Grupa Azoty – the largest Polish chemical concern – new Member of TGE
Grupa Azoty has acquired the Exchange Member status on the Commodity Market.
“Entrance of the European leader of the chemical sector on the stock exchange is a great distinction for TGE and a proof of confidence placed in wholesale gas and electricity markets run by TGE,” says Piotr Zawistowski, acting President of TGE.
“TGE is a place where transparent transaction procedures ensure formation of market prices of energy and gas, raw materials which are vital for activity of Grupa Azoty. Our presence on TGE allows us to influence the future of the exchange commodity market,” says Tomasz Hinc, the Vice President of Grupa Azoty.
Grupa Azoty operates in the fertilizer and chemical sector in Europe and is currently the EU’s number two manufacturer of nitrogen and compound fertilizers. The Company has been listed on the Warsaw Stock Exchange, TGE‘s parent company, for nearly a decade and it is included in the WIG-CHEMIA, WIG30, mWIG 40, WIG, and WIG-Poland indices. Since 2009, Grupa Azoty has also been part of the RESPECT Index, the first CSR-focused stock market index in Central and Eastern Europe. In addition, Grupa Azoty is a component stock of foreign indices, such as MSCI Emerging Markets Index, FTSE Emerging Markets Index and FTSE4Good Emerging Index. In 2015 Grupa Azoty, as the first Central European company, was listed among 40 most influential entities in the global chemical industry.