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.

Kopalnia i Zakład Wzbogacania Kwarcytu “Bukowa Góra” S.A. seated in Zagórze - privatised company

Description of activity

The objects of Kopalnia i Zakład Wzbogacania Kwarcytu „Bukowa Góra” S.A. (KiZWK „Bukowa Góra” S.A.) are the extraction and processing of quartzite sandstone used as a base in road and railroad surface construction and in the production of non-structural concrete, as well as industrial quartzite used in metallurgy and refractory industry. The company specialises in the production of washed aggregates (grit, key aggregates, breakstone and industrial quartzite).
The company’s share in the Polish building and road stone market is estimated to amount to approx. 1% – 1.5%. KiZWK „Bukowa Góra” S.A. is well established on the market of aggregate and industrial quartzite production.
Among the company’s key customers and suppliers are companies operating in the rail and road works industry, concrete manufacturers, metallurgical companies, refractory ceramics manufacturers and a variety of other entities. The company conducts its sales mainly on the domestic market. Currently, the annual output is approximately 900 thousand megatons.
The major assumptions behind the company’s development strategy for the upcoming years include:
- generating stable profits from core activities
- gaining greater independence from the current economic circumstances
- modernising technological line to increase the quality and quantity of production
- finding a strategic investor.
Construction of motorways, express roads and railway lines brings about an increase in the demand for primary building materials manufactured in Poland. Therefore, the construction of new communication routes is the major factor shaping the demand for road construction materials, including the demand for aggregates.
The main area of company’s operations is the market of aggregates used in general construction as well as in road and railroad engineering. The demand for aggregates is likely to grow due to the implementation of the national road construction programme.
The demand for construction aggregates is closely correlated with the level of investment expenditures in the areas of: residential and industrial construction; construction, repair and modernisation of railway network and the construction, repair and modernisation of roads. An important factor shaping the demand in construction industry over the next few years is the organisation of the UEFA European Football Championships which will be held in Poland and Ukraine in 2012.

Contact information

Province : świętokrzyskie

Kopalnia i Zakład Wzbogacania Kwarcytu „Bukowa Góra” S.A.
Zagórze 92
26-140 Łączna
Ph. (+48 41) 25 48 211, (+48 41) 25 48 790, (+48 41) 25 48 223
Fax. (+48 41) 25 48 330
www.bukowagora.com.pl

Ministry of Treasury
ul. Krucza 36 / Wspólna 6
00-522 Warszawa
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

Construction

Performance in thousand PLN

 
 
2006
2007
Sales revenue
13 830.9
20 331.2
EBITDA
869.1
2 011.2
Net result
148.8
1 055.3

Planned privatisation

The Treasury hold 100% of the Company's shares. On 23.09.2009 a sales agreement of 90,25% of the Company's shares was signed with PCC SE seated in Duisburg.(Germany).

History of privatisation process:
Invitation to participate in a public auction: More information

Employment

159 people

Initial capital

PLN 7 120 000

President of the Management Board

Jerzy Cukierski

Privatisation advisor

Arcanum Przedsiębiorstwo Doradztwa i Wdrożeń Sp. z o.o., J. Kochanowskiego 59/1 St., 51-602 Wrocław ph./fax. 71 342 66 44

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Publication date : 23.07.2009
Modification date : 21.07.2011
Katarzyna Szulc