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Last $30.03 USD
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As of 11:45 AM 10/9/14 All times are local (Market data is delayed by at least 15 minutes).

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phosagro oao - cls (PHOR) Details

OJSC PhosAgro, together with its subsidiaries, engages in the production and distribution of apatite concentrate and mineral fertilizers in the Russian Federation and internationally. It operates in two segments, Phosphate-Based Products and Nitrogen-Based Products. The Phosphate-Based Products segment produces ammophos, diammoniumphosphate, sodium tripoly phosphate, and other phosphate based and complex fertilizers; and apatite concentrate extracted from the apatite-nepheline ore. The Nitrogen-Based Products segment is involved in the production and distribution of ammonia, ammonium nitrate, and urea. The company also offers feed phosphates; and by-products, such as ammonia solution, ammonia, nitric acid, sodiumsilicofluoride, sulphuric acid, oleum, powdered sodium tripolyphosphate, and potassium sulphate. OJSC PhosAgro is based in Moscow, the Russian Federation.

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phosagro oao - cls (PHOR) Key Developments

Former Employee Files Legal Claim Against PhosAgro

PhosAgro announced that former employee Alexander Gorbachev has filed legal proceedings against the company, two board of directors and a number of the company's shareholders in Cyprus. Gorbachev has claimed to the district court of Limassol that he has been unlawfully deprived of his right to ownership of shares in PhosAgro. In addition to the phosphate producer, the claims accuses Andrey Guryev and Igor Antoshin, who serve on the PhosAgro board, and a number of shareholders as individuals and entities.

OJSC PhosAgro expected to report Q1 2015 results on May 25, 2015. This event was calculated by Capital IQ (Created on May 19, 2015).

OJSC PhosAgro expected to report Q1 2015 results on May 25, 2015. This event was calculated by Capital IQ (Created on May 19, 2015).

OJSC PhosAgro Announces Production and Sales Results for the First Quarter of 2015

OJSC PhosAgro announced production and sales results for the first quarter of 2015. Total fertilizer production increased year-on-year in the first quarter of 2015 by 8.3%. Production of phosphate-based fertilizers and feed phosphates for the first quarter of 2015 increased by 9.2%, while production of nitrogen-based fertilizers increased by 5.1% year-on-year. For the quarter, the company reported total fertilizers production of 1,736.7 kmt against 1,604.1 kmt a year ago. For the quarter, sales increased year-on-year in the first quarter of 2015 by 2.8%. For the quarter, the company reported total fertilizers sales of 1,697.9 kmt against 1,650.9 kmt a year ago.


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