Russian, Indian students creating friendship satelliteScience & Space August 16, 21:46
Zenit St. Petersburg loses 0:1 against FC Utrecht in first leg of Europa League play-offSport August 16, 21:34
Saakashvili plans to return to Ukraine on September 10World August 16, 21:23
Russian diplomat concerned over US and North Korean aggressive statementsRussian Politics & Diplomacy August 16, 20:32
Diplomat says US-made chemical weapons found in Syria prove West’s support for terroristsRussian Politics & Diplomacy August 16, 20:14
Russia’s St. Petersburg to host World Travel Awards in SeptemberSociety & Culture August 16, 19:37
Combat aircraft to make up over 50% in Russian state arms seller’s exportsMilitary & Defense August 16, 19:22
Poroshenko orders probe into reports about supplies of missile technologies to North KoreaWorld August 16, 19:08
Over 700 policemen to provide security at UEFA Europa League’s match in Russia's KrasnodarSport August 16, 19:02
MOSCOW, June 11. /ITAR-TASS/. Russia’s fertilizer producer Acron has raised its stake in Poland’s Grupa Azoty, formerly known as Azoty Tarnow, to 20.00% from 15.34%, Acron said in a statement Wednesday.
No further details of the deal were provided.
In 2012, Acron bought 12.03% in Grupa Azoty for about 3.3 billion rubles, and later raised it to 13.78%. In 2013, Acron boosted the stake to 14.57%, and later to 15.34%. In 2013, Acron also said that it had planned to increase the stake to over 20% by buying shares on the market, but remained disappointed with their price at the time.
Grupa Azoty produces nitrogen and combined fertilizers, and engineering plastics. Poland owns 33% in the company.
Acron Group comprises its main unit Acron located in the Novgorod Region, the Dorogobuzh plant in the Smolensk Region, and the Chinese chemical company Hungi-Acron.