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.

Białostockie Przedsiębiorstwo Instalacji Elektrycznych w Białymstoku Sp. z o.o. seated in Białystok - privatised company

Description of activity

The core activity of BPIE is the provision of services in the execution of electrical systems and the installation of electrical power and distribution equipment for road construction, residential construction, industrial and public utility purposes. These services include, in particular, electrical works, internal power installations, lighting, controlling, signaling and automation systems in residential, general and industrial buildings, outdoor lighting systems of roads, parks, gardens and buildings, lightning protection and surge protection systems; street traffic lights, medium- and low-voltage cable lines, transformer stations for utility and industrial power engineering systems, installation of switchgears for electrical systems and industrial automation, supply and installation of power generators and uninterruptible power supplies, periodic inspection of electrical equipment and wiring, and measurements of electrical systems. The Company’s coverage is the Bialystok agglomeration and Podlaskie voivodeship. The main customers for electrical works carried out by BPIE are local government units in Podlaskie voivodeship, as well as road and construction companies and individual customers.
BPIE is one of the oldest electrical companies in the region. Currently approx. 20 companies with similar business profile and size of employment operate in Bialystok and the region. The Company main strategic objectives include: the optimisation of the Company's assets and existing staff resources, and the diversification of the portfolio of orders through the expansion of activities in the comprehensive renovation services with electrical systems as a leading profile.

Contact information

Province : podlaskie

Białostockie Przedsiębiorstwo Instalacji Elektrycznych w Białymstoku Sp. z o.o.
ul. Kombatantów 2
15-110 Białystok
Katarzyna Bieszke, Chairman of the Board
ph.: (+48) 603 178 703
Anna Cichończyk, Assistant of the Chairman of the Board
ph.: (+48 85) 675 30 50
www.bpie.pl

Ministry of Treasury
ul. Krucza 36 / Wspólna 6
00-522 Warszawa
Department of Privatisation
ph.: (+48 22) 695 87 22, 695 87 05
fax: (+48 22) 695 88 18
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

Branch

Construction

Performance in thousand PLN

The results of state-owned enterprise
(BPIE has been operating as a company from 1 April 2010)

 
2007
2008
2009
Sales revenue
2493
2320
3185
EBITDA
3167
8
-201
Net result
2306
6
-206

Planned privatisation

On 28 July 2011 Ministry of Treasury and SAMASZ Sp. z o.o. seated in Białystok signed a sales agreement regarding the sale of 11 900 of the company’s shares constituting 85% of the company’s initial capital.

History of the privatisation process:
Auction: 21 July 2011
Invitation to auction. More information
The public tender has been canceled. 1 March 2011
Invitation to participate in a public tender. More information
Cancellation of the tender: 18 February 2011
Invitation to participate in a public tender. More information
Closing the unresolved tender
Invitation to participate in public tender. More information
 

Employment

30 employees

Initial capital

PLN 700 000.00

President of the Management Board

Katarzyna Bieszke

Privatisation advisor

BAA Polska Sp. z o.o. with registered office in Warsaw

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Publication date : 23.12.2010
Modification date : 28.07.2011
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