Polskie Górnictwo Naftowe i Gazownictwo SA and Grupa Azoty SA and its subsidiaries have signed annexes to existing contracts for the sale of gas fuel, extending the term of the contracts until the end of September 2023.

On Monday, June 6th 2022, the Parliamentary Group for Enterprise Development and Support and the Agency for Restructuring and Modernisation of Agriculture are hosting a free webinar for farmers. The event will be held under the patronage of the Chancellery of the Prime Minister and Deputy Prime Minister and Minister of Agriculture and Rural Development Henryk Kowalczyk, who will also be a guest speaker at the webinar. Grupa Azoty partners another event aimed at farmers.

The Grupa Azoty Group has become a partner of another season of Agrorewolucje, a hugely popular online programme about agriculture. The programme will be hosted by leading Polish YouTubers specialising in the Agro content. All farmers need to do to take part in the casting for its 3rd edition is to complete a questionnaire and shoot a short film about their farms. Entries for Agrorewolucje will be accepted until June 12th 2022.

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%.