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Grupa Azoty Launches Production of a New Fertilizer in December
Grupa Azoty is expanding its product portfolio with the introduction of a granular nitrogen fertilizer with sulfur and calcium, branded as eNpluS. This move continues the company's strategy to develop its offerings in line with market demands. The production of eNpluS will take place in Puławy and Kędzierzyn-Koźle, making it the latest addition to the product range in recent months. Earlier, the portfolio was enriched with megAN (a coarse-granule ammonium nitrate fertilizer) and RSM OPTIMA (a urea-ammonium nitrate solution with a unique light-blue color for easy identification of its origin).
09.12.2024
Grupa Azoty announces Management Board composition for 13th term
The Supervisory Board of Grupa Azoty S.A. has confirmed the composition of the Management Board for its upcoming 13th term, effective January 1, 2025. The lineup remains unchanged, except for the Employee-Elected Board Member, who will be appointed following a planned election process.
26.11.2024
Signing of a Letter of Intent on Cooperation in Explosives Production
The Industrial Development Agency (Agencja Rozwoju Przemysłu S.A.), Polska Grupa Zbrojeniowa S.A., Grupa Azoty S.A., and MESKO S.A. have signed a letter of intent to expand explosives production capabilities.
18.11.2024
The Management Board of Grupa Azoty S.A. Decides to Sign an Integration Agreement Among Group Companies
The agreement to be signed between Grupa Azoty S.A. and all companies within its Capital Group strengthens and standardizes the principles of cooperation on areas such as integration processes, joint project management, restructuring, cost optimization, and information exchange. The Management Board of Grupa Azoty S.A. has resolved to approve the signing of this integration agreement, initiating the process of formalizing the document between Grupa Azoty S.A. and each of its affiliated companies.
13.11.2024
Grupa Azoty Announces Q3 2024 Financial Results
Grupa Azoty’s financial results for Q3 align with estimates published on October 25. In Q3 2024, the Group reported consolidated sales revenue of PLN 3,085 million and an EBITDA result of minus PLN 120 million, with an EBITDA margin of minus 3.9%, reflecting an improvement of nearly PLN 228 million compared to the same period last year. The net loss for Q3 was reduced year-over-year by PLN 517 million to PLN 226 million, compared to a loss of PLN 743 million in Q3 2023.
06.11.2024
The Board of Grupa Azoty Launches the AZOTY BUSINESS Program
This initiative stems from ongoing efforts toward restructuring and transforming the Group into a cohesive, cost-effective entity with a strong position in the European fertilizers, plastics, and OXO product markets. AZOTY BUSINESS aims to establish an integrated, cost-efficient Capital Group with a strong European market position across its Fertilizers, Plastics, and OXO segments. The launch of this Program marks the completion of the initial phase of corrective actions, yielding approximately PLN 350 million in cost savings across the Capital Group from late March to the end of October, through optimized supervisory structures, organizational frameworks, compensation, sponsorships, public relations, and management costs.
a Azoty Launches the AZOTY BUSINESS Program
05.11.2024
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