The Supervisory Board has confirmed the validity of the election process for the candidate selected by the Company's employees to serve as a Member of the Management Board for the 13th term. The election took place from January 27 to February 11, 2025. Following this confirmation, on February 27, 2025, the Supervisory Board appointed Mr. Artur Babicz as a Member of the Management Board, with his term commencing on March 1, 2025.
Grupa Azoty Polyolefins has extended the validity of the Stabilization Agreement dated December 15, 2023, with subsequent amendments, concerning the financing of the Polimery Police project. Consequently, the terms under which Financial Institutions provide financing for the Project will remain in effect for the extended period of the Stabilization Agreement, i.e., until March 31 of this year.
Grupa Azoty is introducing a new product to the market: FOLIRES™, a nitrogen fertilizer with sulfur and magnesium designed for foliar plant nutrition. Produced at Grupa Azoty Puławy, it will be available in 20 kg packaging.
In February this year, Grupa Azoty joined Business & Science Poland (BSP), the largest Polish business organization in Brussels, which represents the interests of Polish enterprises and assists in managing regulatory and economic risks. Currently, the main challenges for Grupa Azoty include, among others, gas prices and costs related to CO₂ emissions; these issues will therefore be the primary concerns raised by the Group’s representatives within the framework of its BSP membership.
The Grupa Azoty Management Board has approved a resolution that preliminarily adopts a concept for integrating logistics operations within the Grupa Azoty Capital Group. In the coming steps, a dedicated team will develop the final integration model, exploring opportunities to centralize logistics functions.
Grupa Azoty is set to produce its new multi-component fertilizer – POLIFOSKA Multi S – a product containing 23% sulfur at its Police facilities. This launch marks the latest addition to our fertilizer portfolio, joining the likes of megAN (a high-granule ammonium nitrate fertilizer), RSM OPTIMA (a nitrate-urea solution with a distinctive light blue color for easy product origin identification), and eNpluS (an ammonium fertilizer enriched with sulfur and calcium), whose production commenced in recent months within Grupa Azoty.