OREANDA-NEWS. December 13, 2011. EuroChem was rewarded for its high level of information disclosure at this year’s annual report and website competition organized by Securities Market (Rynok Tsennykh Bumag – RCB) and the Investor.ru social network with support from the Russian Federal Financial Markets Service. The company not only stood out as a privately held business among listed peers, but also as it picked-up two of the competition’s top awards. EuroChem’s 2011 annual report was recognized as best in the industrial sector, while its corporate website ranked first for investor information disclosure.

Now in its fourteenth year, the annual report and website contest aims to foster and reward excellence in information transparency and corporate governance. A total of 122 companies participated in this year’s competition which culminated with the awards ceremony on November 17 in Moscow.

A few days earlier, the company was recognized as having the best online annual report among Russian companies by the Expert RA rating agency at its 13th Annual Report competition.

EuroChem was also among four companies nominated by the UK-based IR Society at this year’s Best Practice Awards for best annual report by an unlisted entity. Although edged out by the Crown Estate for the top honor, EuroChem’s annual report was highly commended by the judges particularly for its discussion of strengths and weaknesses. Held in the Pavilion at the Tower of London on November 22, the IR Society’s Annual Best Practice Awards recognizes those companies which have implemented an outstanding programme of corporate reporting in the last twelve months.

EuroChem is one of the world’s top ten agrochemical companies by capacity. Vertically integrated with activities spanning from mining to logistics and distribution, EuroChem focuses on nitrogen and phosphate fertilizer production and holds licenses to develop potash reserves in Russia which entitle it to the fifth-largest volume of proven and probable potash reserves globally.

Its main production assets include the Nevinnomysskiy Azot, Novomoskovskiy Azot, Phosphorit, EuroChem – BMU, and Kovdorskiy GOK facilities in Russia and the Lifosa plant in Lithuania.