Organizational structure

The Group entities are related by shares and have roles defined within the competence centre structure. Comprehensive organization, responsible management of resources contributes to efficient operation of the Group as well as higher profits for the shareholders. The cooperation involves mutually complementary activities, exchange of know-how and synergistic benefits. FFIL Śnieżka SA plays a leading role in these processes.

As part of this approach, key processes for the Group are developed at the level of two companies: FFiL Śnieżka SA and Śnieżka Trade of Colours Sp. z o.o. (Śnieżka ToC). FFIL Śnieżka SA, as the parent company, performs control functions in the supervisory bodies of the subsidiaries.  In addition, it establishes a development strategy and coordinates the development of the entire Group in all aspects of its operations.

It is also a competence centre in the field of Supply Chain Management, R&D, Quality Assurance, and also serves as a shared services centre. In turn, Śnieżka ToC develops competences in the field of:  Sales and Marketing (Revenue & Commercial, Branding, Product Development). Both companies coordinate the activities of individual Group companies in the areas of their competence.

All transactions concluded by the Company and its subsidiaries with related entities are performed at arm’s length. This means that they are agreed as if they were negotiated by unrelated parties. These transactions are consistent with applicable laws in Poland, European Union regulations and the regulations of the countries where the subsidiaries are located. Additionally, the marketability of the transaction is verified on an annual basis.

The Śnieżka Group’s structure
(as at 31.12.2023)

Sniezka-Grafiki-23-EN_organizacja_struktura Sniezka-Grafiki-23-EN_organizacja_struktura

Fabryka Farb i Lakierów Śnieżka SA has been entered into the Register of Entrepreneurs of the National Court Register kept by the District Court for the Capital City of Warsaw in Warsaw, 12th Commercial Division of the National Court Register, under KRS number 0000060537. The company was registered with the Central Statistical Office and received the following REGON number: 690527477 and tax identification number (NIP):  8181433438.

  • The Company’s seat:
    ul. Chłodna 51, 00-867
    Warsaw
    Phone (Headquarters): 
    14 681 11 11 or 22 221 93 19
    https://sniezkagroup.com/
  • Lubzina 34 a, 39-102 Lubzina, Ropczyce and Sędziszów county, Sub-Carpathian province;
  • Brzeźnica, ul. Dębicka 44, 39-207 Brzeźnica, Dębica county, Sub-Carpathian province;
  • Pustków 604, 39-205 Pustków, Dębica county, Sub-Carpathian province;
  • Brzeźnica, ul. Dębicka 44, 39-207 Brzeźnica, Dębica county, Sub-Carpathian province;

The Company also has a Logistics Centre located at the following address: Zawada 79M, 39-200 Zawada, Dębica county, Sub-Carpathian province.

A list of entities comprising the Group consolidated or valuated using the equity method (as at 31.12.2023).

A list of entities comprising the Group consolidated or valuated using the equity method (as at 31.12.2023).

Name Seat Scope of activity Consolidation
(and %
in the share capital)
Śnieżka Trade of Colours Sp. z o.o. Warsaw
Chłodna 51		 marketing and sales of products, market analysis and monitoring,
trademarks management		 Full consolidation
(100%)
Śnieżka-Ukraina Sp. z o.o. Ukraine
Jaworów
Prywokzalna 1A		 manufacture of paints, varnishes, solvents, mortars, putties etc., wholesale and retail sales of construction materials Full consolidation
(83.48%)
Śnieżka-BelPol Sp. z o.o. Belarus
Żodino
Dorożnaja 3/1		 production of putties Full consolidation
(100%)
Poli-Farbe Vegyipari Kft. Hungary
Bócsa
III. kerület 2.		 manufacture of paint, enamels, insulation systems, putties etc., wholesale and retail sales of construction materials Full consolidation (80.00%)
Radomska Fabryka Farb i Lakierów SA Radom
Czarna 29		 manufacture and sales of anti-corrosive products Full consolidation
(94.15%)
Plastbud Sp. z o.o. Pustków 164 b manufacture of Colorex pigment pastes and dyestuffs for Śnieżka’s colour systems, a supplier of some materials and goods for the Group Equity method (10.07%)

 

In 2023 the Śnieżka Group’s structure was not subject to any changes.

FFIL ŚNIEŻKA SA’s operations

Fabryka Farb i Lakierów Śnieżka SA is one of the paint leaders in Poland in the segment of decorative products.

The Company has achieved such a high market position over the course of 40 years of operation – the beginning dates back to 1984. The Company’s roots are linked with the Sub-Carpathian region, where the Group’s core production facilities and state-of-the-art Research and Development Centre have been still operating.  Since 2003 the Company – as the only one in the industry – has been listed on the Warsaw Stock Exchange

The portfolio of FFIL ŚNIEŻKA SA is comprised of products for protection and decoration of various substrates, both for internal and external applications. They comprise, i.a. paints for internal walls and facades, products for painting wood and metal, putties for walls and wood, as well as thermal insulation systems for buildings. In Poland, the products are sold under the following commercial brands: Śnieżka, Magnat, Vidaron, Foveo-Tech and Rafil.

FFiL Śnieżka SA runs research and development activities by taking advantage of its own professional facilities.  The Company has research laboratories (including, chromatographic and microbiological ones), conducting advanced research on products and raw materials used in production.

Products manufactured by FFiL Śnieżka SA are available in many distribution channels, and Śnieżka ToC is responsible for their sale.

The Company’s activity is based on a clearly defined set of values, as well as several years of involvement in supporting the society as part of programs and projects in the area of corporate social responsibility and through the activities conducted by the Śnieżka Foundation.

40

years of operation

611

employees FFiL Śnieżka SA

On December 31, 2023, the Company employed 611 employees (606 at the end of 2022), which accounted for nearly 53.2% of the entire Group’s team.

Activities of other Group companies

The key tasks performed by the company are marketing and sales, which include the following areas:

  • Marketing
    As part of marketing activities, we distinguish three key functions: strategic, implementing and supportive.  Each of them plays an important role in building and implementing an effective company marketing strategy.
  • Sales
    An area covering all distribution channels of the Group: independent market, retail chains, insulation systems, export sales and sales support.

Products are distributed through business partners, including wholesalers and construction materials warehouses, DIY markets, retail stores and e-commerce.  A multi-channel distribution is one of the assumptions of the sales growth strategy in all the Group’s markets, and at the same time it minimizes the risk associated with too high reliance on one distribution channel.   Since the beginning of 2024, the Group has expanded the distribution model on the independent market in Poland – selected retail outlets that were previously serviced indirectly by distributors can simultaneously make purchases directly from Śnieżka ToC. The company is to continue the cooperation with its existing partners – wholesalers.

The company was established in 2010 (as TM Investment Sp. z o.o.). As at December 31, 2023 the Śnieżka ToC’s share capital amounted to PLN 303,558 thousand.

The company employed 123 employees as at the end of 2023 (113 at the end of 2022).

Poli-Farbe is a company with an established position in Hungary in the sector of decorative paints.   Its product range under the Poli-Farbe commercial brand includes: interior decorative water-borne paints, enamels, products for wood protection and decoration, facade paints, primers, insulation systems, as well as putties.

The products are distributed through business partners, including wholesalers and construction materials warehouses, DIY markets, retail stores and e-commerce.

As at December 31, 2023, Poli-Farbe Vegyipari Kft. employed 178 employees (195 at the end of 2022).

Poli-Farbe Vegyipari Kft. (Hungary) was established in 1998.  As at December 31, 2023, the company’s share capital amounted to HUF 56,500 thousand and was not subject to change compared to February 11, 2019, i.e. the day on which FFiL Śnieżka SA concluded an agreement to acquire 80% of its shares. The remaining 20% of the shares belong to the minority shareholder Lampo Kft (Lampo Korlátolt Felelősségű Társaság)

Śnieżka-Ukraina is one of the leaders in the production of paints in Ukraine1,as well as a manufacture of putties.  Its products are sold under the Śnieżka brand.

The company is the main distributor of FFIL ŚNIEŻKA SA’s products on the local market.  The products are distributed through business partners, including wholesalers and construction materials warehouses, DIY markets, retail stores and e-commerce.

As at December 31, 2023, the company employed 169 employees (172 at the end of 2022).

Śnieżka Ukraina Sp. z o.o. with was established in 1999.  As at December 31, 2023, the company’s share capital amounted to UAH 415,7 thousand and was not subject to change compared to the end of 2022. The share of FFiL Śnieżka SA in this entity is 83.48%, and the remaining shares belong to: Limited liability company „Sunsnow” – 15.60% and individual shareholders – 0.92%.

1 Estimated data (due to the war in Ukraine, access to research reports is limited).

Śnieżka-BelPol  Sp. z o.o. is a significant manufacturer of putties on the Belarusian market. It sells its products under the Śnieżka brand through wholesalers, DIY markets and retail stores.

At the end of 2023, the company employed 15 employees (16 at the end of 2022).

Śnieżka-BelPol Sp. z o.o. (Belarus) was established in 2003.  As at December 31, 2023, the company’s share capital amounted to BYN 293,9 thousand and was not subject to change compared to the end of 2022.

The company specializes in the production of decorative products (enamels for metal protection and decoration) and professional anti-corrosion systems.

At the end of 2023, the company employed 44 employees (48 at the end of 2022).

Radomska Fabryka Farb i Lakierów SA was established in 1995. As at December 31, 2023 the company’s share capital amounted to PLN 4,102 thousand.  The share of FFiL Śnieżka SA in this entity is 94.15%. The remaining 5.85% of the shares belong to individual shareholders.

Cooperation with capital-related entities also applies to Plastbud Sp. z o.o. in Pustków, which supplies the Group with some raw materials and products.  The share of FFiL Śnieżka SA in this entity as at December 31, 2023 is 10.07%.

Commercial brands

The owner of the commercial brands of the Śnieża Group is Śnieżka Trade of Colours Sp. z o.o. (with the exception of brands belonging to Poli-Farbe Vegyipari Kft.) Śnieżka ToC, as the owner of the trademarks, markets the Group’s products both directly (through cooperation with independent stores, DIY chains, end customers) and indirectly (through their sale to other Group companies).

In the reporting period, the products of the Śnieżka Group were sold under the following key commercial brands:

being the core brand of the Group, which offers a wide range of products.
Its portfolio is comprised of products for protection and decoration of various substrates, both for internal and external applications (i.a. paints for walls and facades, products for painting metal and wood as well as putties for smoothening walls).   It is a comprehensive offer meeting customers’ needs at every stage of a flat or house finishing or renovation.

products for the most demanding customers who value quality and style.  The portfolio of this innovative premium brand includes high quality ceramic paints featuring colour durability, remarkable colour range, resistance to stains and dirt as well as heavy duty purposes.  The brand’s portfolio also includes a selection of high-quality white paints. Magnat stands also for textures, providing numerous decorative options.

an umbrella brand, which offers a wide portfolio of products for the protection and decoration of various surfaces. It comprises one of the most recognizable brands on the Hungarian market: Platinium and Inntaler (including interior and facade emulsions), Cellkolor (paint for wood and metal) and Boróka (agents for wood protection and decoration).

a top quality brand for wood protection and decoration.  The brand’s offer has been prepared for all of those who are willing to take care of wood used both indoors or outdoors in a comprehensive manner.  The brand portfolio includes, inter alia,: high-quality preservatives ensuring comprehensive wood protection, both from the inside (priming agent) and from the outside (topcoat agent), as well as renovation agent intended for pre-painted wood, stain and varnish as well as oils and varnishes.

a brand specializing in the production of decorative products (enamels for metal protection and decoration) and professional anti-corrosion systems.

a brand of facade products based on decorative plasters and facade paints, available in a wide range of colours. They are widely used in both newly built and existing buildings.  These are materials for renovating buildings for thermal insulation, structural protection and exterior appearance.

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