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.

Kopalnie Odkrywkowe Surowców Drogowych S.A. seated in Wilków

Description of activity

For several decades the company has been mining and processing basalt from the Trupień mountain deposit. The grits, mixes and basalt breakstones manufactured by the company are sold solely in Poland (100% of manufacture). The main buyers of the aggregates are road and bridge building companies. The company’s production capacity is 220 thousand tonnes annually. Similarly to other economy sectors, management of basalt aggregates for the road and bridge construction sector is subject to market rules. This is visible in the domestic basalt aggregate manufacturer structure, which has been dominated since few years by the private sector. These materials are traded almost entirely by private companies. Business is therefore dependent on the market and on competition in the road sector. It is anticipated that in the next few years the demand for the aggregates manufactured by the company will remain at a stable level, mainly due to the road constructions conducted as part of the preparations for EURO 2012.

Contact information

Province : dolnośląskie

Kopalnie Odkrywkowe Surowców Drogowych Sp. z o.o.
59-500 Złotoryja
Tel. (+48 76) 878 36 37
Tel. (+4876) 878 19 82
www.kosd.net.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
inwestor@msp.,gov.pl
www.msp.gov.pl

foto

Performance in thousand PLN

 
   
2008
2009 2010
Sales revenue
7 045.9
5 205.5 4 755.8
EBITDA
868.0
387.2 -10.6
Net result
373.9
14.4 -339.9

Planned privatisation

The Treasury holds 100% of the company’s shares. The Ministry of Treasury intends to sell up to 85% of the shares through a public tender. The remaining 15% of the shares will be transferred free-of-charge to the company’s eligible employees.

History of the privatisation process:
Cancellation of auction: 9 July 2010
Invitation to participate in a public auction. More information
Conclusion of the public tender: 05.05.2010
Invitation to participate in a public tender: 01.04.2010
 

Employment

39 employees

Initial capital

PLN 1 700 000

President of the Management Board

Antoni Gawlik

Privatisation advisor

Budoserwis Z.U.H. seated in Chorzów

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Publication date : 07.01.2010
Modification date : 25.10.2011
Katarzyna Szulc