Selena Group, one of the leading producers and distributors of construction chemicals and the owner of the TYTAN brand – has been named the Hidden Champion in the report prepared for the European Bank for Reconstruction and Development (EBRD). The survey was conducted by a team of experts of the Warsaw School of Economics (SGH) led by SGH Professor Grażyna Leśniak-Łebkowska, PhD, as part of the project “Hidden Champions in Central, Eastern, and South-Eastern Europe (CESEE).
During the January BUILDER AWARDS Gala, prestigious awards were presented to companies from the construction and architecture sectors. Selected individuals were also honoured with the Personality of the Year 2019 titles. The group of awardees included Selena, which in addition to being named as the Construction Company of the Year, found itself at the top of the “Build The Future” Ranking prepared in cooperation with PwC Poland and Bisnode Poland. Andrzej Ulfig, the CEO of Selena SA, was awarded as the Industry Personality.
Selena Labs – an R&D centre from Selena Group, one of the leading producers and distributors of construction chemicals and owner of the TYTAN brand – has been honoured with the Forbes Diamond 2020 award. Selena Labs continues its strategy of developing innovative products and implementing unique solutions in the “INVEST-PARK” Wałbrzych Special Economic Zone in Dzierżoniów. With a value of nearly PLN 8 million and usable area of more than 4,000 m², the project significantly increases the company's ability to develop construction chemicals with unique parameters and put them on global markets.
Selena Group, one of the leading producers and distributors of construction chemicals and the owner of the TYTAN brand – after three quarters of 2019 reports a net profit increase of nearly 100% YoY – to PLN 46.98 million. In this period, revenue exceeded PLN 1 billion, up 8.8%, while EBIT rose by 34% to PLN 64.42 million. In 2019, the company maintained its sales dynamics on the back of organic growth. Its gross profit margin increased as well, helped by a higher share of innovative products and favourable raw material prices.