HIP-Azotara
{{Short description|Serbian fertilizer company}}
{{Infobox company
| name = HIP-Azotara
| logo = File:HIP-Azotara official logo.jpg
| logo_caption = Official logo
| image =
| image_caption =
| trading_name =
| native_name = ХИП-Азотара
| native_name_lang = sr
| romanized_name =
| former type =
| predecessor = Hemijska Industrija Pančevo (HIP)
| type = d.o.o.
| foundation = {{Start date and age|1975|07|08|df=yes}}
| founder =
| location_city = Pančevo
| location_country = Serbia
| key_people = Danilo Tomašević {{small|(Director)}}
| industry = Chemicals
| products = Mineral fertilizer, nitrogen compounds
| production =
| services =
| revenue = {{increase}} €59.10 million {{small|(2022)}}{{cite web |title=Bilans uspeha (2022) - HIP-Azotara|url=https://fin.apr.gov.rs/JavnaPretraga/Home/DownloadDocumentFile?barcode=7100180966875&xrnd=2E8CC07F0E48480F9AABB297886BFE613A3A4C3C|website=apr.gov.rs |access-date=13 May 2024|language=Serbian}}
| net_income = {{increase}} €10.02 million {{small|(2022)}}
| operating_income =
| assets = {{increase}} €168.31 million {{small|(2022)}}{{cite web |title=Bilans stanja (2022) - HIP-Azotara|url=https://fin.apr.gov.rs/JavnaPretraga/Home/DownloadDocumentFile?barcode=7100180966868&xrnd=44EE7646FBBF09385B6983A008FE7548F91A230D|website=apr.gov.rs |access-date=13 May 2024|language=Serbian}}
| equity = {{increase}} €124.42 million {{small|(2022)}}
| owner = Promist d.o.o. {{small|(100%)}}
| num_employees = 209 {{small|(2022)}}
| homepage = {{URL|https://azotara.com/}}
| footnotes =
| intl =
| bodystyle =
}}
HIP–Azotara ({{langx|sr|ХИП-Азотара}}), or simply Azotara, is a Serbian mineral fertilizer and nitrogen compounds company, with the headquarters in Pančevo, Serbia. It was founded in 1975.
History
In 1962, a Yugoslav industrial giant - "Hemijska Industrija Pančevo" (eng. Chemical Industry of Pančevo") was founded with headquarters in Pančevo. In 1975, it was split into two companies which are in close proximity - HIP-Azotara (for mineral fertilizers) and HIP-Petrohemija (for petrochemicals).{{cite news |title=PANČEVO: 55 godina od početka rada HIP Azotare |url=https://013info.rs/pancevo/ekonomija/pancevo-55-godina-od-pocetka-rada-hip-azotare/ |access-date=13 May 2024 |date=27 November 2017 |language=Serbian}} HIP-Petrohemija was built on the success of HIP-Azotara, and only by 1990, the companies were completely separated. HIP-Azotara never claimed its share in the ownership of HIP-Petrohemija, as both were in the state-ownership.{{cite news |title=Azotara Pančevo – majka Petrohemije |url=https://www.politika.rs/sr/clanak/232781/Azotara-Pancevo-majka-Petrohemije |access-date=13 May 2024 |work=politika.rs |date=10 September 2012 |language=Serbian}} In 1999, the company facilities were targeted and bombed during the NATO bombing of Yugoslavia; estimates are that around 250 tons of liquid ammonia had leaked into the ground and the waste water channel as a result.{{cite web |last1=Vučetić |first1=Marija |title=Posledice bombardovanja – Pančevo |url=https://ekostraza.com/posledice-bombardovanja-pancevo/ |website=ekostraza.com |access-date=15 May 2024 |language=Serbian}}
=2006–2009=
In April 2006, HIP-Azotara was privatized and sold to the Lithuanian-Serbian consortium (Arvi & Co, Sanitex, and Univerzal-holding) for 13.1 million euros.{{cite web |title=Потписан уговор о продаји ДП "ХИП Азотара" из Панчева |url=https://www.srbija.gov.rs/vest/48861/potpisan-ugovor-o-prodaji-dp-hip-azotara-iz-panceva.php |publisher=srbija.gov.rs |access-date=13 May 2024 |language=Serbian |date=12 April 2006}}{{cite news |title=Počela proizvodnja u Azotari nakon godinu dana pauze |url=https://www.danas.rs/vesti/ekonomija/pocela-proizvodnja-u-azotari-nakon-godinu-dana-pauze/ |access-date=13 May 2024 |work=danas.rs |date=3 August 2009 |language=Serbian}}
=2009–2021: Srbijagas takeover=
The 2006 privatization was cancelled in January 2009,{{cite news |title=Raskinut ugovor o prodaji "Azotare" |url=https://www.rts.rs/lat/vesti/ekonomija/37691/raskinut-ugovor-o-prodaji-azotare.html |access-date=13 May 2024 |work=rts.rs |date=9 January 2009 |language=Serbian}} and 55 million euros of debt was converted to the ownership shares, with the Serbian state-owned gas company Srbijagas set to become the majority stakeholder with 81.6% of shares. In April 2012, it was announced that 130 million euros of debt was written off.{{cite news |title=Azotari "obrisano" 130 mil.€ duga |url=https://www.b92.net/biz/vesti/srbija/azotari-obrisano-130-mil-duga-596838 |access-date=13 May 2024 |work=b92.net |date=3 April 2012 |language=Serbian}} In March 2013, Srbijagas formally took over the company.{{cite news |title=Srbijagas većinski vlasnik Azotare |url=https://www.rts.rs/lat/vesti/ekonomija/1293406/srbijagas-vecinski-vlasnik-azotare.html |access-date=13 May 2024 |work=rts.rs |date=27 March 2013 |language=Serbian}} From September 2018 until May 2021, the HIP-Azotara was in bankruptcy procedure.
=2021–present: Promist=
In May 2021, it was sold to the Novi Sad-based company Promist for 650 million dinars.{{cite news |title=Azotaru kupio Promist, najavljuje pokretanje proizvodnje |url=https://www.b92.net/biz/vesti/srbija/azotaru-kupio-promist-najavljuje-pokretanje-proizvodnje-1864212?nav_id=1864212 |access-date=13 May 2024 |work=b92.net |agency=Tanjug |date=26 May 2021 |language=Serbian}} In May 2022, it was announced that there are plans for the creation of facility for blue hydrogen production in the future in HIP-Azotara.{{cite news |title=Planovi za pančevački petrohemijski kompleks - Azotara će proizvoditi plavi vodonik, Petrohemija 264.000 tona polipropilena godišnje, Transnafta pregovara s Rumunima |url=https://www.ekapija.com/news/3717314/plans-for-pancevo-petrochemical-complex-azotara-will-produce-blue-hydrogen-petrohemija-264000 |access-date=15 May 2024 |work=ekapija.com |date=31 May 2024 |language=Serbian}}
See also
References
{{Reflist}}
External links
- {{official website|https://azotara.com/}}
{{authority control}}
Category:1975 establishments in Serbia
Category:Agriculture companies of Serbia
Category:Agriculture companies established in 1975
Category:D.o.o. companies in Serbia