Agrofert forms AGF Nitrogen

Czech-headquartered Agrofert Group has established a new sub-holding company, AGF Nitrogen, a.s., to coordinate the activities of its pan-European chemical division. The vehicle went live on 1 July 2026, and Agrofert said its aim is to achieve synergies through economies of scale, raise efficiency and cut operating costs. Employees, customers and business partners are not directly affected by the reorganisation.

Petr Cingr, Vice-Chairman of the Board of Directors of the Agrofert Group, becomes Chairman of the Board and Chief Executive of AGF Nitrogen. To take on the new role, Cingr resigned as Chief Executive of Germany’s SKW Stickstoffwerke Piesteritz GmbH on 30 June, and will keep contact with the Piesteritz business through the position of Chairman of the Supervisory Board. Carsten Franzke, previously Chief Operating Officer at SKW Stickstoffwerke Piesteritz, took over as Chief Executive of the Piesteritz company on 1 July. The rest of the Piesteritz management team is unchanged.