Shareholders in fertilizers producer Amonil - Slobozia on Tuesday authorized the company's participation in the increase in the share capital of Amochim by 1.15 million USD equivalent in real estate assents owned by Amonil. Amochim is a producer of fertilizer-based chemicals.

Amonil shareholders also decided to set up an electrical and thermal power co-generation plant in order to reduce dependency on energy suppliers. Among others, Amonil produces nitrate-based fertilizers and exports most of the output. Its main shareholders are Romferchim and Eurotrading Chemicals with 28 percent each.

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