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 Aparatury Elektromedycznej FAMED ŁÓDŹ S. A. seated in Łódź - privatised company

Description of activity

FAMED Łódź is one of the leading Polish and worldwide known manufacturers of high quality electromedical equipment and apparatus. It specializes in the production of operating and examination lights. Its offer also includes diagnostic lights and germicidal lamps, air-flow germicidal units and X-ray film viewers. The Company’s customers include Public Health Service entities, Private Health Service entities (clinics, surgeries, veterinary clinics), beauty salons and domestic and foreign distributors of medical equipment. Despite strong competition the Company’s share in the domestic market is estimated at 9 percent. Thanks to the competitive prices and easy operation, Company’s products may be exported to the markets characterized by lower level of medical equipment maintenance and repair services. FAMED cooperates with reputable suppliers of raw materials and parts, such as ELFA Elektronika Sp. z o.o., Elektrogiełda Spółka Jawna (electrical and electronic components), Centrostal S.A., Huta Szkła Jasło Sp. z o.o. and Xenon Spółdzielnia Pracy (plastics). The Company’s strategy is mainly focused on the development of light generation technologies in view of the needs of the market of medical services. The Company plans to invest in further improvement of the equipment for lighting a surgeon’s workplace. The Medilux light range as well as audio-video lines used at the operating theatres will be modernized. The offer will be extended by a range of LED-based lights. The Company has technologies that could be used in quite new production branches and in equipment dedicated to new customers. FAMED makes sure that its products have all the necessary certificates to allow their sale within the European Union. Industrial models are registered on an ongoing basis.

Contact information

Province : łódzkie

FAMED ŁÓDŹ S. A.
Szparagowa 2 St. 
91-211 Łódź
Exchange: ph. (+48 42) 253 68 00
Fax (+48 42) 65588 97
Secretary’s office: ph. (+48 42) 253 68 02
www.famed.pl 
 
Ministry of Treasury
ul. Krucza 36 / Wspólna 6
00-522 Warszawa
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

 
 
2007
2008
2009
Sales revenue
8 500.0
6 899.9
6 470.8
EBITDA
328.0
-184.8
-528.3
Net result
-65.0
-578.8
-931.6

Planned privatisation

On 19 August 2010, a sales agreement was signed to sell 665.500 shares of the Company to the Company Famed Nowe Technologie S.A.. in which 51% of the shares is owned by the privatised company's employees.

History of the privatisation process:
Binding offers: 23.08.2009
Due dilligence: 16.06.2008
Invitation to participate in negotiations: 04.03.2008
 

Employment

93 employees

Initial capital

PLN 7 300 000.00

President of the Management Board

Marek Skoczylas

Privatisation advisor

Przedsiębiorstwo Doradztwa i Wdrożeń ARCANUM Sp. z o.o. in Wrocław

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Publication date : 23.12.2008
Modification date : 21.07.2011
Monika Groszkowska