Wielton

Last updated
Wielton SA
Type Incorporation
Industry Utility Vehicles
Founded1996;27 years ago (1996)
Headquarters Wieluń (Poland)
Area served
 Europe, Asia, Africa
Key people
Paweł Szataniak (President)
Products Trailers
Revenue€146 million
16,500,000 euro (2018)  OOjs UI icon edit-ltr-progressive.svg
Number of employees
3100
Website www.wieltongroup.com

Wielton SA is a Polish manufacturer of tippers and tautliners for traction units. The company is the third biggest producer of semi-trailers in Europe and market leader in several countries of Central- and Eastern Europe as well as Central Asia.

Contents

History

The predecessor company of Wielton was founded in 1996 by two Polish engineers during the democratic transition of Poland. [1] In the first years, the main object of business was to satisfy the growing demand for utility vehicles. In 1996 the company was restructured and started its own production line. In 2007, it went public on the Warsaw Stock Exchange. [2] Since 2012 the company operates a second assembly plant in Russia to serve the markets in the countries of the Commonwealth of Independent States. [3]

Between 2014 and 2017 the company took over its competitors Italiana Rimorchi including the brands Cardi, Merker and Viberti in Italy, Fruehauf in France, Langendorf in Germany and Lawrence David in the United Kingdom. [4] The business group belonging to it, besides includes five further subsidiary firms in the sales, investment and logistics sector. In 2016, the company opened an assembly plant in Abidjan, Ivory Coast for the whole Economic Community of West African States. [5] The same year, the company received an economic award Narodowy Sukces (The National Success) conferred by the President of Poland. [6]

In February 2022, Wielton announced an agreement with Amazon to deliver several hundred box-type semi-trailers through its British-based subsidiary Lawrence David. The value of the deal is to reach approximately PLN 120 million (GBP 22 million). [7]

In March 2022, following the full-scale Russian invasion of Ukraine, the company suspended its business operations and delivery of its products to Russia. In 2021, the Ukrainian and Russian markets constituted 11% of the company's revenue. [8]


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References

  1. ↑ "Nagroda money.pl. Firma Roku: Wielton". money.pl (in Polish). 22 May 2019. Retrieved 7 April 2023.
  2. ↑ "Wielton zadebiutował na GPW" (in Polish). 29 November 2007. Retrieved 7 April 2023.
  3. ↑ "Montaż w Wielton Rosja". wieltongroup.com (in Polish). 16 December 2021. Retrieved 7 April 2023.
  4. ↑ Przemysław Furmaga and Robert Niczyporuk (19 September 2018). "Acquisition of the British company Lawrence David Limited by Wielton S.A." dzp.pl. Retrieved 7 April 2023.
  5. ↑ "Wielton zakłada spółkę zależną na Wybrzeżu Kości Słoniowej". bankier.pl (in Polish). 21 December 2016. Retrieved 7 April 2023.
  6. ↑ "Laureaci Nagrody Gospodarczej Prezydenta RP". prezydent.pl (in Polish). 17 November 2016. Retrieved 7 April 2023.
  7. ↑ "Wielton will execute the order for Amazon". biznespolska.pl. 20 February 2022. Retrieved 7 April 2023.
  8. ↑ Mariusz Kamiński (10 March 2022). "Wielton wstrzymuje dostawy swoich produktów do Rosji". auto-swiat.pl (in Polish). Retrieved 7 April 2023.
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