,943 voting shares for 
3,113,859,000. The Group made a prepayment of 2,522,755,000 for the acquisition of a 38.62% interest representing 43,703 voting shares in December 2012 and in April 2013 additionally acquired a 9.05%, interest representing 10,240 voting shares, for 591,104,000. Russian Financial Control Monitor on 26 April 2013 quoted EuroChem’s CEO who commented on the transaction and said that "the price is comparable to recent privatisation deals of similar assets and the purchase was made in the open market".
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Wikipedia