Key highlights
- Grupa Azoty Polyolefins initiates restructuring under PZU.
- Arrangement date set for 28 November 2025.
- Decision follows inability to service current liabilities.
Restructuring Initiative
The Management Board of Grupa Azoty Polyolefins has initiated restructuring proceedings under a Restructuring Approval Procedure (PZU). This move is aimed at enabling the company to continue its operations.
Financial Challenges
The decision comes after the company lost its ability to service current liabilities. An analysis of available corrective tools was conducted to address these financial challenges.
Timeline
The arrangement date for the restructuring has been set for 28 November 2025, marking a significant milestone in the company's efforts to stabilize its financial situation.
