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Yara moves to regional organizational structure

Yara will move from a segment structure to a regional organizational structure, effective 1 June 2020. Yara’s operations will comprise four profit centers, of which three are regional units and a fourth unit for global production plants and operational excellence including health and safety. In addition, Yara will establish a new Farming Solutions global function.

“The new structure will sharpen our customer focus in each region, while also driving the transformation of our business for the future. It is a further milestone in executing our crop nutrition strategy as an integrated food value chain player,” said Svein Tore Holsether, President and Chief Executive Officer of Yara.

The three regional units – Europe, Americas, Africa & Asia – will all have production, supply chain and commercial operations, empowering them to run daily operations in a fully integrated setup. They will produce and deliver existing Yara solutions, in addition to commercializing and selling new offerings under the guidance of Farming Solutions.

The Global Plants & Operational Excellence unit will operate Yara’s largest production plants (Porsgrunn and Sluiskil), and drive operational improvement and competence development across Yara’s production units.

The Farming Solutions function will have a global mandate to drive the transformation of Yara’s core crop nutrition business, developing both existing and new solutions including premium products, digital business, food value chain collaboration and climate-neutral solutions.

For more information:
Yara
Tel: +47 24 15 70 00 
Fax: +47 24 15 70 01
 

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