At the EvroChem MKHK special meeting Sep. 3 the holders approved the increase in the share capital through the allocation of an additional stock issue, the company informed.
The Company is going to place 100 A-preferred stocks of 100 rub. par each in favor of NAK Azot. The amendments to the articles were affirmed.
EvroChem MKHK (TIN 7721230290) is the largest producer of mineral fertilizers. It is included into the 3-list of European leaders. The Company involves production and extraction entities, logistic companies and sale network.
The 2013 net profit (RAS) moved up 45.3% to 29.931bn rub. prior year; revenues being up to 1.587bn rub. from 1.456bn rub.; revenues from participation in other entities - to 33.08bn rub. from 20.036bn rub.
The IH 2014 net profit (IAS) was pushed 60% upward to 10.6bn rub. from 6.7bn rub. prior year; aggregated revenues added 5% to come to 96.4bn rub.; EBITDA - 1% to 25.4bn rub. The uptrend is explained by the favorable USD/ruble rate