Bulgarian Chemical Fertiliser Maker Neochim Restarts Production After Maintenance

The company has started the gradual relaunch of its production facilities to return to normal operation, Neochim said in a statement to the Bulgarian Stock Exchange’s X3 News information service.

Last month Neochim said it will resume production later than initially planned due to the global financial crisis. It halted operations for annual maintenance in August and had planned to reboot production in November.

Shares of Neochim, part of the SOFIX index of the Bulgarian bourse, gained 5.4% to 39.0 levs ($25.58/19.93 euro) on Tuesday. The statement was published after the close of trading.

(1 euro = 1.95583 Bulgarian levs)