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LUG

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Annual report 2017
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LETTER OF THE CEO

Behind us there are twelve months of hard work of 576-person crew working in 7 companies of the LUG Capital Group, an effort that has brought to us splendid financial results. The company revenues increased by 18 percent and reached over 142 million PLN, which then allowed us to generate a net profit of over 7 million PLN. It was the best business year on-record in our 30-year history.

Ryszard Wtorkowski

President of LUG S.A. Management Board

WORLDWIDE REACH OF LUG

map-global-lug

56%

of revenue from exports

12

branches in Poland

5

foreign branches

7

companies of the Capital Group

70

operational markets

Stock market history of LUG

LUG S.A. CAPITAL GROUP

The Group’s parent company is LUG S.A., performing management and control functions with respect to other subsidiaries.

The Company was established in 1989 as a civil law partnership. At present, it holds 100% of shares in subsidiaries: LUG Light Factory Sp. z o.o., LUG GmbH, LUG Lighting UK Ltd., T.O.W Ukraine. In the rest of companies of the Capital Group, the LUG S.A. holds as follows: 65% of LUG do Brasil Ltda. shares, 51% of BIOT Sp. z o.o. shares and 50% of LUG Argentina SA shares.

  • 100% shares

  • 100% shares

  • 65% shares

  • 100% shares

  • 50% shares

  • 51% shares

LUG S.A. Management Board

Ryszard Wtorkowski

President of LUG S.A. Management Board

Mariusz Ejsmont

Vice-president of the Management Board, Technical Director

Małgorzata Konys

Member of the Management Board, Financial Director

Iwona Wtorkowska

Chairman of the Supervisory Board

Other members of the Supervisory Board:

Inteligentne obiekty wektorowe

Renata Baczańska

Member of the Supervisory Board

Inteligentne obiekty wektorowe1

Zygmunt Ćwik

Member of the Supervisory Board

Inteligentne obiekty wektorowe1

Eryk Wtorkowski

Member of the Supervisory Board

Inteligentne obiekty wektorowe1

Szymon Zioło

Member of the Supervisory Board

Headcount

number-employee 527in 2016 465in 2015 576in 2017
59 % men
41 % women
education-employee