CERSANIT S.A.

CERSANIT S.A.

Previous company name
CERSANIT KRASNYSTAW S.A.
Name change date

Company Overview
Cersanit S.A is a Poland based company engaged in the production of ceramic tiles, kitchen tiles, porcelain tiles, bathroom furniture and accessories, bathtubs and shower cubicles. Headquartered in Kielce, Cersanit is the third largest ceramic tiles producer in Poland and a significant player on the bathroom furniture and ceramics market. Having only launched its activities in ceramic tiles in 2001, it was able to corner 16% of the market share by 2003.
Cersanit is composed of: Cersanit I SP zoo, Cersanit II SA and Cersanit III SA.
Cersanit I Sp. z o.o is the largest Polish producer of sanitary ware. The production capacity of its plant which is located in Krasnystaw amounts to 2.2 million items of sanitary ware annually. Its facilities include modern low and high-pressure facilities were installed including a sanitary ware foundry, aggregates and product glazing cabins, drying chambers and modern tunnel furnaces. With these modern facilities, the company became one of the largest and most modern sanitary ware producers in Europe.
Cersanit II S.A is a producer of acrylic bathtubs, shower cubicles, shower trays and bathroom furniture. Its plant is located at a 5-hectare plot in the Starachowice Special Economic Zone (SSEZ).
Cersanit III S.A. specializes in the manufacture of sanitary ware and gres tiles. Its plant is located in Walbrzych, southwestern Poland. Cersanit III is one of the largest and most modern production plants in the world.
Business Summary
The Company is a manufacturer of sanitary ceramic ware.
Description and history
The Company was formerly called Cersanit-Krasnystaw SA. The Group’s principal activities are the manufacture and trading of sanitary ceramics, comprehensive bathroom furnishing, accessories and tiles. Its products are for domestic market and for exportation mainly to Sweden, Russia, Latvia, Ukraine, Hungary, Norway, Denmark, Germany, Estonia, Lithuania, the USA and Slovakia. In 2001, one of the Group’s subsidiaries, Cersanit I Ltd., was awarded with the Environment Management System Certificate ISO 1400. Also in 2001, the President of the Republic of Poland performed the grand opening of Cersanit III S.A in Walbrzych which is one of the most modern factories of ceramic tiles in Europe with its production capacity of 9 mln m2.
Change name
The Company changed its name from Cersanit-Krasnystaw SA to Cersanit S.A.

Business Line
Engaged in the production of ceramic tiles, kitchen tiles, porcelain tiles, bathroom furniture and accessories, bathtubs and shower cubicles
Subsidiary
AVTIS LLC
Advisor
DORADCA
IPO date
5/25/1998
US SIC Code
3431
Company Address
36, al. Solidarnosci

City province or state postal code
25-323, KIELCE
Phone: +48 41 315 80 03
Fax: +48 41 315 80 06
Country address: POLAND
Website url: www.cersanit.com.pl