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Grupa Kapitałowa Grupa Azoty
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Grupa Azoty Compounding, a company of the Grupa Azoty Group, has successfully completed the implementation of ASPROVA APS, an advanced production planning and scheduling software, and XPRIMER.MES, a system for monitoring and recording production. The deployment of both systems for production management at the company marks another step in the implementation of the strategy to improve processes and increase production potential.
On February 14, 2024, Mr. Dariusz Smoliński resigned from the Supervisory Board and from his role as a Vice-chairman of the Supervisory Board of Grupa Azoty Polyolefins S.A.
On February 14, 2024, Mr. Grzegorz Kądzielawski resigned from the Supervisory Board and from his role as a Chairman of the Supervisory Board of Grupa Azoty Polyolefins S.A. On February 14, 2024, Mr. Marek Wadowski resigned from his membership in the Management Board and from his role as a Vice-president of the Management Board of the Company Grupa Azoty Polyolefins S.A.
On 14 February 2024, the Extraordinary General Meeting of Grupa Azoty S.A. decided to change the composition of the Company’s Supervisory Board. The resolutions on removal and appointment of Supervisory Board Members, as well as on appointment of the Chair of the Supervisory Board, came into effect upon adoption.
Grupa Azoty has released estimates of production volumes for January 2024. The figures confirm that the fertilizer market is prepared for the peak application season as a result of the purchases made in December. The announced data shows that nitrogen fertilizer production at Group companies declined relative to December last year, with estimated volumes for January 2024 at 199,000 tonnes, compared to 281,000 tonnes for December. On the other hand, an uptick in production was recorded for speciality fertilizers, with 25,000 tonnes estimated for January 2024, compared with 17,000 tonnes in December 2023. In the case of compound fertilizers, estimated production in January 2024 was 48,000 tonnes, compared to 54,000 tonnes in December 2023.
On 9 February 2024, Grupa Azoty S.A. published a current report in which it announced that in the course of work on the preparation of the full-year consolidated financial statements for the financial year 2023 indications of impairment of the assets of Grupa Azoty Polyolefins S.A., with an effect on the value of Grupa Azoty S.A.’s assets, were identified.