Nitrokémia production restarts?
Production may restart early this week in the currently under liquidation, Balatonfűzfő-based chemical company Nitrokémia 2000 Rt, said Jenő Varga, CEO of Vectigalis Rt, which is currently directing its liquidation. Nitrokémia plans on producing pesticides, the agreement to ship such products worth Ft 2 billion - Ft 2.5 billion to Israeli chemical firm Makthesim has been reached, the contract is soon to be signed. Nitrokémia plans to break even with a Ft 8 billion turnover in 2005. The workforce may need to be cut, but the number of people to be laid off has not yet been confirmed. (Vg 7) E.C.


