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.

Białostockie Przedsiębiorstwo Robót Zmechanizowanych i Maszyn Budowlanych Sp. z o.o. seated in Białystok

Description of activity

Białostockie Przedsiębiorstwo Robót Zmechanizowanych i Maszyn Budowlanych Sp. z o.o. (BPRZiMB Sp. z o.o.) is a service and manufacturing company. It operates in the broadly defined market of construction-related services and products forming the base of the construction industry.
The core activity of the Company is hire of construction equipment along with operator services (e.g. tower cranes, auto cranes, earthwork machines), as well as major repairs, damage repairs, as well as service and maintenance of lifting devices (especially tower cranes, cranes, and other vertical handling devices).
The Company also provides services in scope of overhaul and repair of construction machines (own and external) and precasting and installation of steel structures. The Company also manufactures wire rope slings and provides equipment services for individual customers, as well as welding and locksmithing services.
The main customers of the Company are entities operating in the local construction market, engaged in the manufacture of residential and industrial buildings, and in the road works sector (construction of roads). Terms and condition of cooperation with individual entities are defined on an individual basis for each project and customer. Most customers of the Company are its long-term partners. The Company’s main suppliers are companies providing fuels, steel, spare parts for overhauls and repairs, steel ropes and supplementary materials for the manufacture of wire rope slings.
The main competitors of BPRZiMB Sp. z o.o. in the sector of equipment services are small privately-held companies conducting a similar type of activity. In the sector of steel structures, the Company’s competition are large plants specializing in manufacture of steel structures, having own design studios and extensive technical facilities, and operating both on domestic and European market, as well as newly created small private companies.
The Company operates in the local market on the territory of the Podlaskie Province. In the sector of manufacture of steel structures, the Company tries to fill the market gap with respect to such services and reach small, local investors. The Company is in the field of interest of construction companies as a potential subcontractor for this type of services for the investments implemented by such companies.
The strategic goal of the Company is to retain the status of a leader in the sector of tower cranes, and to enter the market of construction works and road works under its own brand. The Company also plans to further develop its service and trade activity directed at individual customers.

Contact information

Province : podlaskie

Białostockie Przedsiębiorstwo Robót Zmechanizowanych i Maszyn Budowlanych Sp. z o.o.
ul. gen. Fr. Kleeberga 12
15-691 Białystok
ph.: (+48 85) 65 30 202
fax: (+48 85) 65 30 227
biuro@bprzimb.com.pl
www.bprzimb.com.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

Branch

Construction

Performance in thousand PLN

 

 
2008
2009
2010
Sales revenue
6 141.7
3 208.0
3 046.0
EBITDA
469.7
-44.0
-106.9
Net result
244.4
-236.0
-249.1

Planned privatisation

The Treasury holds 100% of the company shares. Sale of 85% of company share capital is planned by way of negotiations undertaken on the basis of public invitation. The remaining 15% of shares, in accordance with the Act on Commercialisation and Privatisation, will be intended for implementation of the process of providing shares free of charge to the eligible employees. On 4 January 2012 Ministry of Treasury and ARSENAL LTD Sp. z o.o. seated in Białystok signed a draft agreement regarding the sale of 85% of the company’s shares.

History of privatisation process:
Negotiations: 24 November 2011
Binding offers: 28 October 2011
Due diligence: 12 October 2011
Initial offer: 7 October 2011
Invitation to negotiations. More information
Withdrawing from negotiations: 17 June 2011
Offer: 29 April 2011
Invitation to negotiations. More information
Cancellation of auction: 16 November 2010
Invitation to participate in a public auction. More information
Cancellation of the auction: 30 September 2010
Invitation to participate in a public auction. More information
Cancellation of the auction: 28 June 2010
Invitation to participate in a public auction. More information
Cancellation of the auction: 28 April 2010
invitation to participate in a public auction: 15 March 2010
Cancellation of the auction: 22 February 2010

Employment

60 employees

Initial capital

PLN 450 000 00.00

President of the Management Board

Konrad Kidawski

Privatisation advisor

The process of selection of privatisation advisor is underway.

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Publication date : 30.09.2009
Modification date : 05.01.2012
Katarzyna Szulc