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Grupa Azoty with PLN 86m in net profit after Q1
After Q1 2021, the Grupa Azoty Group reported consolidated revenue of PLN 3,362m, an increase of PLN 258m relative to the same period of 2020. Despite higher average prices of most raw materials, including natural gas, EBITDA came in at PLN 405m. Net profit for the period amounted to PLN 86m and EBITDA margin was 12.0%.
13.05.2021
Changes in composition of Grupa Azoty Management Board
On May 13th 2021, the Supervisory Board of Grupa Azoty S.A. appointed Marek Wadowski to the Company's Management Board of the new 12th term of office as its Vice President, with effect as of May 18th 2021. The Supervisory Board also appointed Zbigniew Paprocki as Member of the Management Board, with effect as of May 18th 2021.
13.05.2021
Grupa Azoty becomes CEE’s first company to offer fully biodegradable plastics
Grupa Azoty S.A. has launched a pilot line for the production of thermoplastic starch, with a capacity of 300,000 per year. The company has also signed cooperation agreements with Polska Grupa Opakowaniowa Opakomet S.A. and the Forestry Research Institute, as well as a letter of intent with the State Forests National Forest Holding. The signing of the documents, confirming the high business potential of the solution, took place at the Grupa Azoty Research and Development Centre in Tarnów on May 11th 2021.
11.05.2021
The fourth 4-wheel drive edition of Grupa Azoty’s lottery ‘We Care for the Polish Land’ is now underway
The grand prize is a John Deere 5058E tractor, and in addition every day participants can win up to four prizes of PLN 1,000 each.
01.02.2021
Grupa Azoty supports farmers in soil testing
With the use of AgroCares scanners, Grupa Azoty representatives are now able to perform quick soil testing for farmers across Poland. Based on positive experiences gathered in the pilot phase, all Company representatives working with farmers across the country will be equipped with soil scanners starting this year. Grupa Azoty CEO Tomasz Hinc handed over soil scanners to Field Representatives during an official ceremony held at the Fertilizer Trade Centre in Tarnów on January 21st.
21.01.2021
New President of Grupa Azoty Management Board
On November 13th 2020, the Supervisory Board of Grupa Azoty S.A. resolved to appoint Mr Tomasz Hinc as President of the Grupa Azoty Management Board, with effect from December 1st 2020.
16.11.2020
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