Press Office

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01.02.2017 Parkiet daily: the company’s yields will continue to grow – Boryszew

Following a prominent improvement in last year’s automotive segment performance, the market is now curious to see how will it impact Boryszew Group.

 

- It will be an important step forward, however, the starting place already is a very promising place, so the dynamics might not be as spectacular, says Jarosław Michniuk. - In 2016, the entire group’s results has bumped up and we still working on it. This year we want to take another big step and significantly improve the operating results and net profit.


19.12.2016 Dziennik Zachodni, Gazeta Pomorska: Automotive giant

Maflow which is part of Boryszew Group and also one of the largest European manufacturers of AC cables, plans to open a new plant – this time in Torun. The interview with Olaf Wdowiak, Project Manager at new Maflow plant in Torun.


Just before I go ahead and ask about Toruń – Maflow is has been operating for many years in Tychy and Chełmek. It seems, however, that it isn’t all?

That’s right. Our plants are located in 8 countries across four continents. In Europe it’s Spain, France and Italy, and in Asia it’s China and India. Our latest plant kicked off in Mexico this year. So we are a truly global player on automotive sector. Maflow, however, isn’t only manufacturing plants. Both in Tychy and Italian Ascoli there are R&D centres which provide us with innovative solutions and patented technologies.

 


05.01.2014 Gazeta Wyborcza: Boryszew to invest PLN 80 mln in automotive

A WSE-listed company controlled by Roman Karkosik has announced its future plans to invest in automotive parts plants in Tychy, Ostaszewo and Toruń. Boryszew also wants to open a plant in Mexico and enter American market.
Piotr Szeliga, President of the Board of Boryszew SA, during his interview for Newseria.pl said that Boryszew will invest PLN 80 mln in automotive sector, about PLN 60 mln in metalworking and PLN 10-20 mln in remaining sectors.
‘We will now focus mainly on strengthening the core business in Poland. The key thing in the automotive sector would be auto parts plants in Tychy, Tensho plant near Toruń and a new plant in Toruń itself,’ says Szeliga.
 


29.08.2014 Bankier: Boryszew’s IIIQ and IVQ '14 will be better than two first quarters

This year, Boryszew expects IIIQ and IVQ to be better than two first quarters, says Piotr Szeliga, President and CEO of Boryszew.
After 1 IH ’14 Boryszew Capital Group has a revenue of PLN 2,533.9 million giving 3.8 percent growth y/y. Operating profit was PLN 79.1 million compared to PLN 47.6 million last year. Having PLN 51.0 million of net income from continuing operations it was higher by PLN 29.7 million. Including net income from discontinued operations being PLN 0.9 million, net income after 1IQ ‘14 was PLN 50,2 million. It was PLN 21,0 million higher y/y.
 


14.07.2014 Gazeta Wyborcza: POLISH PART IN EVERY VOLKSWAGEN

AUTOMOTIVE INDUSTRY


Boryszew, Polish industrial group listed on WSE having a market value of PLN 1.2 billion is one of the key part suppliers for Volkswagen. Boryszew has factories in 11 countries and is planning to build another one in Mexico.


Interview with Paweł Surówka, Board Member of Boryszew
MARCIN KACZMARCZYK: What car parts does Boryszew produce?
PAWEŁ SURÓWKA: Boryszew manufactures two types of products: aluminium and rubber cables as well as plastic components. This range is simply a result of acquisitions back in 2010 and 2011. Four years ago we bought Maflow which is one of the world's leading manufacturers of automotive parts, such as: pipes for air conditioning, power steering and active suspension. In 2011, Boryszew acquired BAP – Boryszew Automotive Plastics – several plants producing mainly a whole range of plastic components for cars and trucks.

 


09-10-2013 PARKIET: BORYSZEW’S NEW ORDERS FOR AUTOMOTIVE PARTS

Group’s results will improve with the progress of restructuring process. They are planned till the end of 2014.
‘’Value of Boryszew’s automotive orders ending in 2026 is around 2 billion euros (PLN 8.4 billion). However, we still aim to provide new contracts,’’ says Paweł Surówka, Boryszew’s Board Memeber who is in charge of business development in the automotive sector.
 

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30-09-2013 PARKIET: BORYSZEW: ORDER FOR MAFLOW

This year, within eight months, Maflow, which is an A/C assembly manufacturer, acquired 27 new contracts.
On top of the largest contractor - Volkswagen Group (40 per cent of turnover) – Maflow received new orders from Jaguar, Landrover, BMW, Renault, Paccar Group and Volvo Car.
 


29-09-2013 MONEY.PL BORYSZEW HELPS MAFLOW’S PLANTS

This year, within eight months, Maflow’s plant, which belongs to Boryszew, won 27 new contracts. ‘’Apart from VW Group, orders come from Jaguar, BMW and Renault,’’ says Piotr Szeliga, Boryszew’s President of the Board.


09-19-2013 WNP.PL: IMPEXMETAL AS BORYSZEW’S COMPANY SUPPORTS THE INDUSTRY IN ENERGY NEGOTIATIONS WITH THE EU

Impexmetal Boryszew Capital Group is now one of 20 members of the Central Europe Energy Partners (CEEP). Its aim is to represent the industry on behalf of Central European countries while making EU energy policies.

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24-07-2013 PARKIET: BORYSZEW INVESTORS ARE WAITING FOR THE REINFORCEMENT OF AUTOMOTIVE SEGMENT

Boryszew, with its main investor and one of the richest Poles - Roman Karkosik, - initially worked as a plastics producer. Through the acquisition of Impexmetal in 2005, Boryszew started processing non-ferrous metals. Since 2010, after foreign acquisitions, the company has also become a global manufacturer of car components.
Plastics to be repaired
Growth in the automotive segment was made by rapid and relatively inexpensive acquisitions. Assets scattered across several continents were bought from struggling owners - they required intensive and consistent restructuring. (...)
 

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26-08-2013 BLOOMBERG BUSINESSWEEK POLSKA: BRANDED CONQUEST OF POLISH COMPANIES

... – After the very deep national and global crisis we can finally see a few great companies which are very promising from the investment perspective - said Roman Karkosik, the main shareholder of Boryszew, after acquiring Maflow in 2010, the largest, however bankrupt, manufacturer of air conditioner tubing in Europe…


08-08-2013 PARKIET: WSE ANNOUCED WIG 30 INDEX COMPANIES

The Warsaw Stock Exchange on Thursday elected the largest and most liquid companies as WIG 30 index companies – as announced in WSE’s press release. The official start of WIG 30 index is scheduled on 23 September this year. (...) It shows (...) that apart from WIG 20 companies, the new index will include such leaders as: LPP, Cyfrowy Polsat, ING BSK Alior Bank, Azoty Tarnów, CCC , Enea, TVN, Netia and Boryszew.

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