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.
Grupa Azoty has named the best Employee Volunteering initiatives. The judging panel have selected 14 projects proposed by employees of the Grupa Azoty Group companies. As in the previous edition of the Programme, most of the ideas put forward were related to ‘Green Azoty’, a strategic project of the Grupa Azoty Group. Each winner will receive PLN 6,000 to finance implementation of the initiative they developed.
Grupa Azoty is set to launch a refreshed version of its Idea4Azoty programme, which aims to facilitate collaboration between Grupa Azoty and providers of innovative solutions for industrial applications. The project is targeted at universities, research institutions and start-ups.
In connection with what is happening in Ukraine, companies of the Grupa Azoty Group are taking a number of initiatives to support Ukrainian refugees fleeing the war. The relief efforts of all state-owned enterprises are being coordinated by the Polish Ministry of State Assets and Ministry of the Interior and Administration.
Consolidated revenue for the third quarter of 2021 was PLN 3,882m, up PLN 1,466m year on year. EBITDA came in at PLN 300m (up PLN 50m year on year). However, comparable EBITDA adjusted for one-off items comprising sectoral compensation payments and the government anti-crisis shield scheme was PLN 130m higher year on year in the third quarter of 2021. EBITDA margin was 7.7%.
The Grupa Azoty 2021–2030 Strategy is a response to challenges posed by the contemporary world, covering environment, society and its safety. The document envisages a number of specific measures driven by the Group’s climate and energy transition policy. The new strategy provides for the launch of the ‘Green Azoty’ project, intended mainly to decarbonise and reduce emissions from the Group’s production units, implement R&D projects that are consistent with the European Green Deal and deploy new solutions in the area of environmentally friendly, zero carbon renewable energy sources, including solar photovoltaics and wind power. In line with the adopted objectives, the total capacity of new renewable energy sources will reach ~300 MW in 2030. The entry into the wind power and SMR segments contemplated by the Group may deliver additional several hundred MW from zero-carbon energy sources.