Grupo Nitro announced the plans of future investments
Brazilian Grupo Nitro has announced its plans for capital investments. They intend to expand the production of special fertilizers.
Previously, Grupo Nitro invested over 100 million reais (approximately $17.5 million) in business development. The carried-out activities included the opening of a new office in Sao Paulo to house part of the Grupo Nitro management team who is working closely with employees of sales branches in Brazil, Uruguay, the USA and Austria.
“Our goal is to be the benchmark for service quality and trust in the chemical industry, to consistently develop business and introduce innovations in the field of biosecurity and special fertilizers. The expansion of our capacity and our proximity to the market is an important part of this strategy,” said Grupo Nitro CEO Marcos Cruz.