What is the main business of MSG?

The main business activity of MSG focuses on manufacture of corrugated paper and paperboard and of containers of paper and paperboard.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on August 28, 2001.

Where is the headquarters located?

The headquarters is located at: ul. Targowa 27, 90-043 Łódź.

What is the share capital?

The share capital of the company is PLN 5,014,000 (approx. $1.4 million).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.

How much revenue was generated?

In 2024, the company generated total revenue of $82,939, representing a decrease of 32.4% compared to 2023.

Is the company profitable?

No, in 2024 the company was not profitable, reporting a net loss of $8,892,808. For comparison, in 2023 the loss was $95,216, representing a multi-fold increase in the loss compared to 2023.

What is the largest operating cost?

The largest operating cost category falls under depreciation and amortization. This category amounted to $138,715 in 2024, representing 81% of all operating expenses.

MSGsp. z o.o.

Manufacture of corrugated paper and paperboard and of containers of paper and paperboard

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2001-08-28

Share capital

5,014,000.00 PLN

Registered address

ul. Targowa 27/6, 90-043 Łódź, Poland

Electronic delivery address

AE:PL-68209-50289-ETIDI-15

Financials

Revenue history (in k)

Filing timeliness

No financial statement for 2025 – the filing deadline has passed. 2 of 6 financial statements were filed late (the longest delay 92 days for 2023).

2025not filed
202424/09/2025
202315/10/2024
202231/05/2023
202115/06/2022
202030/09/2021

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2024.

Results vs industry

Revenue

This companyUSD 82.94kMedianUSD 1.69mAverageUSD 11.80m

Net profit

This companyUSD -8.89mMedianUSD 29.97kAverageUSD 538.14k

Operating costs

This companyUSD 171.82kMedianUSD 1.60mAverageUSD 10.87m

Assets

This companyUSD 2.56mMedianUSD 1.14mAverageUSD 10.86m

Industry

Authorized Representatives

Janusz Kuczyński – President of the Management Board

Manner of representation

President of the Management Board independently, Vice-President of the Management Board independently, the remaining members of the management board two at a time.

Ownership

Owner	Shares	Share value	Stake
WIN Investment P.S.A.	10,028	$1,354,403.03	100%

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 1998-10-01.

Alior Bank
35 2490 0005 0000 4530 0069 9986
Erste Bank Polska
64 1090 1694 0000 0000 6802 3267

Debt

2 closed proceedings recorded in KRZ history.

Registration date	Proceeding type	Status
Mar 3, 2025	Proceedings after filing an arrangement approval application	Closed
Oct 28, 2024	Arrangement approval proceedings	Closed

Public aid

No public aid cases recorded in the last 10 years.

Competitors

Name	Revenue	Website
Dunapack Packaging Polskasp. z o.o.	$176,095,178.30	dunapack-packaging.com
Menossp. z o.o.	$11,339,506.32	menos.net.pl
Expect Groupsp. z o.o.	$133,490.31	expectgroup.pl
Janboxsp. z o.o.	$65,855.68	janbox.pl
CARD Flexsp. z o.o.	$64,474.72	aleo.com
Kartonex Polskasp. z o.o.	$56,287.98	kartonex-polska.com
3toysmsp. z o.o.	$26,204.60	3toysm.com
Purcoo Print And Packagingsp. z o.o.	$23,574.83	purcoo.com
Sfera Firma Produkcyjno-Reklamowasp. z o.o.	$18,348.51	sferapolska.pl
Grabek Mediasp. z o.o.	$17,828.32	grabekmedia.pl

Change history

Date	Event
2023-07-11	Address change (Sportowa 1/5, 05-532, Baniocha → Ul. Targowa 27/6, 90-043, Łódź)
2018-04-24	Name change ("arso-Polański" → Msg)
2001-08-28	Entered in the register

FAQ

Last updated: 2026-10-07