What is the main business of RUG Riello Urządzenia Grzewcze?

The main business activity of RUG Riello Urządzenia Grzewcze focuses on manufacture of central heating radiators and boilers.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on June 24, 2004.

Where is the headquarters located?

The headquarters is located at: ul. Kociewska 28/30, 87-100 Toruń.

What is the share capital?

The share capital of the company is PLN 10,042,000 (approx. $2.7 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.

What revenue was generated?

The company reported a revenue of USD 143,027,566 in 2024, which is an increase of 0.3% compared to 2023.

Yes, the company recorded a net profit of USD 8,098,113 in 2024, meaning the company increased its profit by 43.9%.

Which cost dominates operating expenses?

The largest operating cost category falls under materials and energy. This category amounted to USD 90,963,393 in 2024, representing 70% of all operating expenses.

RUG Riello Urządzenia GrzewczeS.A.

Manufacture of central heating radiators and boilers

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2004-06-24

Share capital

10 042 000,00 PLN

Activity description

Rug Riello Urządzenia Grzewcze is a leading Italian manufacturer of heating and cooling systems, specializing in products such as modular condensing boilers, oil and gas burners, and solutions for central heating in large residential and commercial properties. Their offerings include the Condexa HPR for small boiler room replacements and the Steel Pro Power modular heating system designed for easy installation and flexible configuration. The company has over 100 years of experience in the industry, focusing on efficient energy use.

Registered address

ul. Kociewska 28/30, 87-100 Toruń, Poland

Website

riello.com

Phone

Social media

Electronic delivery address

AE:PL-74061-32400-JJTFS-20

Financials

Revenue history (in m)

Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 129.11mMedianUSD 1.09mAverageUSD 10.04m

Net profit

This companyUSD 8.71mMedianUSD 36.36kAverageUSD 623.36k

Operating costs

This companyUSD 115.19mMedianUSD 984.65kAverageUSD 9.05m

Assets

This companyUSD 59.57mMedianUSD 857.98kAverageUSD 8.22m

Industry

Bank accounts

Registered as a VAT taxpayer on 2002-09-01. Active

Bank Pekao SA
80 1240 1936 1111 0000 1322 5230
Bank Pekao SA
05 1240 1936 1789 0000 1322 5272
Bank Pekao SA
59 1240 1066 1978 0000 0001 7620

Debt

No entries in the National Debtors Register (KRZ). No proceedings in KRZ

Public aid

No public aid cases recorded in the last 10 years.

Tenders

No recorded participation in tenders.

Regulatory authorisations

Authority	Type	Status
BDO	BDO register entry	Active

Authorized Representatives

Paweł Adam Gębal — Management Board Member

Alessandro Francesco Livings — Management Board Member

Andrzej Mirosław Rogalski — Attorney-in-fact (joint)

Pierluigi Astorino — President of the Management Board

Paweł Marcin Biśta — Management Board Member

Manner of representation

The company may make declarations of will through each member of the management board (the President of the Management Board, if appointed) independently.

Supervisory board

Andrea Turchi — Supervisory Board Member

Massimo Nava — Supervisory Board Member

Tiberio Poldi — Supervisory Board Member

Ownership

Owner
Riello S.p.a.

Beneficial owners

Person	Rights
Paolo Merloni (58)	Osoba fizyczna sprawująca kontrolę nad osobą prawną lub osobami prawnymi, którym łącznie przysługuje prawo własności więcej niż 25% ogólnej liczby akcji

Competitors

Name	Revenue	Website
IzostalS.A.	$283,229,030.64	izostal.com.pl
Defro R. Dziubełasp. k.	$111,684,179.66	defro.pl
TermetS.A.	$34,471,001.80	termet.com.pl
Zelkot - Brzezina, Urzynicoksp. j.	$24,602,235.08	zelkot.pl
KonremS.A.	$20,029,910.09	konrem.pl
Metalergsp. z o.o.	$15,881,172.46	metalerg.pl
Perekosp. z o.o.	$14,397,455.37	grupaenvo.pl
Iguana ProductionS.A.	$13,664,741.34	iguana.pl

Change history

Date	Event
2026-05-19	Address change (Ul. Konstruktorska 13, 02-673, Warszawa → Ul. Kociewska 28/30, 87-100, Toruń)
2020-01-23	Address change (Ul. Ks. Ignacego Skorupki 5, 00-546, Warszawa → Ul. Konstruktorska 13, 02-673, Warszawa)
2015-05-05	Address change (Sienna 39, 00-121, Warszawa → Ul. Ks. Ignacego Skorupki 5, 00-546, Warszawa)
2015-05-05	PKD change (Removed: 13.30.Z, 27.51.Z, 27.52.Z, 32.50.Z, 33.13.Z, 33.14.Z, 41.10.Z, 42.11.Z, 42.12.Z, 42.13.Z, 42.21.Z, 42.22.Z, 42.91.Z, 42.99.Z, 46.14.Z, 46.15.Z, 46.18.Z, 46.19.Z, 46.43.Z, 46.44.Z, 46.47.Z, 46.48.Z, 46.49.Z, 46.52.Z, 46.7, 46.73.Z, 46.74.Z, 46.76.Z, 47.19.Z, 47.43.Z, 47.53.Z, 47.54.Z, 47.59.Z, 47.63.Z, 47.76.Z, 47.78.Z, 47.79.Z, 47.91.Z, 47.99.Z, 49.41.Z, 49.42.Z, 52.10.A, 52.10.B, 52.21.Z, 68.10.Z, 68.20.Z, 68.31.Z, 68.32.Z, 81.10.Z, 95.12.Z, 95.21.Z, 95.22.Z, 95.23.Z, 95.29.Z, 96.09.Z)
2010-02-26	PKD change (Removed: 28.22.Z, 28.30.B, 29.21.Z, 29.23.Z, 29.24.A, 29.24.B, 29.71.Z, 29.72.Z, 45.33.A, 51.14.Z, 51.15.Z, 51.18.Z, 51.19.Z, 51.43.Z, 51.44.Z, 51.47.Z, 51.54.Z, 51.56.Z, 51.65.Z, 51.70.A, 51.70.B, 52.12.Z, 52.4, 52.45.Z, 52.48.G, 52.72.Z, 52.74.Z, 60.24.A, 60.24.B, 63.12, 63.21.Z, 70.11.Z, 70.12.Z, 70.20.Z, 70.31.Z, 70.32.A, 70.32.B; Added: 13.30.Z, 25.21.Z, 27.51.Z, 27.52.Z, 28.21.Z, 28.25.Z, 28.29.Z, 32.50.Z, 33.11.Z, 33.12.Z, 33.13.Z, 33.14.Z, 33.20.Z, 41.10.Z, 42.11.Z, 42.12.Z, 42.13.Z, 42.21.Z, 42.22.Z, 42.91.Z, 42.99.Z, 43.22.Z, 46.14.Z, 46.15.Z, 46.18.Z, 46.19.Z, 46.43.Z, 46.44.Z, 46.47.Z, 46.48.Z, 46.49.Z, 46.52.Z, 46.69.Z, 46.7, 46.73.Z, 46.74.Z, 46.76.Z, 46.90.Z, 47.19.Z, 47.43.Z, 47.53.Z, 47.54.Z, 47.59.Z, 47.63.Z, 47.76.Z, 47.78.Z, 47.79.Z, 47.91.Z, 47.99.Z, 49.41.Z, 49.42.Z, 52.10.A, 52.10.B, 52.21.Z, 68.10.Z, 68.20.Z, 68.31.Z, 68.32.Z, 81.10.Z, 95.12.Z, 95.21.Z, 95.22.Z, 95.23.Z, 95.29.Z, 96.09.Z)

FAQ

Last updated: 2026-08-17