The editorial board of the Wprost weekly magazine recognised Grupa Azoty S.A. awarding it with the title of Employer of the Region in the region of Lesser Poland (Province of Kraków). In their explanation for the award, the editors noted that the Company took a number of measures to safeguard its employees in the face of exceptionally challenging market conditions – such as production cuts prompted by drastic increases in the prices of feedstock, mainly natural gas. The award was collected on behalf of the Company by Zbigniew Paprocki, Director General, Member of the Management Board of Grupa Azoty S.A.

Grupa Azoty Polyolefins, the special purpose vehicle implementing the Polimery Police project, has selected distributors for its new product – polypropylene to be marketed under the name Gryfilen^®. In Poland, the product will be distributed by Grupa Azoty Compounding.

With effect from Friday March 17th, the Grupa Azoty Group will be charging significantly lower prices for nitrogen and compound fertilizers sold via its authorised distribution network, adjusting them to the current market situation.This is another price reduction this year after the one made in February 2023.

In the fourth quarter of 2022, the Grupa Azoty Group generated estimated consolidated revenue of PLN 5,107m and negative EBITDA of PLN -296m, with a negative EBITDA margin of -5.8%. For the full year, the Grupa Azoty Group generated estimated consolidated revenue of PLN 24,658m and EBITDA of PLN 2,545m, with an EBITDA margin of 10.3%.

During discussions between the management boards of KGHM Polska Miedź and Grupa Azoty Group, the former's involvement in the expansion of the Police Sea Port and ongoing cooperation in sulphuric acid production were addressed. KGHM has shown interest in investment plots that are strategically located and expected to benefit from the planned expansion of port infrastructure. The plots offer an attractive investment opportunity.

Grupa Azoty is delighted to announced that is has been ranked as the No. 3 “National Champion” by the editors of Polityka Insight. The Company’s impressive score in the main ranking has also earned it the coveted title of an “International Champion”, i.e. a large, innovative enterprise which is a leader in its industry with a global presence.