Apr 30, 2026
Ameropa announces double-digit sales growth in 2025 as well as strengthening of its finances and operations
- Sales increased by 22% to CHF 7.6 billion (previous year: CHF 6.2 billion).
- Successful closing of USD 1.1 billion Revolving Credit Facility strengthens financial flexibility.
- Fertilizer factory Azomures mothballed due to high gas prices
- Chairman of the Board Andreas Zivy to hand over to Matthias Altendorf as of mid-2026
In 2025, Swiss agri-commodity group, Ameropa, focused on strengthening its financial position, improving operational efficiency, and reinforcing leadership continuity. Despite ongoing volatility in global agricultural markets, the Group made steady progress across its core activities.
Sales increased by 22% year-on-year, from CHF 6.2 billion to CHF 7.6 billion. The increase is attributable to 9% volumes increase and higher commodity prices across grains, oilseeds, and fertilizers. Market conditions continued to be influenced by global supply-demand dynamics and geopolitical developments.
Despite the solid performance in the wider business, Azomures, the company’s fertilizer factory in Romania, continued to face major operational headwinds that started with the onset of war in Ukraine, which resulted in global-competitive natural gas supply in Europe, making sustainable operations impossible. Throughout 2025, Ameropa was in negotiations with Romania’s state-owned Romgaz to reach a potential sale of the facility but given that the process lasted over 12 months without a binding offer, the Board decided to begin the mothball process at the end of 2025. Conversations continue but at present, no deal has been reached, and the mothballing process continues.
Financial Strengthening Through Credit Facility
A key milestone in 2025 was the successful closing of a USD 1.1 billion unsecured Revolving Credit Facility. The facility was supported by 22 international banks and significantly oversubscribed, reflecting strong confidence in Ameropa’s long-term strategy and financial stability.
Strategic Acquisition and Operational Investments
Promat Comimpex S.R.L., majority owned by Ameropa Group, completed the acquisition of a majority stake in Agrotex S.R.L., a leading supplier of agricultural inputs and cereals in North-Western Romania, with annual turnover exceeding EUR 150 million. The transaction strengthens Ameropa’s position as the leading integrated agribusiness platform in the Central and Eastern European region.
Operationally, Ameropa continued to invest in infrastructure and efficiency improvements. At Chimpex, its terminal and logistics business at the Port of Constanța in Romania, new shore cranes were installed to improve cargo handling performance in one of the region’s key grain export hubs.
Meanwhile, Ameropa acquired the site and broke ground on a major warehouse expansion project in Brisbane, Australia to better serve key fertilizer retail partners in the region.
Structure Leadership and Governance Developments
The business structure introduced at the end of 2024 with two primary Divisions, ‘Fertilizers’ and ‘Grains & Oilseeds’ supported improved coordination and clearer accountability throughout 2025. Both Divisions improved results in 2025.
At the Annual General Meeting, all Board members were re-elected in June 2025, ensuring governance continuity ahead of the planned retirement of long-standing Chairman Andreas Zivy who will reach the statutory age limit in June. The shareholders intend to appoint Matthias Altendorf as his successor by mid-2026. Altendorf brings extensive experience from his career at Endress+Hauser, a family-owned company headquartered in Basel with global operations.
Ameropa Foundation and CSR
Through the Ameropa Foundation and CSR activities, the Group continued to support social initiatives in communities on three continents. Ongoing Foundation projects in Brazil, Romania, and Uganda reflect Ameropa’s long-term commitment to responsible engagement world-wide.
Outlook
Looking ahead, geopolitical tensions in the Middle East are creating additional uncertainty for global trade flows and supply chains in 2026. However, Ameropa’s 75+ years of experience, its financial strength, strong teams and structural focus built in 2025 provide a strong foundation to manage these challenges.