On 13 October 2025, Grupa Azoty Polyolefins received a letter from Bank Polska Kasa Opieki S.A., acting on behalf of the financial institutions funding the Polimery Police Project, regarding the offset-based debit of approximately EUR 76.8 million from the company’s account. The funds represent proceeds previously obtained under performance guarantees and were used to repay outstanding financial liabilities.
Grupa Azoty has signed an annex to the Memorandum of Understanding (MoU) concluded on August 1, 2025, between Grupa Azoty, Grupa Azoty Police, Grupa Azoty Polyolefins, and Orlen. The annex broadens the scope of cooperation to include an analysis of the potential sale of all or part of Grupa Azoty Polyolefins shares by Grupa Azoty and Grupa Azoty Police.
Grupa Azoty continues to improve its performance despite a challenging market environment and the ongoing Polimery Police Project. EBITDA in the company’s core business was positive in both the first half and the second quarter of 2025, reaching PLN 160 million and PLN 73 million respectively (after excluding the negative impact of Grupa Azoty Polyolefins’ results). In the first half of 2025, the Group generated consolidated sales revenue of PLN 7,140 million, representing a year-on-year increase of 5.9%. EBITDA came in at minus PLN 79 million, an improvement of PLN 100 million compared with the same period of the previous year. The EBITDA margin was minus 1.1%, up by 1.6 percentage points year on year.
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