US EditionFertilizer Giant's Eleventh Quarter in the Red. High Gas Prices and Imports From Russia Were the Deciding Factors
Summary by Business Insider (Poland)
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1 Articles
In the first quarter, Grupa Azoty generated revenues of PLN 3.8 billion, but a negative operating result — according to the company's initial estimates. This means that losses have not ended and the company is still in crisis. The main problems for it are high gas prices and competition from fertilizer imports from Russia and Belarus.
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