The new main index will include 30 largest and most liquid companies covering thirteen branches; the chemical branch will be represented by Grupa Azoty and Synthos. 

“The start of WIG30 index and presence of Grupa Azoty in its composition is excellent news. The news is also good for our shareholders – entering WIG30 will, most probably, still increase trading the shares in Grupa Azoty. Thus, one of our main strategic objectives, i.e. being listed in the WSE main index, will be attained in a few weeks”, said Paweł Jarczewski, President of Grupa Azoty.

When creating the new index it was decided that WIG30 may include no more than seven companies from every exchange sector and the share of a single stock in the index capitalization is capped at 10%. The companies have been selected  based on their liquidity and capitalization. WIG30 is to reflect better the size and diversity of the Polish market as well as to provide an additional exposure for the new ten companies.  

”I am convinced that the presence in the elite group of blue chips will create interesting opportunities both to the companies and investors. I hope that  that the companies will make proper use of this potential,” stated Adam Maciejewski, President of the WSE Management Board.

“Over the past five years of presence in the WSE (floating on 30th June 2008) Grupa Azoty, consistently implementing its vision of business, has undergone a spectacular way of significantly increasing its value and becoming a consolidator of the Polish fertilizer and chemical industry. Currently we focus on further enlargement of the Group and its qualitative growth through organic growth, pro-efficiency investments, cost optimization and implementation of synergies - in a word, we have been creating the Polish National Chemical Champion,” added Mr Jarczewski.