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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.

Zakłady Sprzętu Precyzyjnego NIEWIADÓW S.A. seated in Niewiadów

Description of activity

Zakłady Sprzętu Precyzyjnego „NIEWIADÓW” S.A. is a domestic leader in the production of trailers. The company's offer includes luggage trailers, cargo trailers, box van and commercial trailers, boat trailers and caravans. The largest outlets for this group of products are: France, Denmark, Finland, Sweden, Czech Republic and Germany. The trailers from Niewiadów are offered through hypermarket chains, such as Univert (France), Nor Auto and Praktiker. In Poland, their distribution is based on the network of 52 dealers. Retail sale is carried out by the factory shop and an on-line shop. The company's maximum production capacity is estimated at a level of 25 000 trailers per year. Approximately 75% of the production in this segment is sold abroad. The share of Zakłady Sprzętu Precyzyjnego „NIEWIADÓW” in the domestic trailer market is estimated at approx. 10% with the yearly absorptiveness of nearly 35 000 units. The second important field of company's activity is the production of home appliances, especially dryers for food products. The company's maximum production capacity in this segment is estimated at about 160 000 units per year. Also, the Factory has a tooling plant with a capacity of 65,000 working hours, specialising in the production of injection moulds and punching dies. The last field of "NIEWIADÓW” activity is a special production, mainly for military needs. The company has well-developed infrastructure. Situated within the area of 25.6 hectares there are 52 buildings with the total usable area of 58 165 m2. The company's strategy aims to extend the line of currently produced caravans by "sandwich" and "sandwich-laminate" caravans, to develop a line of specialist trailers, to improve its manufacturing processes and make use of standard components supplied by specialist suppliers, to introduce a product line designed for preparing and storing health food. Among the new products there should also appear refrigerators for fruits and vegetables, steam cookers for vegetables, meat and fish, and plastic post boxes for the needs of EU countries. The stock of machinery will be expanded in order to start the processing of plastics for the needs of automotive industry.

Contact information

Province : łódzkie

Zakłady Sprzętu Precyzyjnego „NIEWIADÓW” S.A.
Osiedle Niewiadów 49
97-225 Ujazd
exchange ph.: (+48 22) 719 20 00
Board Secretary's Office ph.: (+48 22) 719 36 40
fax: (+48 44) 719 20 16
www.niewiadow.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 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

Branch

Transport

Performance in thousand PLN


 
2007
2008
2009
Sales revenue
70 100.0
48 501.3
57 635.0
EBITDA
-80.0
-15 438.9
-1 549.0
Net result
3 100.0
-19 372.0
-7 006.0

Planned privatisation

The State Treasury remains the owner of 100% of the shares in the company. 15% of the shares is assumed to be handed over to authorized employees (1805 people). The remaining 85% of the shares will be sold. The potential investor (or group of investors/ consortium) should originate from the metal industry and have a wide knowledge of the market on which the company operates. A complex sales network may be an extra advantage. Privatisation planned via negotiations mode in 2nd Q, 2012.

History of privatisation process:
Concluding the tender: 17 December 2010
Invitation to participate in a public tender. More information
Conclusion of a public tender: 30 September 2010
Invitation to participate in a public tender. More information
Withdrawal from negotiations: 24 June 2010
Negotiations: 21 April 2010
Binding offer: 2 April 2010
Initial offers: 9 December 2009
Invitation to negotiations. More information

Employment

518 employees

Initial capital

PLN 16 660 000.00

President of the Management Board

Jan Siczek

Privatisation advisor

Doradztwo Gospodarcze DGA S.A. with registered office in Poznań

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Publication date : 04.05.2009
Modification date : 31.01.2012
Katarzyna Szulc