In the three months ended March 31st 2023, the Grupa Azoty Group generated consolidated revenue of PLN 3,895m, EBITDA of PLN -401m, and EBITDA margin of -10.3%. The financial results are in line with the estimates published by the Company on May 15th 2023.
Polskie Centrum Badań i Certyfikacji S.A. (PCBC) has completed a conformity assessment of the Grupa Azoty Group’s fertilizing products with the requirements set forth in Regulation (EU) 2019/1009 of the European Parliament and of the Council. Following the assessment, the Group was awarded certificates confirming that its fertilizing products meet the requirements effective in the European Union as of July 16th 2022. The certificates also confirm conformity of the Group’s manufacturing quality systems.
On May 13th 2023, twenty-seven scholarship recipients began classes at the Hydrogen Academy of Szczecin, established by Grupa Azoty Police and the West Pomeranian University of Technology in Szczecin as part of the West Pomeranian Hydrogen Valley. Between May and July, the participants of the Academy will take classes and carry out their own projects based on which candidates for internships, including at Grupa Azoty, one of the largest hydrogen producers in Poland, will be selected. Paid internships at the companies participating in the Hydrogen Academy are scheduled for August and September 2023.
Grupa Azoty has named the best Employee Volunteering initiatives. The judging panel have selected 14 projects proposed by employees of the Grupa Azoty Group companies. As in the previous edition of the Programme, most of the ideas put forward were related to ‘Green Azoty’, a strategic project of the Grupa Azoty Group. Each winner will receive PLN 6,000 to finance implementation of the initiative they developed.
On March 9th 2023, the Management Board of Grupa Azoty Zakłady Azotowe Puławy S.A. made the decision to suspend production of caprolactam (Plastics segment) and the operation of the Melamine III unit (Agro Fertilizers segment) from March 10th 2023 due to the prevailing supply and demand situation in the European market.
On January 17th 2023, Renata Tyszer resigned from her position as Vice President and member of the Management Board of Grupa Azoty Puławy. Furthermore, following resignation by Tomasz Hryniewicz from his position as President and member of the Management Board, the Supervisory Board of the Company, at its meeting held on January 17th 2023, appointed Justyna Majsnerowicz, who previously served as the Company’s Vice President, to act as President of the Management Board.
The Supervisory Board of the Company announces the commencement of the qualification procedure for Vice-President of the Management Board (the "Member of the Management Board") of Grupa Azoty Polyolefins S.A. with its seat in Police at Kuźnicka 1 ("Company").
With reference to false information appearing in the public domain, Zakłady Azotowe Kędzierzyn firmly denies that the company has anything to do with the fish die-off seen along the Odra River in recent days.