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Organization: Nitrogenmuvek
LEI 5493001ZER6R9IYAUY93

Organization name
Nitrogenmuvek Zrt
Country name
Hungary
Country of registration
Hungary
Industry
Fertilizers
Bond debt
213 mln USD

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Profile

As a member of the Bige Holding Group, Nitrogenmuvek Zrt. is the only fertilizer producer company in Hungary having complete chain of nitrogen fertilizer production, meaning that the most important substrates for the fertilizer production, ammonia and nitric acid, are also manufactured by the company. The portfolio of Nitrogenmuvek is highlighted by the production and sales of fertilizers, particularly of those containing nitrogen-based agents. The main products of the company has kept on to be the CAN, ammonium nitrate, urea and UAN. From 2003 the company started to market its fertilizer product under the brand name of Genezis.

Awards

News

06/12/2023 Fitch Ratings downgrades LT Int. Scale (foreign curr.) credit rating of Nitrogenmuvek to "CCC+"
05/12/2023 Fitch Downgrades Nitrogenmuvek to 'CCC+'; Places on Rating Watch Negative (Rating action commentary)
04/12/2023 S&P Global Ratings downgrades Local Currency LT credit rating of Nitrogenmuvek to "CCC+"
04/12/2023 S&P Global Ratings downgrades Foreign Currency LT credit rating of Nitrogenmuvek to "CCC+"
18/08/2023 S&P Global Ratings affirms Nitrogenmuvek at "B" (Foreign Currency LT credit rating); outlook negative
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Bond classification

  • Organization does not disclose IFRS/US GAAP financial statements

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Codes

  • LEI
    5493001ZER6R9IYAUY93
  • SIC
    2873 Nitrogenous fertilizers
  • ICB
    1,300 Chemicals

Credit and ESG Ratings

Macroeconomic Indicators - Nitrogenmuvek

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