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Statement on emergency event
An overheat incident was identified within the boiler system at Grupa Azoty Zakłady Azotowe Kędzierzyn S.A.’s ammonia unit site.
07.09.2023
Following advancement of Grupa Azoty Unia Tarnów to the play-offs, Grupa Azoty S.A. increases its financial commitment to the Tarnów speedway club
Grupa Azoty S.A. has decided to increase its financial commitment to the speedway club from Tarnów. The funds will secure further support for its sports activities. The results achieved in the regular phase earned Grupa Azoty Unia Tarnów promotion to the play-offs. On September 9th, the team will compete against Texom Stal Rzeszów.
04.09.2023
Consent to waiver of certain covenants under Grupa Azoty Group’s financing agreements
On August 31st 2023, Grupa Azoty signed waiver and amendment letters with 13 financing institutions whereby they agreed to waive certain covenants laid down in agreements on the provision of financing to Grupa Azoty and Grupa Azoty Police. The waiver was granted in response to requests submitted by these entities in June 2023. Under the waiver letters, consent was given to waive the net debt/EBITDA covenant as at the end of June 2023. The terms of the waiver letters do not differ from standard terms used in agreements of this type. Grupa Azoty will remain in continued dialogue with the financing institutions.
31.08.2023
Another investment of Grupa Azoty S.A. – a new plant to manufacture concentrated ammonium nitrate solution will be built in Tarnów.
Azoty Group S.A. has signed a contract with thyssenkrupp Uhde for the preparation of licensing documentation and the supply of all process equipment for a concentrated ammonium nitrate solution plant (referred to as the Neutralisation Plant) planned to be built in Tarnów. The project’s implementation will mark another step towards fulfilling the objectives of the Green Deal. It will enhance production efficiency by substantially decreasing the energy intensity of the fertilizer manufacturing process, and helps to reduce energy consumption in the production process by over 250,000 GJ per year.
21.08.2023
Grupa Azoty warns against misleading advertisements
Grupa Azoty urgently advises caution regarding fraudulent video ads circulating online. This deceptive online content exploits Grupa Azoty’s name to lure internet users into clicking on links, falsely promising significant monetary rewards. Particularly misleading is the claim: “Poles earn from PLN 16,000 with Grupa Azoty.” These ads also improperly display Grupa Azoty’s logo and feature images of select Company facilities.
18.08.2023
Grupa Azoty S.A. extends cooperation with COMPO EXPERT GmbH
On August 17th 2023, Grupa Azoty S.A. entered into a new distribution agreement with COMPO EXPERT GmbH. Under the agreement, the offer of Grupa Azoty fertilizers which will be distributed by COMPO EXPERT on foreign markets will be significantly expanded, and the product portfolio will include all nitrogen and compound fertilizers. The contract is open-ended, with the distribution schedule set from October 1st 2023 to December 31st 2024.
17.08.2023
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