Press releases

The financial effect of the implementation of the Reorganisation Plan, which was officially adopted in August by the company’s management, may account for approximately PLN 600 million by 2015. Ciech focuses on an improvement in its financial standing...

Zakłady Chemiczne Zachem SA, a company of the Ciech Group, signed with Prochem S.A., which is listed on the stock exchange, a contract pursuant to which the latter company is to be the General Contractor...

Within the framework of restructuring the Ciech Chemical Group sold 45,4% stake in Polskie Towarzystwo Ubezpieczeń SA to Gothaer Insurance Group for approximately PLN 136 million...

Trade unions at Zachem reached an agreement with the Management Board of the Bydgoszcz company and resigned from taking strike actions...

Sale of subsidiary Ciech Service, appointment of the Management Board for the next term of office and completion of formalities concerning loan agreements with banks...

The largest chemical holding in Poland is actively adapting to new post-crisis operating conditions in local and global chemical markets. Securing stable financing marks a new phase in the Company’s restructuring efforts,...

On May 13, 2010, listed on the Warsaw Stock Exchange the Ciech and Azoty Tarnów signed an intention letter on commencement of negotiations about purchase by Azoty Tarnów...

Ciech Chemical Group signed an agreement with a consortium of seven banks concerning consolidation and refinancing of its debt accounting for PLN 1.3 billion...

Despite the increasingly worse situation in the chemical industry over 2009, Ciech Chemical Group managed to maintain the revenues at the 2008 level and achieved a positive operating result...

Air Products (NYSE:APD), the largest provider of technical gases in Poland, and the Ciech Chemical Group (WSE: CIE), the largest chemical company in Poland, signed a long-term contract today for the supply of TDA (meta-toluenediamine) to Zachem SA...

Despite difficult macroeconomic conditions, after three quarters 2009 Ciech Chemical Group generated PLN 2.72 billion of sales revenues and PLN 140 million of the operating profit...

On September 29th, 2009, the terms and conditions promised in the contract for sale and desalination of caverns concluded between Sodawerk Stassfurt, a 100% subsidy of Ciech, and RWE, German energy group, were fulfilled...

Zachem is going to receive approximately PLN 28 million worth subsidy from the European Union. Thus, Bydgoszcz-based company of Ciech Chemical Group will cover one half of eligible costs of the project ...

In the first half year, Ciech Chemical Group generated sales revenues of PLN 1.85 billion and achieved net result exceeding PLN 35 million...

Ciech Group continues to reorganize its debt structure. After abandoning the violation of the terms and conditions of the loan agreement for the purchase of shares at ZCh Organika-Sarzyna...