Grupa Azoty, a leader of the fertilizer and chemical industry in Europe and the largest hydrogen producer in Poland, is among the signatories of a letter of intent to build the Lower Silesian Hydrogen Valley. The letter was signed during the 30th Economic Forum in Karpacz in the presence of Prime Minister Mateusz Morawiecki, Minister of Climate and Environment Michał Kurtyka and Secretary of State in the Ministry of Climate and Environment Ireneusz Zyska. Vice President of the Management Board of Grupa Azoty S.A. Marek Wadowski signed the letter of intent on behalf of the Board.

In the three months to June 30th 2021, the Grupa Azoty Group posted a net profit of PLN 168m, an increase of PLN 111m on the same quarter of 2020. In the second quarter of 2021, the Group’s consolidated revenue was PLN 3,173m, up PLN 904m year on year. EBITDA amounted to PLN 361m (up PLN 46m year on year), with EBITDA margin at 11.4% (down 2.5pp year on year).

Several dozen Grupa Azoty employees, hours of work together, and effects that will last for years – this is a brief summary of the environmental initiative to grow plants on the fence surrounding Grupa Azoty premises, held on August 31st. The project was a part of the company’s effort to contribute to CO2 emissions reduction.