Ammonium

Large cache of explosives found on Ionian island

A large amount of explosive material was found by the police on the island of Zakynthos on Friday in the village of Keri.

More specifically, 800 kilos of ammonium dynamite was found and confiscated. The material was stored in a small room in the basement of an abandoned warehouse on the outskirts of the village.

Bahrain bank exits investment in Bulgarian fertilizer giant

Bahrain-based First Energy Bank (FEB) has exited its investment in a Bulgarian producer and distributor of fertilizers, Arabian Business reported.
FEB had invested in December 2013 jointly with Borealis in Feboran, an investment vehicle set up in Bulgaria to acquire a 20.3 percent equity stake in Neochim, a company listed on the Sofia Stock exchange.