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PhosAgro

JSC PhosAgro
Native name
ОАО «ФосАгро»
Public ()
Traded as MCXPHOR
Industry Chemical
Founded 2003
Headquarters Moscow, Russia
Key people
Sven Ombudstvedt,(Chairman)
Andrey A. Guryev, (CEO)
Products Fertilizer
Revenue $1.51 billion (2016)
$919 million (2016)
Profit $893 million (2016)
Total assets $3.42 billion (2016)
Total equity $1.32 billion (2016)
Number of employees
5,001
Website www.phosagro.com

PhosAgro is a Russian chemical holding company producing fertilizer, phosphates and feed phosphates. The company is based in Moscow, Russia, and its subsidiaries include Apatit, a company based in the Murmansk Region and engaged in the extraction of apatite rock.

First owner of group's assets was Menatep of famous Russian billionaire Mikhail Khodorkovsky. The firesale of assets to current owners happened after court litigation against Yukos. The owners also disputed the court decisions for fines on tax avoidance. This was the first case in history of Russian court system, when the state paid compensation to the accused company. In 2011, Andrey Guryev owned 71% of PhosAgro.

PhosAgro is 10% owned by Vladimir Litvinenko, who oversaw Vladimir Putin's doctoral thesis in 1996.


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