OJSC “Mineral and Chemical Company “EuroChem” (“EuroChem”) today announced that it has completed the acquisition of 100% of the share capital of LLC "Severneft-Urengoy", a gas exploration and production company operating in Russia’s Yamalo-Nenets Autonomous Region.
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EuroChem today provides the following development update for its Gremyachinskoe and Verkhnekamskoe potash projects.
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EuroChem was rewarded for its high level of information disclosure at this year’s annual report and website competition organized by Securities Market (Rynok Tsennykh Bumag - RCB) and the Investor.ru social network with support from the Russian Federal Financial Markets Service.
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EuroChem today reported a consolidated IFRS net profit for the first nine months of 2011 of RUB 24.3bn, more than double the RUB 11.7bn reported for the first nine months of 2010.
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EuroChem today announced that the Standard & Poor’s credit rating agency confirmed EuroChem’s BB/Stable long-term credit rating.
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Sberbank of Russia and EuroChem signed a long-term RUB20 billion loan agreement.
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Moscow, October 7, 2011 EuroChem is pleased to announce that its 2010 Annual Report has been shortlisted for the Investor Relations Society's Best Practice Awards in the “Best Annual Report by an Unlisted Entity” category, alongside reports by the BBC, QBE International Holdings and The Crown Estate.
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On September 29, Russian Deputy Prime Minister Igor Sechin toured EuroChem’s Nevinnomysskiy Azot plant.
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Moscow, September 27, 2011 – OJSC “Mineral and Chemical Company “EuroChem” (“EuroChem”) today announced its intent to acquire 100% of BASF’s fertilizer assets located in Antwerp, Belgium.
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EuroChem today announced that Fitch Ratings has reaffirmed the company’s Long-term local and foreign currency Issuer Default ratings (IDRs) at ‘BB’; its National Long-term rating at ‘AA-(rus)’; and its Short-term foreign currency IDR at ‘B’.
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