lse urka industry chemical founded 1930 headquarters berezniki perm krai russia key people sergey chemezov chairman dmitry osipov ceo products potash fertilizers revenue us 3.32 billion 2013 1 profit us 665.9 million 2013 owner onexim group 20 % 2 number of employees 11 300 website www.uralkali.com central office in berezniki uralkali is a russian potash fertilizer producer and exporter . it is traded on the london stock exchange and moscow exchange using the symbol urka . 3 the company s assets consist of 5 mines and 7 ore treatment mills situated in the towns of berezniki and solikamsk perm region russian federation . uralkali employs ca. 11 300 people in the main production unit . the company produces standard and granular potassium chloride kcl and supplies it through its own trader uralkali trading to over 60 countries with the major markets including brazil india china southeast asia russia usa and europe . in 2013 uralkali produced 10 million tonnes of potash kcl 4 uralkali develops verkhnekamskoye field of potassium and magnesium salts world s second largest in terms of potash ore reserves . the company s total ore reserves total approximately 8.2 billion tonnes . uralkali holds the development licences for the ust yayvinsky and polovodovsky blocks at the verkhnekamskoye field which contain ore reserves of 1.291 and 3.074 billion tonnes respectively . uralkali also holds the development licence for the romanovsky block of the verkhnekamskoye deposit with the estimated reserves of 385 million tonnes of sylvinite ore . 5 as of 20 december 2013 uralkali s shareholder structure is as follows 33.26 % free float 21.75 % onexim group 19.99 % uralchem 12.5 % chengdong investment corporation 12.5 % treasury shares . 6 contents 1 history 2 recent news 3 references 4 external links history edit in 1926 the ussr state planning committee presidium approved a resolution to develop the soviet potash industry around solikamsk perm region and its adjacent fields . in 1934 the first potash mining complex was launched in solikamsk later followed by another two mine and plants in solikamsk and fours mines and plant in berezniki . the soyuzkali group was renamed as uralkali in 1964 . uralkali became a joint stock company in 1992 encompassing production facilities in berezniki while production facilities in solikamsk formed ojsc silvinit . 7 the major shareholding of uralkali was accumulated by dmitry rybolovlev . in summer 2010 rybolovlev sold his stake in uralkali to investment vehicles which were beneficially owned by suleiman kerimov the metals tycoon alexander nesis another metals tycoon and filaret galchev a cement magnate respectively . 8 recent news edit in december 2010 uralkali announced plans to buy another russian potash producer silvinit ; together they would form one of the world s largest potash producers . 9 the merger was finalized in june 2011 with the combined uralkali accounting for about 20 % of the world s potash production . 10 on 9 november 2012 chengdong investment corp. ic a unit of the sovereign wealth fund china investment corporation bought bonds from the shareholders with maturation in 2014 which were exchangeable into a stake in uralkali . cic would be able to convert its investment into a 12.5 percent stake in uralkali s ordinary shares . 11 in september 2013 the bonds were converted and cic thus acquired a 12.5 % stake in the firm rumoured to be worth around 2 billion . 12 on 30 july 2013 uralkali announced that it was pulling out of the belarus potash corporation export jv with belaruskali through which it exported potash from 2005 to july 2013 and said it would sell the fertilizer on its own . this move sent shares of potash companies tumbling on speculation that potash prices would plunge . 13 this dispute arose over foreign sales and top executives at uralkali were accused of a criminal scheme . on 26 august belarus detained the company s then ceo vladislav baumgertner after inviting him to minsk for talks . 14 in september 2013 he was moved from solitary confinement and put under house arrest . 15 uralkali insists that persecution of its employees by belarusian officials is politically motivated . 16 on 14 october russia opened a criminal investigation into vladislav baumgertner as well and investigators announced they will request his extradition from belarus . 17 in november 2013 vladislav baumgertner was extradited to russia and later put under house arrest . 18 in september 2014 he was released on bail . 19 in december 2013 suleiman kerimov sold his shares 21.75 % to onexim group while uralchem acquired 19.99 % both becoming key shareholders in uralkali . 20 in november 2015 uralkali s board approved its latest share buyback program a move that was expected to result in the delisting of the company s stock in london . uralkali which also trades in moscow said it will repurchase as much as 6.5 percent of its shares from the open market by the end of march 2016 . 21 references edit uralkali announces ifrs 2013 financial results http www.uralkali.com investors shareholder inf shareholder str urka stock quote uralkali stock quote urka quote urka stock price uralkali official website . about the company uralkali . about us . resources uralkali . investors . shareholder strufture uralkali . about us . history financial times 15 june 2010 rybolovlev sells 53 % uralkali stake to three russian tycoons mining journal russian merger to create us 24bn potash producer . retrieved 2010 12 21 . uralkali about us china fund vtb capital invest in kerimov s uralkali bloomberg november 9 2012 polina devitt 24 september 2013 . china gets 12.5 percent stake in russia s uralkali . publisher . bloomberg uralkali breaks potash accord to grab market share 30 june 2013 bloomberg potash dispute escalates as uralkali ceo held in belarus 26 august 2013 russia today uralkali ceo now under house arrest employees and mother demand release 26 september 2013 russia beyond the headlines uralkali asks russian authorities for protection 5 september 2013 reuters russia opens case against uralkali ceo seeks extradition 14 october 2013 uralkali announcement wall street journal uralkali ceo says no talks to resume potash marketing pact with belarus 20.12.2013 changes in uralkali shareholder structure fedorinova yuliya . uralkali quits london next month starts shares buyback . bloomberg.com . retrieved 2015 12 30 . external links edit wikimedia commons has media related to uralkali . www.uralkali.com company website companies portal v t e moscow exchange index acron aeroflot alrosa bashneft cherkizovo credit bank of moscow dixy e.on russia fgc ues gazprom inter rao lenta lsr group lukoil m.video magnit mmk megafon moscow exchange mts nizhnekamskneftekhim norilsk nickel nlmk novatek phosagro pik group polymetal polyus gold rosneft rostelecom rusal rusagro rushydro russian grids sberbank severstal sistema surgutneftegas tatneft transneft uwc uralkali vsmpo avisma vtb 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