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
Hungary stands firm on Russian energy: FM Szijjártó defends sovereignty amid EU criticism
Wizz Air flight delayed for 18 hours: Passengers stuck in Brussels airport
Official: Minimum wage in Hungary to rise in 2025
Hop on a festive train to Vienna and Zagreb’s Christmas markets with MÁV!
Hungary launches EUR 500,000 humanitarian aid for persecuted Christians through Hungary Helps programme
PHOTOS: Magical life-sized LEGO tram revealed in Budapest – Here’s where you can see it
