Company Profile

The information below does not constitute any invitation or offer to sell, invest in or trade, nor does it constitute any invitation to place any offer to purchase, invest in or trade the securities. The information presented herein is up to date as on the date of publication. For more information, please contact Investor Relations Centre, tel: (+48 22) 695 90 01-02, e-mail: investor@msp.gov.pl.

Bank Gospodarki Żywnościowej S.A. seated in Warsaw

Description of activity

BGZ bank is one of the leading universal banks on the Polish market, providing services for the agriculture/farming,  food processing sector and regional infrastructure.
The BGZ bank’s customers dispose of modern and comfortable banking solutions. The bank has an extensive network of 350 branches and 20 external banking outlets. Thanks to agreements on mutual commission-free ATM services the Bank’s customers have a nationwide network of over 3.500 ATMs at their disposal. The bank provides access to its services thanks to advanced information technologies like Internet Banking System, a phone service TeleBGŻ as well as so-called Home Banking.
Complying with the assumptions of its strategy, the Bank intends to strengthen its position on the Polish market. It will be executed by the development of traditional and virtual distribution channels as well as further optimization of internal processes and support for business activity. The bank will focus on the development of CRM models, the improvement of operational effectiveness and human resources management.

Contact information

Province : mazowieckie

Bank Gospodarki Żywnościowej S.A.
ul. Kasprzaka 10/16
01-211 Warsaw 
Switchboard tel.: (+ 48 22) 860 40 00
Fax (+48 22) 860 50 00
Office of Management Board tel.: (+48 22) 860 40 10
www.bgz.pl

Ministry of Treasury
ul. Krucza 36 / Wspólna 6
00-522 Warszawa
Department of Capital Markets
ph.: (+48 22) 695 87 04
fax: (+48 22) 695 87 01
Investor Relations Centre
ph.: (+48 22) 695 90 01
ph.: (+48 22) 695 90 02
fax: (+48 22) 629 98 38
investor@msp.gov.pl
www.msp.gov.pl

foto

Branch

Finance

Performance in thousand PLN

 
 
2008
2009
2010
Sales revenue
1 698 270.0
1 556 047.0
-
EBITDA
-
-
-
Net result
206 150.0
107 991.0
112 500.9

Planned privatisation

On 26 May 2011 the Treasury sold 5.200.000 of ordinary shares constituting 12.05% of the bank’s initial capital. After conducting the transaction, the Treasury’s stake accounts for 25.7%. Bank Gospodarki Żywnościowej S.A. was floated on WSE on 27 May 2011. The number of shares sold is 5.200.00, whereof 1.560.000 was sold to individual investors, 3.640.000 to institutional investors. Issue price of 1 share was PLN 60. Total value of the offer amounted to PLN 312.000.000.
 

History of privatisation process:
Initial public offering.
Global co-ordinators. More information
Decision of Rabobank and Ministry of Treasury on IPO. More information

Employment

5 471 employees

Initial capital

PLN 43,136,764.00

President of the Management Board

Jacek Bartkiewicz

Privatisation advisor

Deutsche Bank Polska SA with its registered seat in Warsaw

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Publication date : 06.05.2009
Modification date : 01.09.2011
Katarzyna Szulc