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Grupa Azoty corporate and labor developments

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2026-09-02 22:02 UTC → 2026-09-08 09:34 UTC · added removed

Grupa Azoty corporate and legal labor developments

Grupa Azoty has faced significant internal and legal challenges regarding its investment projects and corporate structure. In August 2026, the company notified the prosecutor’s office concerning the Polimery Police investment project. Małgorzata Królak, president of Grupa Azoty Polyolefins, indicated that the company faces “multi-billion PLN damages that could lead to bankruptcy” due to decisions made despite known risks, excessive debt, and potential criminal activity related to starting production without required permits. By September 2026, the company reported improved second-quarter financial results, with an EBITDA of 294 million PLN, marking an increase of 365 million PLN compared to the previous year. same period in 2025. Vice President Jacek Podgórski noted that geopolitical instability in the Middle East and the blockade of the Strait of Hormuz increased energy raw material prices, driving European interest in local production. However, the group continues to face structural pressure. Labor unions from faces escalating labor disputes. At Siarkopol, a subsidiary of Grupa Azoty, have called subsidiary, the NSZZ Solidarność union has scheduled a strike referendum for September 10 and 11. Demands include the unit restoration of collective labor agreement provisions, payment of overdue benefits, and a gross base salary increase of 1,000 PLN. The union has also appealed to be separated Prime Minister Donald Tusk to separate Siarkopol from the group and merged merge it with Enea. The Solidarność union argued that Enea, arguing the current organizational structure prevents blocks over 100 million PLN in necessary investments, specifically regarding new sulfur deposits, which could increase Poland’s reliance on imported raw materials. deposit investments. Simultaneously, workers at Zakłady Azotowe Puławy are engaged in a collective dispute. While management has proposed a base salary increase, union representatives stated the offer falls significantly short of their 1,500 PLN monthly demand.

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  1. 2026-09-08 09:34 UTC Grupa Azoty corporate and labor developments
  2. 2026-09-02 22:02 UTC Grupa Azoty corporate and legal developments

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