View on the market and economic situation of Nitrogénművek by Zoltán Bige (CSO)

Since November 15, we have been engaged in active dialogue with credit rating agencies, during which we presented and analysed in detail our current and future performance. I was not surprised by the negative decisions of the agencies, in spite of our different assessment. It is challenging to offset the risks associated with the newly introduced, extraordinary tax payment in a highly cyclical industry, even if our performance is at the forefront of European producers. The rating agencies had to react on this.

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Nitrogénművek Q3/22 Trading Update

This trading update provides provisional basic information on the economic environment as well as Nitrogénművek’s key performance indicators for the quarter ended September 30, 2022. The information contained in this trading update may be subject to change and may differ from the final numbers of the quarterly report.

Key performance indicators

Nitrogénművek Q2/22 Trading Update

This trading update provides provisional basic information on the economic environment as well as Nitrogénművek’s key performance indicators for the quarter ended June 30, 2022. The information contained in this trading update may be subject to change and may differ from the final numbers of the quarterly report.

Key performance indicators

Nitrogénművek Q1/22 Trading Update

This trading update provides provisional basic information on the economic environment as well as Nitrogénművek’s key performance indicators for the quarter ended March 31, 2022. The information contained in this trading update may be subject to change and may differ from the final numbers of the quarterly report.

Key performance indicators

Nitrogénművek temporary halts its ammonia production

Pétfürdő, 9 March 2022 - The war in Ukraine created an extraordinary situation in the European and Hungarian economies. Natural gas prices have more than doubled and the risk of energy supply security has also increased. Government decisions that unpredictably affect market fundamentals of agriculture (eg. grain export restrictions) further increase our market risks, what forced us to halt temporary our ammonia production.

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Nitrogénművek Q4/21 Trading Update

This trading update provides provisional basic information on the economic environment as well as Nitrogénművek’s key performance indicators for the quarter ended December 31, 2021. The information contained in this trading update may be subject to change and may differ from the final numbers of the quarterly report.

Key performance indicators

Nitrogénművek Q3/21 Trading Update

This trading update provides provisional basic information on the economic environment as well as Nitrogénművek’s key performance indicators for the quarter ended Sept 30, 2021. The information contained in this trading update may be subject to change and may differ from the final numbers of the quarterly report.

Key performance indicators

Nitrogénművek Zrt. is producing steadily and preparing for the season ahead

Record-high gas prices are negatively impacting the profitability of ammonia production across Europe, leading to a number of fertiliser factories announcing plant closures. After a short maintenance break, Nitrogénművek Zrt. has commenced production, thus ensuring the security of supply for the Hungarian agriculture sector in the upcoming fertilisation season.

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Nitrogénművek Q2/21 Trading Update

This trading update provides provisional basic information on the economic environment as well as Nitrogénművek’s key performance indicators for the quarter ended June 30, 2021. The information contained in this trading update may be subject to change and may differ from the final numbers of the quarterly report.

Key performance indicators

Annual report for 2020

Dear Partners!

The 2020 annual report of Nitrogénművek Zrt. is now available for viewing and downloading.

You can reach this document from click on the image.

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Announcement about successful restart of our plants

We  would like to inform our honored Partners, that after a 40 day  maintenance period we have restarted our production activity again.
During this shutdown period we fulfilled various maintenance, cleaning and development activities, which will guarantee the reliable and economic operation for the coming years.
We hope this will strengthen our cooperation where we are aiming to become your supplier of choice.

Nitrogénművek Q1/21 Trading Update

This trading update provides provisional basic information on the economic environment as well as Nitrogénművek’s key performance indicators for the quarter ended March 31, 2021. The information contained in this trading update may be subject to change and may differ from the final numbers of the quarterly report.

Key performance indicators