Back to News

Borealis further expands its Base Chemicals business into Bulgaria

LINZER AGRO TRADE, Europe’s leading fertilizer wholesaler, is extending its network with the opening of a new subsidiary in the Bulgarian capital, Sofia. The new sales office is part of the company’s expansion programme into Southeast Europe. It will sell not only fertilizers that the company produces itself, but also fertilizers of CEE countries and Russian producers.

Linzer Agro Trade is a 100% subsidiary of Borealis Agrolinz Melamine GmbH and a member of the Borealis Group. Borealis Agrolinz Melamine produces melamine and technical nitrogen products as well as fertilizers, its operations focus strongly on the Danube region.

“With the foundation of Linzer Agro Trade Bulgaria, we have reached another milestone in our plans to further expand into Southeast Europe,” says Markku Korvenranta, Borealis Executive Vice President, Base Chemicals. “We see high growth potentials for the fertilizer business in both Bulgaria and Romania. In Bulgaria alone, the market has a current requirement for around 600,000 tonnes of fertilizer per year. We estimate this to still increase since large areas of land currently lie fallow.”

Borealis’ investment of EUR 4.5 million in a new import hub in neighbouring Romania, in Giurgiu, is proceeding according to plan with the erection of a bulk warehouse of 7,000 tonnes with necessary packaging and palletizing facilities. This site will serve both the Bulgarian and Romanian markets. A distribution point in Timisoara, Romania is also planned for this year.

Linzer Agro Trade sees itself not only as a provider of fertilizer products but also as a partner for the farming sector. “We are not only providing our customers with our fertilizers,” explains Gerald Papst, Head of Borealis’ Business Unit Fertilizer. “We support our customers with additional services including advice regarding the use of fertilizer, performing field tests and providing storage facilities. Because of these services, we are not just a mere provider of fertilizer products, but a real partner in the farming sector.”

END

For further information please contact:

Kerstin Meckler, Director Communications
Tel. +43 1 22 400 389
kerstin.meckler@borealisgroup.com 

Downloads
Borealis further expands its Base Chemicals business into Bulgaria English, Bulgarian, German, Hungarian, Romanian
Media Contact
Group Media desk
Virginia Wieser, Lena Lehner
+43 1 22 400 899 (Vienna, Austria)
media@borealisgroup.com

Latest News

Media Release – 09/04/2024

Borealis invests EUR 4.5 million in Porvoo steam cracker, enabling increased share of circular raw materials used in production

Read more

Media Release – 02/04/2024

Borealis further expands its advanced mechanical recycling capacity with closing the acquisition of Integra Plastics AD

Read more

Media Release – 28/03/2024

FDA clears Borealis’ Borcycle™ M recycled plastics for use in food-grade packaging

Read more

News – 27/03/2024

Update on the Kallo Case

Read more

Media Release – 26/03/2024

Borealis and AKVA group launch groundbreaking Polarcirkel™ workboat hull crafted from renewable feedstock-based plastic

Read more

News – 22/03/2024

Annual Report 2023 published

Read more

Media Release – 20/03/2024

Project STOP marks further major milestones in 2023 and makes significant progress in the Project STOP Banyuwangi Hijau expansion program

Read more

Media Release – 19/03/2024

Borealis once again ranked first among top applicants in the European Patent Index 2023 in Austria

Read more

Media Release – 15/03/2024

CEO Thomas Gangl to leave Borealis

Read more