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Azoty issues shares to State Treasury as part of recovery plan
ParkietLO·PL·1 day ago
Grupa Azoty's extraordinary general meeting approved a share issuance of up to 33.7 million zlotys directed to the State Treasury, with proceeds earmarked for group modernization. The move signals continued state support for the Polish chemical group amid financial strain. Market impact is limited given the modest size, but it underscores fiscal involvement in the sector.