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Company type | Public (WSE: KGH) |
---|---|
ISIN | PLKGHM000017 |
Industry | Mining |
Founded | 1961 |
Headquarters | Lubin, Poland |
Area served | Worldwide |
Key people | Herbert Wirth, (President |
Products | gold, silver, copper |
Revenue | €3.1 million |
Operating income | €0.6 million |
Net income | €0.6 million |
Total assets | €497.4 million |
Number of employees | 28,884 (2009) |
Website | www.kghm.pl |
KGHM Polska Miedź is one of the largest producers of copper and silver in the world. The mining & metallurgy company is based in Poland in Lubin. KGHM Polska Miedź S.A. owns shares in 33 entities, operating in various production and service-related areas.
KGHM is one of the largest Polish exporters, the largest employer in Lower Silesia, and a significant part of the WIG20 index – winner of a prestigious statuette for achievements in 2005. The Company was awarded the Bull and Bear prize by the Market Paper "Parkiet" in the category of best investment in a WIG20 company and the Pearl of the Polish Market prize in the raw materials and energy sector.
The Company generates enormous profits, and holds a strategic interest for the Polish economy. The year 2007 saw record results in the production of electrolytic copper – 532,974 t – and of metallic silver – 1,215 t, and above all a record profit – nearly PLN 3.8 billion and a future promising steady growth and an increase in the value of the Company.
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