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.

BRECO Sp. z o.o. seated in Bielsko - Biała - privatised company

Description of activity

BRECO’s business is the production of runners and other floor coverings using the Araloopa technology (unwoven cloth technology). Also, the Company produces transportation interlayers with the use of the Maliwat technology (non-woven thread stitch technology), needled non-wovens as well as RKL garnetted stock (recycling). 80% of Company’s output is exported. Runners and mats are mainly exported to Ukraine, transportation interlayers to Germany, Scotland, France, needled non-wovens to Netherlands and Czech Republic. The leading BRECO product is primarily the manufacture of needled non-wovens, which are mainly sold to tufting (floor covering) manufacturers to be used as padding, as well as geotextiles for the construction of roads, motorways, melioration, roof coverings. The second most important business area of the Company is the recycling of textile waste with subsequent utilization of such stock in the production of transportation interlayers, RKL needled non-wovens as well as other component type products. Statistical data obtained by the Company as well as the data received from the Association of Geotextile and Geosynthetics Manufacturers show a stable growth of demand both domestic and worldwide for the products on which BRECO intends to focus their business activity in the following years.

Contact information

Province : śląskie

BRECO Sp. z o. o.
Komorowicka 43
43-300 Bielsko-Biała
exchange ph.: (+48 33) 499 43 00
Secretary Office ph: (+48 33) 499 43 01
fax: (+48 33) 499 43 03
www.breco.pl

Ministry of Treasury
ul. Krucza 36 / Wspólna 6
00-522 Warszawa
Department of Privatisation
ph.: (+48 22) 695 87 22, 695 87 05
fax: (+48 22) 695 88 18
Investor Realtions 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

Performance in thousand PLN

 
 
2008
2009
2010
Sales revenue
11 581.7
10 222.3
9 888.9
EBITDA
510.7
1 440.0
1 236.3
Net result
-2 528.0
112.6
-14.6

Planned privatisation

On September 13, 2011 the agreement on selling the 85% shares of Breco sp. z o.o. seated in Bielsko-Biała has been concluded. The sale has been concluded via negotiations procedure taken upon public invitation. The buyer is CONCORDIA 1833 sp. z o.o. seated in Leśna.

History of privatisation process:
Binding offers. 7 July 2011
Initial offers. 3 June 2011
Invitation to participate in negotiations. More information
Decision to withdraw from negotiations: 02 January 2009
Initial offers: 8 December 2008
Invitation to participate in negotiations: 13 November 2008

Employment

37 employees

Initial capital

PLN 4 600 000.00

President of the Management Board

Jerzy Kanik

Privatisation advisor

Budoserwis Z.U.H. Sp. z o.o. with registered office in Chorzów

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Publication date : 08.05.2009
Modification date : 27.09.2011
Katarzyna Szulc