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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 5% Basic Professional Higher Secondary 33% 49% 13%

37years      8 months

The LUG luminaire, Cruiser 2LED has received the iF Design Award 2017. For more than 60 years, the iF DESIGN AWARD logo has been recognized internationally as the symbol of the greatest achievements in the field of industrial design. Learn more

One of the LUG brand products, the Cruiser 2LED luminaire was awarded the prestigious Red Dot Design Award 2017. This award confirms the highest quality of the LUG luminaire design. Learn more

The competition jury decided to award the projects carried out by LUG Light Factory for the use of the best lighting solutions, which perfectly harmonize with the adopted architectural concept. Learn more

On February 28, 2017 LUG Light Factory Sp. z o.o. received the third prize in the category of "Illumination of public, private and sacred buildings". The energy-saving of the light fittings and their adaptation to the character and function of the building were appreciated. Learn more

The award giving ceremony of the 10th edition of the Golden Website competition took place on the 7th of June. The Competition Jury awarded the best websites of companies listed in the stock exchange. Learn more

On October 19, 2017, LUG S.A. was awarded the main prize in the category of NewConnect market companies for the annual report of LUG S.A. for 2016. Learn more

On December 3, 2017, LUG Light Factory was awarded with the "Common Value" statuette for CSR activities for the benefit of the local community, openness to cooperation with social economy entities and an open heart to their needs. Learn more

During the 9th Gala of Lubuski Business Leader, results of a competition had been announced. The Contest was organized by the Western Chamber of Industry and Commerce in cooperation with the strategic partner "Gazeta Lubuska". The first place in the category of large enterprises was awarded to the company from the LUG S.A. Capital Group. - LUG Light Factory. Learn more

DEVELOPMENT OF LUG

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