2024-06-04 18:44:43
“Within the close to future, we’ll merely begin operations. The staff are being referred to as again from downtime little by little and we’re beginning to perform preparations,” V. Varnas confirmed on Monday, June 3.
“Repairs and preparations are underway so we are able to proceed operations,” he added.
The chairman of the union couldn’t reply when the actions will likely be resumed.
“As for the plans, which day precisely, solely the administration might reply,” he mentioned.
Nonetheless, Lifosa’s administration mentioned it had supplied all the data it might in a late Might announcement that it was starting to regularly put together to renew manufacturing. The corporate then knowledgeable that the continuity of operations will depend upon varied financial and authorized circumstances.
“For the time being, the corporate has no extra information than what it introduced in its final announcement,” representatives of the communications company “Fabula” informed “Eltai”. Lifosa introduced on Might 27 that it’s making ready for the resumption of operations.
We remind you that in 2023 In July, EuroChem, the Russian capital group that manages Lifos, introduced that the corporate may very well be quickly preserved from October. This was determined after greater than a 12 months of provide chain disruptions and ammonia shortages, after the Authorities imposed sanctions on Lifosa and appointed a short lived administrator.
Nonetheless, in November Eurochem mentioned it’s in talks to renew manufacturing. On the time, Samir Brikho, chairman of the board of administrators of Eurochem Group AG, mentioned the corporate was not topic to sanctions, and the European Union reaffirmed in Might that the fertilizer business shouldn’t be topic to sanctions. The USA, the EU and the UK additionally assist this.
one hundred pc “Lifosa” shares belong to the corporate “EuroChem Group”, registered in Switzerland, which has 90%. the shares are owned by the Cypriot firm AIM Capital – it belonged to the oligarch Andrey Melnichenko earlier than the conflict in Ukraine, and presently its beneficiary is the businessman’s spouse Aleksandra. They’re each included within the listing of individuals sanctioned by the European Union.
In accordance with “Sodra” information, on June 1 the manufacturing facility employed 880 folks.
2024-06-04 18:44:43