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New Management Board of Grupa Azoty reports on the estimated impact of non-cash events on the 2023 financial results
During the preparation of the consolidated financial report for 2023, asset impairment tests were conducted within the company. These tests were also carried out in the subsidiaries.
05.04.2024
New Management Board of Grupa Azoty updates information on estimated impact of non-cash events on financial results for 2023
On February 9, the previous Management Board of Grupa Azoty S.A. reported that the potential estimated non-cash impact of the impairment of Grupa Azoty Polyolefins' assets would reduce Grupa Azoty S.A.'s consolidated EBIT for 2023 by (minus) PLN 900 million. However, according to information obtained by the new Management Board of Grupa Azoty on March 28, the estimated non-cash impact of the described event will reduce Grupa Azoty S.A.'s consolidated EBIT for 2023 by approximately (minus) PLN 1,138 million, compared to the originally estimated value of (minus) PLN 900 million. This event will not affect the consolidated EBITDA of Grupa Azoty S.A.
29.03.2024
Grupa Azoty Polyolefins and Financial Institutions agree on financing conditions for Polimery Police for another period
Following discussions and agreements with banks, Grupa Azoty Polyolefins signed an Amendment to the Stabilization Agreement dated December 15, 2023, regarding the financing of the Polimery Police project on March 28, 2024. The parties have agreed on the conditions under which the Financial Institutions will provide financing for the project in the next period of the Stabilization Agreement, i.e., until April 26, 2024. The amendment was signed with 15 financial institutions.
28.03.2024
Grupa Azoty S.A. Signs Amendment to Agreement with Financial Institutions
Grupa Azoty S.A. has, on its own behalf and on behalf of the companies within the Grupa Azoty Capital Group, signed an Amendment to the Agreement dated February 2, 2024.
27.03.2024
Grupa Azoty awarded title of Leader of Energy Transformation at the Polish Climate Congress
Grupa Azoty has been awarded the title of Leader of Energy Transformation 2024 in the category of Material Engineering, Nanotechnology. The company was recognized for its project "envifill® granulates - a family of polymers subject to organic recycling." The statuette is awarded by the Polish Climate Congress committee.
25.03.2024
Appointment of a Member of the Supervisory Board of Grupa Azoty S.A.
The Management Board of Grupa Azoty S.A. announces that on March 21, 2024, it received a statement from the Undersecretary of State at the Ministry of State Assets, the representative of the Minister of State Assets, dated March 21, 2024, acting under § 16(2) of the Company's Articles of Association, on the appointment of Artur Rzempała as a Member of the Supervisory Board of the Company.
21.03.2024
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