On July 1, 2025, Grupa Azoty S.A., acting on its own behalf and on behalf of selected companies within the Grupa Azoty Capital Group, signed an annex to the agreement of February 2, 2024 (as amended), with 12 financial institutions supporting the Group. The agreement term has been extended to September 30, 2025, subject to confirmation beyond July 31 of this year. At the request of the European Investment Bank, a separate agreement was also signed—on terms broadly consistent with the main agreement—which will remain in force until July 31, 2025.
On June 30, 2025, Grupa Azoty Police hosted the launch event for the POLICE Logistics Hub, an initiative focused on the expansion of the Port of Police and the creation of a modern logistics base to serve the needs of industry and the broader region. The event brought together government officials, infrastructure and energy company executives, business partners, academic representatives, media, and industry experts.
The Supervisory Board of Grupa Azoty S.A. has adopted a resolution appointing Mr. Andrzej Skolmowski as President of the Management Board for the Company’s 13th term. The resolution came into effect upon adoption.
The financial results for the first quarter align with previously published estimates. In Q1 2025, Grupa Azoty generated consolidated sales revenue of PLN 3,822 million and EBITDA of minus PLN 8 million, with an EBITDA margin of minus 0.2%. This represents a year-on-year improvement in EBITDA of PLN 42 million compared to Q1 2024. The Agro Segment recorded a positive EBITDA margin.
Grupa Azoty Puławy has decided to issue and deliver a debit note to the Contractor of the 100 MWe coal-fired power unit project (the Polimex Mostostal S.A. consortium) for over PLN 239 million as a contractual penalty for the termination of the contract due to reasons attributable to the Contractor.
On January 24, 2025, the management boards of Grupa Azoty Puławy S.A. and Polimex Mostostal S.A. met in Puławy to discuss the current situation regarding the construction of the coal-fired power block (the BW100 project) and to explore options for amicably resolving the dispute, with due regard for the interests of both parties.
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.
By May 15, 2024, Grupa Azoty Polyolefins produced a total of 100,000 tons of polypropylene. This production milestone was reached during the startup and testing of guaranteed parameters at the PDH (propane dehydrogenation) and PP (polypropylene) installations, as well as at the AUX (auxiliary installations) and HST (maritime gas terminal).