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Grupa Kapitałowa Grupa Azoty
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On July 29, Grupa Azoty S.A. received a notification on behalf of Radosław Kwaśnicki regarding the loss of control over the shares of Grupa Azoty S.A. held by entities associated with Vyacheslav Kantor. This development marks the end of the temporary management established on July 11, 2023. Crucially, this follows the publication in the Official Journal of the European Union about the sanctions imposed on Vyacheslav Kantor on April 8, 2022, and the national sanctions imposed on April 25, 2022, affecting Vyacheslav Kantor and his associated entities: Norica Holding S.a.r.l. (Luxembourg), Opansa Enterprises Limited (Cyprus), and Rainbee Holdings Limited (Cyprus), which collectively hold 19.82% of Grupa Azoty S.A.'s shares. The sanctions include the freezing of financial assets, including the shares of Grupa Azoty S.A. owned by Kantor's associated entities.
The Management Board of Grupa Azoty Puławy has decided to temporarily halt melamine production. The biggest challenge at the moment are the costs associated with the primary raw material natural gas and energy prices related to emissions that non-EU producers do not bear. Grupa Azoty Puławy has secured an operational stock of melamine. Production will resume when an acceptable market price for melamine relative to production costs is achievable.
The Annual General Meeting of Grupa Azoty S.A. was held in Tarnów, Poland, on Thursday, June 27th, 2024.
The Management Board of Grupa Azoty S.A. announces that on June 27th, 2024, pursuant to resolutions of the Annual General Meeting, the following persons were appointed as Members of the Company's Supervisory Board for the 12th joint term of office:
On June 27, 2024, Grupa Azoty S.A. held its Ordinary General Meeting of Shareholders.
The Management Board of Grupa Azoty S.A. announced that on June 27, the Ordinary General Meeting appointed the following individuals to the Supervisory Board for the twelfth joint term: