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Russian Billionaire Melnichenko’s EuroChem Said to Weigh IPO

  • Management of EuroChem Group met with bankers, no decision yet
  • Russia is having its biggest year for IPOs in a decade
Andrey Melnichenko
Andrey MelnichenkoPhotographer: Andrey Rudakov/Bloomberg
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EuroChem Group AG, the Russian fertilizer maker controlled by billionaire Andrey Melnichenko, is considering an initial public offering, according to people familiar with the matter. 

The company, which is one of the world’s largest fertilizer producers, has held preliminary discussions with potential advisers about listing as soon as next year, according to three people, who asked not to be identified because the information is private. EuroChem hasn’t made a final decision about whether to proceed with a share sale, the people said.