The President of the Management Board of Grupa Azoty S.A. has appointed Prof. Andrzej Rzońca as Financial Strategy Advisor—a role intended to strengthen the Company’s capabilities in finance, macroeconomic analysis and capital market relations. This appointment provides important support for Grupa Azoty in stabilising its financial position and driving the Company’s transformation, reinforcing its expert capacity to develop solutions that enhance financial security.
At an Extraordinary General Meeting (EGM), Grupa Azoty’s shareholders adopted key changes to the Company’s capital structure. The resolutions open the way for a two-stage financial strengthening process: first, through the issuance of up to 33,726,465 Series E shares to the State Treasury, and then through a flexible authorised capital mechanism covering up to 40,472,173 shares.
Grupa Azoty confirms the information circulating publicly about the temporary suspension of accepting new March orders for nitrogen fertilizers. We categorically deny reports that production has been halted. Our plants are operating at maximum production capacity. We would like to emphasize that we are fulfilling all orders placed with Grupa Azoty before the announcement of the temporary suspension of accepting new orders.