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.

Fabryka Elementów Złącznych S.A. seated in Siemianowice Śląskie

Description of activity

The factory specializes in the production of steel fastening elements – bolts, nuts, spring washers, fastening elements for rail track structures, mining support elements, and provides a wide range of special products. All products are manufactured in accordance with stringent domestic and international standards (DIN, ISO and more). FEZ, being one of the oldest bolt manufacturing plants in Poland has a strong and well-established position on the market (3.-4. place among companies with the similar profile). The company’s products are primarily sold to customers in the railway infrastructure and mining industries. Accordingly, there is a strong correlation between prospects for FEZ development and the general level of investment in these two sectors. Steel and electric power prices are further factors that influence the company’s results. Company’s products are also purchased by customers operating in the transport, industrial construction and machine-building industries. Furthermore, broad experience, professional approach and outstanding product quality has attracted international customers to the company. FEZ fulfils orders, and takes part in tenders as a sub-contractor. The machinery park modernization is essential for further development of the factory and expansion on other markets.

Contact information

Province : śląskie

Fabryka Elementów Złącznych S.A.
Fabryczna 14 St.
41-100 Siemianowice Śląskie
Exchange ph.: (+48 32) 228 43 31
Board Secretary's Office ph.: (+48 32) 220 51 32
fax: (+48 32) 228 84 05
www.fez.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
Public Relations Office
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
27 154.9
24 922.3
24 157.3
EBITDA
1 286.0
-123.7
57.2
Net result
291.1
-935.6
-466.2

Planned privatisation

The Treasury owns 100% of the shares in the Company. The investor should be capable of reconstitution of company’s productive capital and finding new markets for products. April 30, 2012 was a deadline to submit binding offers regarding purchasing 85% of the shares of the Company. Within the prescribed time limit there were four binding offers submitted.

History of the privatisation process:
Due diligence: 9 March 2012
Initial offers: 29 February 2012
Invitation to participate in negotiations. More information
Cancellation of auction: 3 October 2011
Invitation to participate in auction. More information
Cancellation of the auction: 10 January 2011
Invitation to participate in the auction: 6 December 2010
Cancellation of the auction: 22 September 2010
Invitation to participate in a public auction. More information
Cancellation of the public tender: 13 January 2010
Invitation to participate in a public tender: 8.12.2009

Employment

146 employees

Initial capital

PLN 9 000 000.00

President of the Management Board

Jerzy Kasperek

Privatisation advisor

ABC Consulting Sp. z o.o., Kancelaria Radców Prawnych Katarzyna Białkowska-Andrzejewska and Marcin Andrzejewski Spółka Cywilna with registered office in Gdańsk

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Publication date : 20.11.2008
Modification date : 24.05.2012
Agnieszka Steindl