KuibyshevAzot created a mysterious subsidiary

The KuibyshevAzot plant (Samara region, Togliatti) has established a subsidiary company Nitrocom, which will specialize in the production of nitrogen fertilizers.
The authorized capital of Nitrocom is a million rubles (about $13.5 thousand). Its sole owner is KuibyshevAzot.
The press-service of KuibyshevAzot reports that the Nitrocom company wasn’t established to separate part of the production into an independent structure. However, the reasons for the creation of the enterprise are not disclosed. Earlier, KuibyshevAzot created subsidiaries for the implementation of individual projects.
Source: Interfax

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Stefan Petko
May 6, 06:48 pm
It is alarming to see these developments in California. As a vineyard grower, I have faced significant challenges this year, with fertilizer costs rising sharply while market conditions have made it difficult to sell the harvest.
California peach growers forced to remove 420,000 trees after bankruptcy of Del Monte Foods canneries
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