The Grupa Azoty Group continues to implement green projects within its Agro segment. To this end, it has opened an R&D Centre for Biofertilizers at its Gdańsk-based plant Grupa Azoty Fosfory.
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.
At the end of January, the overall stage of completion of Grupa Azoty Group’s flagship project in Police exceeded 99.01% and entered its final phase. The project is of strategic importance to the national economy and will boost growth of Poland’s plastics segment. The complex will be the largest propylene and polypropylene plant in Central and Eastern Europe.
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.
At its meeting on February 9th 2023, the Supervisory Board of Grupa Azoty S.A. appointed Marcin Kowalczyk as Member of the Company's Management Board of the 12th term, with effect from February 10th 2023, serving as Vice President of the Management Board.
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.