PhosAgro is a Russian chemical holding company producing fertilizer, phosphates and feed phosphates. The company is based in Moscow, Russia, and its subsidiaries include Apatit, a company based in the Murmansk Region and engaged in the extraction of apatite rock. The company is Europe's largest producer of phosphate-based fertilisers.
Ownership history
The original owner of PhosAgro's assets (most notably Apatit, a Soviet-era mining company) was exiled Russian billionaire Mikhail Khodorkovsky via his company, Menatep. In 2003, Khodorkovsky was arrested for tax evasion and fraud; the charges against him were ostensibly connected to Menatep's purchase of shares in Apatit. However, some have seen the charges as punishment for publicly clashing with Vladimir Putin.[1][2][3][4]