Kulczyk Investments

Kulczyk Investments Societe Anonyme
Private
Industry Investment
Founded Luxembourg (2007)
Founder Jan Kulczyk
Headquarters Luxembourg
Area served
Europe, North America, Africa, Middle East, Asia
Key people
Sebastian Kulczyk, Board Member
Mariusz Nowak, CFO
Manoj Narender Madnani,
Board Member
Subsidiaries Kulczyk Holding
Website www.kulczykinvestments.com

Kulczyk Investments SA is an international investment company, founded by Polish entrepreneur Jan Kulczyk, focusing on opportunities in global emerging markets. The company’s four strategic sectors are mineral resources, energy, infrastructure and real estate. Kulczyk Holding SA is responsible for the operations of the group in Poland.

International Advisory Board:

Sectors and investments

Mineral resources

Kulczyk Investments has been a long-term investor in mineral resources exploration and production, with a specific focus on oil, natural gas, iron ore and coal. The group of companies carries out 51 projects in 22 countries on 4 continents on the total concession area of 220 thousand square kilometres. The company’s portfolio includes: Neconde Energy Limited, Serinus Energy (previously Kulczyk Oil Ventures), Ophir Energy, San Leon Energy, Loon Energy Corporation, Strata Limited and Centar Plc. On January 1, 2012, Ukrainian KUB-Gas LLC, partially owned by Serinus Energy, tied-in the Olgovskoye-12 oil well in Ukraine for commercial production. Total KUB-Gas production from its Ukraine properties since the start of 2012 has averaged more than 200 barrels per day.[1]

Energy

KI has created Poland’s first energy group to operate internationally. A vertically integrated group of companies operating under a common brand Polenergia in the field of energy generation from conventional and unconventional sources, as well as energy trading and distribution. Polenergia is one of the key assets in the Kulczyk Investments portfolio as an operational centre, a know-how base and a platform to carry out innovative energy projects in Poland and within the region. The Polenergia group comprises Elektrociepłownia Nowa Sarzyna, Elektrownia Północ, Polenrgia Dystrybucja, Polenergia Biogaz, Polenergia Kogeneracja, Polish Energy Partners and KI Energy Trading.

Infrastructure

Kulczyk Investments carries out strategic road infrastructure projects in Poland through its subsidiaries Autostrada Wielkopolska, Autostrada Wielkopolska II. On 1 December 2012, six months earlier than scheduled, the A2 motorway section linking the Polish border to Germany was opened. It was the largest concession based investment project in Poland carried out in public-private partnership, as well as the largest environmental project. The amount invested to construct both sections of the motorway exceeded PLN 9 billion. Since 2005, Kulczyk Investments is the majority shareholder in PEKAES, a logistics operator listed on the Warsaw Stock Exchange. In 2009, the company acquired a 90% stake in Chemikals, a company that manages a modern rail terminal located at the border with the Kaliningrad Oblast.

Brewing

The Kulczyk group has been present in the brewing sector for nearly 15 years. Investment in Lech Browary Wielkopolski and the effective cooperation with SABMiller resulted in the creation of Kompania Piwowarska, one of the most advanced brewing companies in the world and the largest of its sort in Poland, with a current domestic market share of 42.9%. In 2009, Kulczyk Investments became one of SABMiller's larger shareholders entering a new, global phase of cooperation with the world’s second largest beer producer.[2]

Real estate

Kulczyk Investments owns some of Warsaw’s key property portfolios in the city’s prime locations. In 2010, Kulczyk Investments established a joint venture with Silverstein Properties Inc, one of the most respected American real estate companies that, amongst others, is currently redeveloping the World Trade Centre. Kulczyk Silverstein Properties intends to develop and acquire prime real estate assets throughout Central and Eastern Europe. Kulczyk Silverstein Properties is currently in the development process of Chmielna Tower, which will be one of Warsaw's most innovative office towers.[3]

Respect Index

As an international investment house, Kulczyk Investments is compelled to creating optimal conditions for social and economic development, wherever the company invests. Based on many years of experience investing in international markets and together with Forbes Magazine, the Warsaw Stock Exchange and Deloitte, Kulczyk Investments initiated a ground-breaking project to create Poland’s first stock exchange index of socially responsible companies – the Respect Index.[4]

Notes

  1. Production for KUB-Gas LLC Reported to Increase to 17 MMcf/d
  2. "SABMiller acquires remaining 28.1% stake in Kompania Piwowarska". www.tradingmarkets.com. Retrieved 09-02-2009. Check date values in: |accessdate= (help)
  3. "Kulczyk Silverstein Properties - About us". ksprop.com. Retrieved 2013-03-22.
  4. "Polish group stakes global claim". www.worldfinance.com. Retrieved 2013-03-22.

External links