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Grupa Kapitałowa Grupa Azoty
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On October 9, Grupa Azoty S.A. hosted provincial tactical exercises, code-named "AZOTY 2024," on its premises. The exercise aimed to familiarize all participants with fire safety conditions and potential operational challenges at a high-risk industrial site, while enhancing their emergency response skills in such facilities.
Grupa Azoty PKCh has filed a complaint with the prosecutor’s office alleging that a former board member committed offenses resulting in significant financial harm to the company. The complaint alleges abuse of authority and misappropriation of company funds for personal use, unrelated to company activities, amounting to no less than PLN 283,000.
The funding from the European Climate, Infrastructure and Environment Executive Agency (CINEA) to support the construction of a railway hub and related technical infrastructure as part of the development of railway line no. 437 to the Police Seaport. The total value of the project, managed by the Police Seaport Authority (ZMPP), exceeds EUR 48.3 million. The project aims to improve the port’s accessibility from both land and sea, while also increasing its cargo handling capacity. This initiative aligns with Grupa Azoty's strategic objectives to enhance the business importance of its port infrastructure. The project is expected to be completed by the first quarter of 2028.
Following discussions and negotiations with banks, Grupa Azoty Polyolefins has signed an Amendment to the Stabilization Agreement dated December 15, 2023, related to the financing of the Polimery Police project. This agreement, which extends financing terms until October 31, was signed with 15 financial institutions.
Grupa Azoty S.A. has filed a criminal complaint alleging suspected misconduct related to non-compete agreements for former Management Board members, potentially resulting in financial damages exceeding PLN 4 million.
Grupa Azoty S.A. has filed a criminal complaint regarding suspected misconduct involving non-compete agreements for key management personnel (directors). The complaint alleges intentional misconduct that posed a direct risk of significant financial loss to the company, amounting to nearly PLN 500,000.