Yara now has more than 7,300 employees.
Yara is based on the original fertilizer business of the Norwegian company Norsk Hydro founded in 1905. Yara was incorporated under the preliminary name of AgriHold on Nov 10, 2003 and registered in the Norwegian Register of Business Enterprises on Nov 12, 2003. Yara was demerged from Norsk Hydro and listed on the Oslo Stock Exchange March 25, 2004.
Yara's core values are Ambition, Trust, Accountability and Teamwork.
The will to change starts with Ambition; the desire to do more and to do it in a better way. Trust supports entrepreneurship and gives people the necessary freedom to act. Accountability means being disciplined in implementing decisions and taking full responsibility. Teamwork is our commitment to pulling in the same direction.
Yara is a chemical company with fertilizer application as our biggest market. We convert energy and nitrogen from the air into useful products for farmers and industrial customers.
Our mission is "We strive for better yield." Yield has a dual meaning: While being what farmers expect when using our fertilizer products, it also addresses the expectation of return that our industrial customers are looking for, and the value growth and dividend that makes Yara a good investment.
Yara's ambition is to utilize its strong asset base and downstream network to become the Industry Shaper. As the world’s largest fertilizer company Yara wants to actively participate in shaping the fertilizer industry going forward.
Yara's strategy to reach its long-term ambition of being the Industry Shaper consists of three main elements; Operational excellence, strategic growth and value-driven leadership.
Operational excellence by staying cost competitive and optimizing capacity utilization and operating capital will secure competitiveness and profitability. Strategic growth, both organically and by well-timed acquisitions and selective capacity expansions, create shareholder value based on synergies with our existing business. Finally, a value-driven leadership centered on product and technology leadership and a strong performance culture inspires a drive to continuously improve our business.
Yara is registered in the Norwegian Register of Business Enterprises (known as Brønnøysund-registeret) with registration number 986 228 608. Yara's stock is registered in the Norwegian Central Securities Depository (known as Verdipapirsentralen or VPS) under ISIN NO 001 020 805.1.
