Locked content Azoty mulls taking over Pogoń Szczecin

Grupa Azoty S.A. is considering acquiring Pogoń Szczecin football team, Krzysztof Jałosiński, the CEO of Grupa Azoty told local radio broadcaster Radio Szczecin. “We see it as a business opportunity. Our activities have nothing to do with CSR, this is just a way of promoting our brand,” Jałosiński s...

Grupa Azoty launches construction of factory

Poland’s largest chemical holding Grupa Azoty has signed an agreement with Uhde Inventa-Fischer on the construction of a new polyamide production unit in Tarnów, southern Poland. The total value of the investment is PLN 320 million.

Locked content ZCh Police to launch new mine in Senegal

Fertilizer producer ZCh Police, part of chemical holding Grupa Azoty, has started construction work on its second phosphorite mine in Senegal, Grupa Azoty deputy CEO Krzysztof Jałosiński was quoted as saying by ISBnews. “By the end of 2015 we would like to expand our mine in Senegal and start phosph...

Locked content Grupa Azoty to get over PLN 2 bln in loans to finance its investments

Polish state-controlled chemical giant Grupa Azoty seeks over PLN 2 billion to finance its investments program, company’s CEO Paweł Jarczewski said in Polish parliament. “We are optimists; there is great interest in participating in the development projects of the group,” Jarczewski said, assu...

Locked content Grupa Azoty with profit despite negative expectations

Poland’s largest chemical holding Grupa Azoty recorded a consolidated net profit of PLN 4.5 million in the third quarter of 2014. Analysts surveyed by the Polish Press Agency had expected a net loss of PLN 7 million. The company’s operating profit amounted to 1.2 million in Q3 compared to an expecte...

Locked content BGK co-finances Grupa Azoty CHP plant

Fertilizer producer Grupa Azoty Zakłady Azotowe Kędzierzyn (Grupa Azoty ZAK) has signed an agreement with state-owned lender Bank Gospodarstwa Krajowego (BGK) on a PLN 256 million term loan, the bank said in a statement on Wednesday. The financing is part of the Polish Investments program. The loan ...

Locked content PKP Cargo seals contract with Grupa Azoty

Railway freight transportation company PKP Cargo has secured a two-year contract with Poland’s largest chemical holding Grupa Azoty, the railway firm said in a statement on Tuesday. The new contract extends PKP Cargo’s services to further subsidiaries of Grupa Azoty. It will require the firm to oper...

Elements for success

Poland’s chemical industry is back on track for growth. It continues to improve its position globally with the help of strong investment and recent consolidation in the sector