Boryszew SA (
Polish pronunciation: ) is a Polish public company listed on the
Warsaw Stock Exchange and it is on the exchange's
WIG30 index of largest companies. Parts of the Boryszew group are engaged in the production of components for the
automotive industry, chemical materials (including
antifreeze),
metal oxides and other metal elements. It is based in
Sochaczew. The company owns 30 production plants in 14 countries and employs around 10,000 people.
The company's headquarters are in
Warsaw.
History
The history of the company dates back to 1911, when a
rayon
Rayon is a semi-synthetic fiber, made from natural sources of regenerated cellulose, such as wood and related agricultural products. It has the same molecular structure as cellulose. It is also called viscose. Many types and grades of viscose f ...
production facility was established in the
Boryszew area (currently a district of Sochaczew). Before
World War II, the company was involved in the production of
gunpowder, materials, pharmaceuticals, cosmetics and dental cements.
Under communism, in the
People's Republic of Poland
The Polish People's Republic ( pl, Polska Rzeczpospolita Ludowa, PRL) was a country in Central Europe that existed from 1947 to 1989 as the predecessor of the modern Republic of Poland. With a population of approximately 37.9 million nea ...
, the company was involved in the production of dental materials and pharmaceuticals, coolants and brake fluids and later also, plastics.
In 1992, the company was fully privatized. Since May 1996, the company has been listed on the Warsaw Stock Exchange.
Since 2000, the company has been controlled by Roman Karkosik, a stock trader.
In 2010, the company began to expand outside of Poland, acquiring assets of Maflow group (in
Italy, Poland,
France,
Spain,
Brazil,
China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
,
India and
Mexico). In 2011, it took over the German companies Theysohn, AKT and Wedo.
General income of the Boryszew group in 2012, exceeded 4,920 million złoty, and sales revenues amounted to more than 4,870 million. In 2014, a factory was opened in
Russia, in 2016 in
Mexico, and in 2017, in
Prenzlau,
Germany.
In 2019, the Alchemia S.A. Group was acquired and the steel segment commenced.
References
External links
Investor Relations for Boryszew{{WIG30 components
Chemical companies of Poland
Manufacturing companies of Poland
Manufacturing companies established in 1911
1911 establishments in Poland
Companies listed on the Warsaw Stock Exchange
Auto parts suppliers of Poland
Polish brands
Polish Joint-stock companies