Phosphoric Fertilizers Industry SA (PFI) was founded in 1961 by the Commercial Bank Group and started operating in 1965 at Nea Karvali in Kavala.
A historical milestone in PFIs corporate development occurred in 2000 when the two most important fertilizer manufacturers in Greece, PFI and Chemical Industries of Northern Greece SA, merged to form Greeces largest chemical company.
The new business was owned by two major banks. In September 2009, PFI SA was acquired by ELFE SA, a company controlled by a private equity fund.
At present, there is a significant ongoing investment programme in the maintenance and improvement of production divisions, warehouses and packing facilities, at the Kavala plant.
Hellenic Fertilizers – ELFE is the leading company in the Greek fertilizers industry and one of the major companies of ??South-Eastern Europe. They are a competitive and dynamically growing company, which operates responsibly and with respect towards its shareholders, employees, customers, consumers, society and environment.