On February 22nd 2023, the Management Board of Grupa Azoty S.A. made a decision to commence regular publication of estimates of the Group’s consolidated production output on a monthly basis. The Company wishes to emphasise that its production output is adjusted in line with changes in demand on the European market. The reporting of estimated output figures is intended to enhance the transparency of the Company information disclosure policy, whose purpose is to ensure that investors are provided with access to information which is relevant to assessing the condition of Grupa Azoty S.A. and its Group.
Two projects have been completed at Grupa Azoty ZAK under the New Energy Concept, a key capital investment programme currently underway at the company. The projects will help increase production and improve the energy and raw material efficiency. The total value of the projects is PLN 65.6m.
Another edition of Grupa Azoty’s customer lottery has been launched, with prizes including a John Deere 5075E tractor. Over the past five years more than 1,200 prizes have already been distributed to winning farmers, including five agricultural tractors as grand prizes.
Given a stabilisation of natural gas prices on the European market seen in January, despite strong year-on-year increases in the prices of other fertilizer production inputs, including electricity, coal, phosphate rock and potassium chloride, the Grupa Azoty Group has decided to lower its prices of fertilizer products with effect from February 1st 2023.
Ten applications have been selected for PLN 20,000 grants and twenty-three applications – for PLN 7,500 grants in the first edition of the Grupa Azoty START programme. Financial support of over PLN 370,000 in total will go to 33 entities in six provinces.
Grupa Azoty ZAK’s Research and Development Centre has officially launched its operations in Kędzierzyn-Koźle. The project worth PLN 39m will significantly enhance the research and development capabilities of the company and the entire Grupa Azoty Group. The opening of the Research and Development Centre is an important part of the Grupa Azoty Group’s strategy that aims to provide high-quality new and improved products and preserve a long-term competitive advantage. EU funding was obtained for the project.