On January 20, 2025, the Supervisory Board of Grupa Azoty Polyolefins S.A. adopted a resolution changing the composition of the Company’s Management Board. Effective January 21, 2025, the Supervisory Board appointed Mr. Krzysztof Kołodziejczyk as President of the Management Board of Grupa Azoty Polyolefins S.A. for the third joint three-year term. Since October 21, 2024, Mr. Kołodziejczyk had been serving as Acting President of the Management Board, delegated from his role as a Member of the Supervisory Board.
Grupa Azoty S.A. has been awarded public funding under the government program “Assistance for Energy-Intensive Industries Related to Natural Gas and Electricity Prices in 2024,” managed by the National Fund for Environmental Protection and Water Management. The financial assistance granted to Grupa Azoty S.A. amounts to nearly PLN 7.3 million, with the total compensation for companies within the Grupa Azoty Capital Group exceeding PLN 44.2 million.
The signing of the Cooperation and Stabilization Agreement marks the next phase in discussions between Grupa Azoty and Orlen. Both companies have reaffirmed their commitment to further analyze strategic options outlined in the Letter of Intent signed in September this year regarding Grupa Azoty Polyolefins. The agreement remains in force until March 31, 2025, or earlier, should specific conditions outlined in the agreement arise.
Following detailed discussions and agreements with banking partners, Grupa Azoty Polyolefins has signed an Amendment to the Stabilization Agreement originally dated December 15, 2023, concerning the financing of the Polimery Police project. This amendment extends the terms of the Stabilization Agreement’s validity to January 31, 2025. The updated agreement has been finalized with 15 financial institutions.
The Agreement marks a return to the 2013 concept aimed at fostering effective collaboration between the Tarnów-based facility and the municipal authorities. The parties plan to cooperate in areas such as the economy, infrastructure development, social policy, culture, science, and environmental protection.
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).