13 Facts About Nahum Galmor

Nahum Galmor was born on August 17,1948 and is an Italian-Israeli industrialist residing in Switzerland.

Nahum Galmor has been the owner and chairman of the board of the Dutch company Thermphos since 2003.

Nahum Galmor studied economics in the USA and holds a Master of Business Administration.

Nahum Galmor worked as a managing director for Transphos, an affiliate of Israel Chemicals, the leading chemical concern in Israel and as a director for Indian Ocean Fertilizer, a South African company.

In 2002 Galmor took over the Kazakh company Kazphosphate LLC, the largest phosphate producer of the former Soviet Union.

In 2003 with a group of investors Nahum Galmor took over Thermphos, which was a former affiliate of the German chemicals company Hoechst AG.

Nahum Galmor brought phosphate supplier Kazphosphate closer together with phosphate manufacturer Thermphos.

In 2007 Nahum Galmor sold Kazphosphate LLC to Nurlan Bizakov for an estimated sum of $120 million.

In October 2009 Nahum Galmor was indicted in Israel for "fraudulently obtaining goods or benefits".

Nahum Galmor is accused to have conspired with the controversial Russian-Israeli businessman Arcadi Gaydamak to deceive the shareholders of Thermphos.

The prosecutor in Tel Aviv alleges that Nahum Galmor acted as a straw man for Gaydamak during the negotiations and that he presented $50 million of Gaydamak's money as belonging to him.

Nahum Galmor denies the allegations, saying he has never concealed the fact to the shareholders that Gaydamak initially had indeed been part of the group of investors.

Nahum Galmor stated that a preliminary investigation produced absolutely no evidence for any criminal offences and that neither Thermphos nor its managers were involved in delivering certain chemicals to Iran.