Profitable Duslo preparing new investments

Fertilizer producer Duslo Šaľa (Andrej Babiš) expects a net profit of €15m in 2025, up from €10m in 2024, according to outgoing CEO Petr Bláha. He warns that electricity for large consumers in Slovakia is the third most expensive in Europe, as the government provides price subsidies only to households. The company is considering a €140m investment in a granulation line for fertilizer finalization. Preparations also continue for €120m wind and solar power plants with a subsequent hydrogen unit. The company lost EU funding for the project due to lengthy permitting processes.

(hnonline.sk)