Nitrogénművek, Hungary’s sole producer of artificial fertiliser, on Wednesday said it is suspending the energy-intensive production of ammonia due to high energy prices.
The company said gas prices had more than doubled and the security of European energy supply was at risk in light of the war in Ukraine.
Meanwhile, the company added that
government controls on grain exports may impact the agricultural market “in unforeseeable ways” and “further increase risks”.
“Nitrogénművek is monitoring the situation and will do everything it can to restart production and reduce the region’s import dependency on artificial fertiliser,” it added.
Read alsoOne of Balaton’s beautiful restaurants transforms into a wine-tasting place – PHOTOS
Source: MTI
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Top Hungary news: American woman with Irish murderer on VIDEO, Prince Buda and Princess Pest – 24 November, 2024
Opposition leader Magyar banned from Hungarian children’s homes, welcomed by crowds in “Fidesz’s capital”
One of the world’s most beautiful libraries is in Budapest, and it’s turning 120 – PHOTOS
Have you ever heard the story or seen the statue of Prince Buda and Princess Pest? – PHOTOS
Hungary proud on scientists, increased R+D sector funding significantly
American teacher faces expulsion from Hungary after a 10-year career in Budapest
