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.

Przedsiębiorstwo Wydawnicze „RZECZPOSPOLITA” S.A. seated in Warsaw

Description of activity

The company's main business is publishing. Since 1987, the company has published an entertainment crime thriller "Detective" magazine and "Detective - Special Edition", which have a strong market position and a number of regular readers. The monthly is also sold in the U.S. and Canada. In addition, readers of "Detective" can find much information about the magazine in the company's portal e-detektyw.pl.  E-detective is not the only Internet project implemented by the entity. PWR S.A. also runs the portal plus50.pl, which is an information, entertainment and social networking portal addressed to users over fifty years of age. The above-mentioned portal features press releases dedicated to health, psychology, beauty, but also practical legal and economic information. Another portal owned by the company zamiastem.pl encourages to relax in interesting places, shows how to cultivate gardens and provides advice on natural methods of health care. The company also sells books, among others, through its own on-line store (www.107aleja.pl).  In view of the increasing role of electronic media, one of the priorities of PWR S.A. is to use the opportunities offered by the Internet. Therefore, the company plans to start selling books in the form of the so-called e-books. Currently, the company is implementing the Recovery Program adopted by the General Meeting of Shareholders, which aims at increasing the company's financial liquidity and improving its competitiveness in the publishing market.

Contact information

Province : mazowieckie

Przedsiębiorstwo Wydawnicze „RZECZPOSPOLITA” S.A.
Jerozolimskie 107 Av.
02-011 Warsaw
Switchboard: ph. (+48 22) 429 24 00
Fax (+48 22) 429 25 90
Office of the Management Board ph. (+48 22) 429 24 32
www.pwrsa.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


  2009 2010 2011 (until IX)
Sales revenue 5 545.1 4 545.5 3 203.7
EBITDA -5 064.5 -594.1 782.2
Net result -9 742.8 -3 903.7 42.6

Planned privatisation

100% of the shares is held by the Treasury. Planned privatisation procedure: negotiations undertaken on the basis of public invitation. On the 24th of June 2009 Ministry of Treasury decided to finish the privatisation process without determining the result of privatisation procedure.

History of privatisation process:
Minister of Treasury's call to complete binding offers: 26.03.2009
Initial offers: 31.12.2008
invitation to participate in negotiations: 03.12.2009

Employment

19 people

Initial capital

PLN 40 000 000

President of the Management Board

Maciej Olender (Member of the Management Board)

Privatisation advisor

Doradztwo Gospodarcze DGA S.A. seated in Poznań

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Publication date : 12.12.2008
Modification date : 29.11.2011