Amica (company)

Last updated
Amica S.A.
Type Joint-stock company
WSE:  AMICA
ISIN PLAMICA00010  OOjs UI icon edit-ltr-progressive.svg
Industry Home appliance
Founded 1945
Headquarters
Wronki
,
Poland
Area served
 Europe
Key people
Jacek Rutkowski (president)
Revenue681,000,000 euro (2018)  OOjs UI icon edit-ltr-progressive.svg
26,600,000 euro (2018)  OOjs UI icon edit-ltr-progressive.svg
Number of employees
3,020 (2018)  OOjs UI icon edit-ltr-progressive.svg
Website www.amica.pl
www.amica-group.com

Amica is a Poland-based international company. It is a global manufacturer of household appliances headquartered in Wronki, in the western-central Poland. The company produces refrigerators, washing machines and dishwashers, vacuum cleaners, microwave ovens, electric stoves, kettles for the kitchen under the brands Hansa, CDA, Gram.

History

Amica was founded in 1945 under the names Predom-Wromet Heating Equipment Factory [1] and Wromet Kitchen Products Factory. [2]

In the 1980s, products were exported to the GDR. [3] In 1992, the company was privatized and renamed Amica. [4] In the same year, Amica football club of the same name was created. [5] In 1997 it was listed on the Warsaw Stock Exchange. [6]

In 2001, Amica acquired the Danish rival Gram Domestic, and the following year the German Premiere Hausgeräteetechnik GmbH. [7]

The main sales market for Amica is in Poland, Germany, Great Britain and Scandinavia. [8] The Amica Group brand portfolio also includes foreign brands: Gram, Hansa and CDA. [9] Gram is a Danish brand that has existed since 1901, acquired by Amica in 2001 and known in Scandinavia. [10] Hansa is a brand that can be found in the markets of Eastern Europe. CDA is a UK brand acquired in 2015 and recognized in distribution channels such as kitchen furniture studios. [11] In 2017, Amica bought a 60.71% stake in Sideme SA Societe Industrielle d'Equipement Moderne, one of the distributors of home appliances in France. [12] After purchasing 39.29% of the shares in August 2015, Amica already owns 100% of Sideme. The total purchase price of all shares of the French company was 5.4 million Euros, which were financed from own funds. [13] [14]

In 2010, Samsung Electronics bought two Amica factories in the Polish cities Poznan and Wronki for the production of refrigerators and washing machines. [15] [16]

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References

  1. ↑ Polish Economic News. U.S. Government Printing Office. 1988.
  2. ↑ "Amica Wronki Domestic Appliances". www.ukwhitegoods.co.uk.
  3. ↑ Erices, Rainer (November 2018). "The East-West blood trade : How the German Democratic Republic obtained foreign currency with blood products (1983-1990)". Wiener Medizinische Wochenschrift. 168 (15–16): 384–390. doi:10.1007/s10354-018-0643-1. ISSN   1563-258X. PMID   29992447. S2CID   49666043.
  4. ↑ "Murata Sacco rebrands to Amica Savings and Credit as it eyes rapid expansion". Kuscco.com.
  5. ↑ "Amica Wronki FC Club Details | First Team Squad | Soccer Base". www.soccerbase.com.
  6. ↑ Amica Warsaw Stock Exchange
  7. ↑ "Premiere Kundendienst" (in German). Retrieved 2021-05-10.
  8. ↑ "Poland's Amica accelerates shift to W Europe as Russia sales slump". Reuters. 22 August 2014.
  9. ↑ "Amica acquires 100% of CDA Group". Amica International. 1 December 2015.
  10. ↑ "Separate Report of Amica S.A. For 2018" (PDF) (in Czech). amica.pl.
  11. ↑ "Amica buys CDA". kbbreview. 1 December 2015.
  12. ↑ "Societe Industrielle D'equipement Moderne Sideme". lei.report.
  13. ↑ "Amica acquires 100% of CDA Group". December 1, 2015.
  14. ↑ "О Hansa". hansa.md.
  15. ↑ "Samsung приобрел польские предприятия Amica по производству холодильников и стиральных машин". news.samsung.com.
  16. ↑ "Amica to Sell Another Two Plants to Samsung | PGS Software". www.pgs-soft.com. March 2, 2010.
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