Nitrogénművek hires BNPP for investor meetings
Hungarian fertiliser company Nitrogénművek has mandated BNP Paribas to arrange a series of investor meetings, starting in Vienna on Wednesday, moving to London on Thursday and finishing in Switzerland on Friday. Nitrogénművek has never issued in the Eurobond markets before.
The company, which is unrated, is the only nitrogen-based fertilizer manufacturer in Hungary. Its sales are mostly domestic and its market share is about 55%-60%.
The companys foreign sales are mainly to Europe. It operates subsidiaries in Serbia, Slovakia and Romania and Poland. The latter is one of the
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