Following publication in the Official Journal of the European Union of sanctions imposed on Viatcheslav Kantor on April 8th 2022 and following imposition on April 25th 2022 of national sanctions on Mr Kantor and his related parties: Norica Holding S.à.r.l. of Luxembourg, Opansa Enterprises Limited of Cyprus and Rainbee Holdings Limited of Cyprus), holding in total 19.82% of the share capital of Grupa Azoty S.A., the Company announces that: Viatcheslav Kantor is not a beneficial owner of the Company within the meaning of Directive (EU) 2015/849 of the European Parliament and of the Council; Viatcheslav Kantor neither owns nor has control over the Company within the meaning of the EU sanctions legislation, including Council Regulation (EU) No 269/2014.
Grupa Azoty Group took the top spot in the Forbes “Poland’s Best Employers 2022” ranking in the “oil and gas production, mining, chemical industry” category, having moved up one place compared with the previous year’s ranking. The Group took the 17th place overall. In the survey based on which the distinction was awarded, respondents rated their employers based on such criteria as salaries and wages, working hours, growth and promotion opportunities, conditions and equipment for working from the office and home, etc.
Further to the news of a sudden halt in Russian gas supplies to Poland, Grupa Azoty announces that the Group companies receive natural gas under a contract with Polskie Górnictwo Naftowe i Gazownictwo S.A. Poland has technical capabilities to source gas from various directions, e.g. through system interconnectors on its western and southern borders and via the LNG terminal in Świnoujście. The mix is supplemented by domestically produced gas and volumes withdrawn from gas storage facilities, where Poland has accumulated substantial stocks.
In 2021, the Grupa Azoty Group posted consolidated revenue of PLN 15.90bn (up PLN 5.38bn year on year), EBITDA of PLN 1.95bn (up PLN 624m year on year), and EBITDA margin of 12.2% (down 0.4pp year on year). Net profit in 2021 reached PLN 634m, having increased by PLN 279m year on year. The largest contribution to consolidated EBITDA earned by the Grupa Azoty Group in the fourth quarter of 2021 was made by the Chemicals segment, which posted its best performance on record.
The Supervisory Board of Grupa Azoty Polyolefins S.A. announces the commencement of the qualification procedure for Members of the Management Board of Grupa Azoty Polyolefins S.A. with its headquarters in Police (Poland) at Kuźnicka Street 1.
Grupa Azoty Zakłady Chemiczne Police S.A. (the “Company”) kindly informs that due to circumstances being beyond the control of the Company, as a result of unforeseen technical problems in the area of the Power Center (failure of two boilers), which could not be predicted and could not be prevented, the Company announced on March 9, 2022 the "Force Majeure" event. The announcement is valid until further notice.
Grupa Azoty Polyolefins for the second time took part in the PLASTPOL Plastics and Rubber Processing Fair in Kielce.
Grupa Azoty Polyolefins and the West Pomeranian University of Technology in Szczecin have signed an agreement to improve the qualifications of the company's employees in line with the latest trends in science.