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.

Poznańskie Zakłady Sprzętu Ortopedycznego Spółka z o.o. seated in Poznań - privatised company

Description of activity

Poznańskie Zakłady Sprzętu Ortopedycznego was established as a result of the commercialization of the former state-owned enterprise that had been operating under the same name since 1919. The company conducts production, service and commercial activities. A wide offer of the company is addressed mainly to individual customers, disabled people, and firms operating on the orthopaedic market. Owing to its many years of experience and qualified personnel the company has a strong position on the local market. The company's main production activity is the manufacture of orthopaedic devices for the needs of firms all over the country, semi-finished products for building individual orthopaedic supplies, orthopaedic and rehabilitation equipment and a wide range of life-saving products. Through its Orthopaedic Supply Centre and outlets located across the Wielkopolska province, the company provides individual orthopaedic supplies according to measurements taken for artificial upper and lower limbs, orthopaedic shoes and orthopaedic jackets. The company's offer also includes orthopaedic arch supports, wheelchairs, rehabilitation beds, crutches, walking sticks, walking frames, ostomy and urostomy supplies, orthopaedic stabilizers and hundreds of other products that are hardly available on the medical market. At the same time, the company offers the possibility to hire rehabilitation equipment in a wide range. The company plans to expand its sales network outside its facilities and to create a network of rehabilitation services and rehabilitation equipment rental facilities. On the Polish market of orthopaedic products there are 5 leading companies of comparable size, 12 firms operating at the rehabilitation centres and more than 100 private firms, mostly small businesses. Due to the limited mobility of the customers (disabled people), they usually use those firms that have outlets in the vicinity of their homes. Taking into account the present needs of the disabled people that are   provided for by the company on a regular basis, as well as the new needs of people who become disabled because of diseases and accidents,  the demand for PZSO's products is growing. The customer financial capacity is a very important factor determining the absorptiveness of this market. 

Contact information

Province : wielkopolskie

Poznańskie Zakłady Sprzętu Ortopedycznego Spółka z o.o.
Przemysłowa 15/17 St. 
61-579 Poznań
Exchange ph. (+48 61) 833 14 01
Fax (+48 61) 833 09 42
Board secretary's office: ph. (+48 61) 833 73 92
Fax (+48 61) 833 09 42
www.pzso.poznan.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

Performance in thousand PLN

 
 
2007
2008
2009
Sales revenue
4 456.5
4 574.2
4 280.4
EBITDA
247.2
258.4
264.4
Net result
31.4
29.5
17.7

Planned privatisation

On 11 August 2010, the Company's shares were sold to Poznańska Wyższa Szkoła Biznesu with registed office in Poznań.

History of privatization process:
Auction: 12 lipca 2010
Investors allowed to participate in a public auction: 8 July 2010
Invitation to participate in a public auction. More information
Cancellation of the public tender: 25 November 2009
Invitation to participate in a public tender: 17 September 2009

Employment

44 employees

Initial capital

PLN 1 010 000

President of the Management Board

Marek Basaj

Privatisation advisor

Agencja Konsultingu Guspodarczegp Accord Next Sp. z o. o. seated in Wrocław

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Publication date : 20.11.2008
Modification date : 21.07.2011
Katarzyna Łapińska