Contact
Monika Bartoszak
Director of Management Board and Communication Office
gsm: +48 510 183 993
e-mail: Monika.Bartoszak@lug.com.pl
Company
Letter from the President of LUG S.A.
In 2016, using our professionalism, experience and intuition, we have proven how we can efficiently handle market requirements, and how we convert it in a long-term success. Results achieved in 2016 let us look into the future with enthusiasm and it stimulates our appetites for next challenges, which we are going to face in 2017.
Ryszard Wtorkowski
President of LUG S.A. Management Board
Leading producer of professional LIGHTING solutions
53%
of revenue from exports
- 12 branches in Poland
- 6 foreign branches
- 5 subsidiaries
- 67 markets of operation
Stock market history of LUG
Shares.pdf add to clipboard2007
- LUG’s debut on the NewConnect market
2008
- Transfer of operations to new headquarters (achieving the issue target)
2009
- The Issuer’s victory in the Golden Website competition
2010
- A new fund in the LUG share ownership structure
- LUG stock split in accordance with the parity 1:4
- Series C share issue
2011
- Start of procedure to transfer listings to Warsaw Stock Exchange
2012
- Payment of the first dividend in the company’s stock market history
- LUG reverse stock split in accordance with the parity 25:1
2013
- The first Annual online report on NewConnect
- LUG’s shares are included in the NCIndex30 index and belong to the NCLead segment
- Golden Website VI Award
- Award The Best Annual Report 2012
- Expansion of the factory with the construction of a LED component production hall
2014
- Start of construction of new factory
- Golden Website VII Award
- Award The Best Annual Report 2013
2015
- Completion of construction of new factory — launching
- of a research and development centre
- Golden Website VIII Award
- The Best Annual Report 2014 Award
2016
- Significant agreement for street lighting in Misiones Province, in Argentina
- Golden Website IX Award
2017
- Building a LUG factory in Argentina
- Research and development centre expansion in Nowy Kisielin
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
LUG S.A. Capital Group
Capital Group.pdf add to clipboardThe 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, with the exception of LUG do Brazil Ltda. in which it holds 65% of shares.
100%
OF SHARES
On 01.08.2008, the subsidiary LUG Light Factory Sp. z o.o. took over the existing operations carried out by the Issuer and is involved in designing, implementing, producing and selling luminaires.
100%
OF SHARES
Since 11.09.2008, LUG GmbH has been an element of the foreign trade organisation of the LUG S.A. Capital Group and focuses on selling and promoting products on the German market.
65%
OF SHARES
On 29.06.2012 the newly established company LUG do Brazil Ltda joined the Group. The development targets of the LUG S.A. Capital Group, based on a thorough analysis of the prospects for the Brazilian economy, were a key factor in the decision to establish a company in one of the economically most important and most significant investments in the country. The aim of the new company in the LUG S.A. Capital Group is to strengthen the company’s presence on South American markets.
100%
OF SHARES
LUG Lighting UK Ltd. Established in 10.09.2013. Previously, for about two years, LUG’s sales office operated effectively in London. LUG Lighting UK Ltd provides a base for the further increase of sales in the UK and Ireland and will also enable qualifications necessary to establish LUG’s consultancy and sales centre to be developed. The completion of formalities and the start of operations deliberately coincides with the opening of the advanced showroom of luminaires at the registered office of the new company LUG Lighting UK Ltd in London.
100%
OF SHARES
T.O.W. LUG Ukraine was established in 2005 and was engaged in sales of LUG fixtures on the Ukrainian market. Presently, the company’s activities are suspended due to difficult conditions for business in Ukraine connected with the poor financial standing of the country, a general failure to respect legal regulations, and corruption.
LUG S.A.Management Board
Management.pdf add to clipboard-
Ryszard Wtorkowski
President of LUG S.A.
Management BoardRyszard Wtorkowski
President of LUG S.A. Management Board
Is the founder and biggest shareholder of LUG S.A. Electronic engineer by training. From 2002 to 2007, held the position of President of LUG Sp. z o.o. Management Board; after the company was transformed into a joint-stock company in September 2007, he became President of LUG S.A. Management Board. He also holds the position of President of the Management Board of LUG Light Factory Sp. z o.o., LUG GmbH and LUG Lighting UK Ltd. Actively supports numerous organisations integrating science and business circles; for example, in 2011-2013 he held the post of Chancellor of the Lubuskie Lodge of the Business Centre Club and was at the same time Vice-president of the BCC Management Board.
-
Mariusz Ejsmont
Vice-president of
the Management Board,
Technical DirectorMariusz Ejsmont
Vice-president of the Management Board, Technical Director
Holds a master’s degree in electrotechnical engineering. Educated at Zielona Górska Polytechnic (currently the University of Zielona Góra). Since 31.01.2011 Vice-president of LUG S.A. Management Board; previously, from the beginning of LUG S.A., i.e. from 2007, he was a Member of LUG S.A. Management Board. Also holds the post of Technical Director and Management Board Member at LUG Light Factory Sp. z o.o. which belongs to the LUG S.A. Capital Group.
-
Małgorzata Konys
Member of
the Management Board,
Financial DirectorMałgorzata Konys
Member of the Management Board, Financial Director
Graduate in Management and Marketing at the University of Zielona Góra, and postgraduate studies in Accountancy at the Academy of Economics in Poznań and Controlling at the University of Szczecin. In 2007, she became the Financial Director at LUG S.A. Following the company’s transformation and the incorporation of a subsidiary, she changed posts to become the Financial Director at LUG Light Factory Sp. z o.o. and at the same time took on the position of Member of the LUG S.A. Management Board, functions that she has held to this day.
LUG S.A. Supervisory Board
Supervisory Board.pdf add to clipboard
Iwona Wtorkowska
Chairman of
the Supervisory Board
Iwona Wtorkowska
Chairman of the Supervisory Board
Graduated from the College of Pedagogy in Zielona Góra; has pedagogical higher education. Professionally connected with LUG from the moment of its establishment. She was at first a partner at LUG Wtorkowski i Spółka. In 2001-2007 she acted as Authorised Signatory at LUG Sp. z o.o., and in 2003-2007 was also the Management Board Representative for ISO. After the company was transformed into a joint-stock company, she was elected President of the LUG S.A. Supervisory Board and has held this position to this day. Is also Authorised Signatory at LUG Light Factory Sp. z o.o.
Other members of the Supervisory Board
-
Renata Baczańska – Member of the Supervisory Board
-
Zygmunt Ćwik – Member of the Supervisory Board
-
Eryk Wtorkowski – Member of the Supervisory Board
-
Szymon Zioło – Member of the Supervisory Board
Headcount
-
4372014
-
4652015
-
5272016
Employment structure by gender
58%men
42%women
Employment structure by education
4%basic
16%professional
35%secondary
45%higher
Age average:
37 years and 10 months
Prizes and distinction
Prizes .pdf add to clipboard
Research and development work
R&D.pdf add to clipboardLUG S.A. Capital Group is mainly connected with designing new products, testing its specifications and improving product’s specification, already found in company’s product range.