Description of activity

The Company's scope of business includes manufacturing and services related to clothing. In particular, it is involved in sewing trousers for clothing companies belonging to German concern Ahlers AG with its registered office in Herford, as well as preparation of industrial fabrics cuttings.  The Company's production capacity (machinery and human potential) allows to sew up to 4000 pieces of trousers a day. The production takes place with the use of materials provided by the customer and according to his designs. As a result, the entity does not supply raw materials or distributes ready products. The Company is in possession of land of total area of 2.3520 hectares, of which 0.0957 hectares is owned Lubinex and the remainder is held in perpetual usufruct. Additionally, the Company is the owner of building structures located on the land. Formally, Lubinex is not active on the market. This is due to the Company's business involving provision of services to the client (and its subsidiaries) being the majority shareholder of the Company.