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.

Bydgoskie Zakłady Przemysłu Gumowego STOMIL S.A. seated in Bydgoszcz

Description of activity

The company specialises in the manufacture and sale of broadly defined rubber products, i.e. high-pressure hydraulic hoses, industrial hoses, rubber sheets, mattings, conveyor belts, sealings and extruded technical products. This year the company celebrates its 90th anniversary. A recognised brand and trade mark, highly specialised technical personnel and a wide range of products allow for effective competition and contribute to the leading market position of the company.  STOMIL sells its products both on the domestic market (68% of production) and on the foreign market (32% of production). The company’s target customers in Poland are mainly distributors (60%), production companies (30%) and individual customers (10%). On foreign markets as much as 95% of products are sold through distributors, while the remaining 5% are sold to production enterprises. The company exports mainly to EU countries, such as the Czech Republic, Great Britain, Italy, France, Germany and the Netherlands, as well as to Ukraine, Belarus and Russia. Additionally, the company sells its goods in the United States and Australia. Its production capacity is about 5 thousand tonnes of various finished goods each year. This production potential allows to reach a domestic market share between 2% and 50%, depending on the type of assortment (among most popular products are hydraulic hoses, industrial hoses and rubber plates).  The market on which the company operates may be considered as promising. The company's strategic suppliers come from the coal mining and copper mining industry, as well as from the agricultural industry. These sectors will require large investments in the next few years and therefore the company expects an increase in demand for its products in these sectors.  The company's development strategy envisages attracting new domestic and foreign customers (the company plans to expand into markets in Romania, Bulgaria, Sweden and Norway).  The company’s strategy of selective development applies mainly to hydraulic hoses and industrial hoses. Its main goal is to maintain the leading position in sales of such hoses in Poland and to increase sales of hydraulic hoses abroad.

Contact information

Province : kujawsko-pomorskie

Bydgoskie Zakłady Przemysłu Gumowego STOMIL S.A.
ul. Toruńska 155
85-950 Bydgoszcz
ph.: (48 52) 326 42 03
fax: (+48 52) 326 44 17
info@stomil.bydgoszcz.pl
www.stomil.bydgoszcz.pl

Ministry of Treasury
ul. Krucza 36 / Wspólna 6
00-522 Warszawa
Department of Restructuring
ph.: (+48 22) 695-87-10
fax: (+48 22) 695-87-09
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

Performance in thousand PLN


 
2008
2009
2010
Sales revenue
56 791.4
45 192.1
56 034.4
EBITDA
-1 256.7
-2 560.1
-137.1
Net result
-3 388.8
-3 911.6
-1 543.3

Planned privatisation

The sole shareholder of BZPG STOMIL S.A. is the Treasury. Sold will be most of the company shares held by the Treasury, apart from about 15% of shares that will be acquired for free by company employees.

History of privatisation project:
Invitation to participate in a public tender. More information
Extension of the deadline for submitting offers: 30 August 2010
Invitation to participate in a public tender. More information
Invitation to participate in a public tender. More information
Binding offers: 20 April 2010
Investors allowed to participate in negotiations: 15 February 2010
Initial offers: 25 January 2010
Invitation to participate in negotiations: 16 December 2009

Employment

386 employees

Initial capital

PLN 31 076 000.00

President of the Management Board

hdan Stankiewicz

Privatisation advisor

Consortium: ABC Consulting Sp. z o.o. seated in Gdańsk and Kancelaria Radców Prawnych Katarzyna Białkowska-Andrzejewska i Marcin Andrzejewski Spółka Cywilnaseated in Gdańsk

Drukuj
Poleć stronę
Wstecz
Publication date : 26.05.2010
Modification date : 10.11.2011
Katarzyna Szulc