One of the conditions for a company’s inclusion in the index is its cooperation with the Łukasiewicz Research Network between April 1st 2019 and January 31st 2021. Grupa Azoty has a continuous track record of joint initiatives with the Łukasiewicz Research Network since the institute’s inception. Such joint initiatives include the ongoing project to develop a new generation catalyst for a low-temperature hydrogen and syngas production process, co-financed under the Smart Growth Operational Programme 2014–2020. In addition, the Łukasiewicz Research Network is running several large R&D projects commissioned by Grupa Azoty S.A. to comprehensively develop technologies for manufacturing speciality plastics.

“The business of Grupa Azoty is driven by innovation, which is why we could not be left out of the Łukasiewicz Index. Technologies supporting our Company’s transformation in line with the European Green Deal agenda, hydrogen projects and work related to biodegradable plastics are just some of the initiatives we are pursuing to strengthen our innovative and competitive edge. I am confident that our inclusion in the index will enhance the attractiveness of Grupa Azoty stock to investors, while highlighting the Company’s commitment to R&D projects,” says Grzegorz Kądzielawski, Vice President of the Management Board of Grupa Azoty S.A.

The index value will be published twice daily. The weights of constituent stocks will be equal to prevent the index from being dominated by the few largest caps.

“Now is the time to support and promote, more strongly than ever, those companies that draw on the wealth of knowledge and skills of Polish scientists. The listed companies working with the Łukasiewicz Research Network have already got to know our highly efficient and flexible approach, as our unique system of Łukasiewicz Challenges makes it possible to prepare a proposal for an effective implementation solution and present it to our business partner in no more than 15 working days. By promoting their engagement with Polish science, we seek to strengthen the gene of modernity and innovation in listed companies. We have a team of over 4,500 creative people (scientists and engineers), unmatched by other entities on the Polish R&D market, who are passionate about creating solutions for businesses looking to innovate. The Łukasiewicz INNOVATOR Index brings together entities across various sizes and sectors. It also has the potential to become much broader, since the four research directions pursued by our Network, namely health, smart mobility, digital transformation as well as sustainable economy and energy, can work for the success of many a business venture,” says Piotr Dardziński, President of the Łukasiewicz Research Network.