What is the main business of LG Electronics Wrocław?

The main business activity of LG Electronics Wrocław focuses on manufacture of electric domestic appliances.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on October 24, 2005.

Where is the headquarters located?

The headquarters is located at: Lg Electronics 1-2, 55-040 Biskupice Podgórne.

What is the share capital?

The share capital of the company is PLN 181,018,000 (approx. $48.9 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?

In 2024, the company generated total revenue of $300,041,447, representing a decrease of 31.3% compared to 2023.

Is the company profitable?

Yes, the company recorded a net profit of $12,012,100 in 2024, meaning the company increased its profit by 223.0%.

What is the main operating cost?

The largest operating cost category falls under materials and energy. This category amounted to $214,648,404 in 2024, representing 75% of all operating expenses.

LG Electronics Wrocławsp. z o.o.

Manufacture of electric domestic appliances

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2005-10-24

Share capital

181 018 000,00 PLN

Registered address

Lg Electronics 1-2, 55-040 Biskupice Podgórne, Poland

Electronic delivery address

AE:PL-91772-50215-ITGEB-18

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 202.33mMedianUSD 1.88mAverageUSD 44.71m

Net profit

This companyUSD -20.91mMedianUSD 19.67kAverageUSD 1.04m

Operating costs

This companyUSD 189.89mMedianUSD 1.73mAverageUSD 42.65m

Assets

This companyUSD 209.77mMedianUSD 1.52mAverageUSD 31.68m

Industry

Bank accounts

Registered as a VAT taxpayer on 2006-01-05. Active

PKO Bank Polski
84 1020 5226 0000 6302 0570 8906
Erste Bank Polska
59 1090 2398 0000 0001 0511 6450
PKO Bank Polski
84 1020 5226 0000 6602 0570 8856

Debt

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

Public aid

9 public aid cases recorded, with a total value of $8,807,671.

Grant date	Purpose	Gross amount	Granting body
Mar 31, 2025	Regional employment aid	$974.2K$974,225	PIERWSZY MAZOWIECKI URZĄD SKARBOWY W WARSZAWIE
Jun 30, 2022	Regional investment aid	$2.4M$2,373,478	PIERWSZY MAZOWIECKI URZĄD SKARBOWY W WARSZAWIE
Jun 30, 2021	Regional investment aid	$1.2M$1,196,118	PIERWSZY MAZOWIECKI URZĄD SKARBOWY W WARSZAWIE

Tenders

No recorded participation in tenders.

Regulatory authorisations

Authority	Type	Status
BDO	Waste generation	Active

Authorized Representatives

Gil Seong Kang — Management Board Member

Tae Ho Lee — President of the Management Board

Jae Hoon Kam — Vice President of the Management Board

Manner of representation

Regardless of the number of members of the management board, the President of the Management Board and the Vice-President of the Management Board always have the right to represent the company independently. If the management board is multi-member, making declarations on behalf of the company by a member of the management board requires joint action of a member of the management board with the President or of a member of the management board with the Vice-President of the Management Board, which does not prejudice the provision described in point 1. The above provision does not exclude the possibility of appointing an independent commercial procuration.

Ownership

Owner	Shares	Share value	Stake
Lg Electronics Inc.	181,018	$48,897,352.78	100%

Beneficial owners

Person	Rights
Jae Hoon Kam (47)	Natural person holding a senior management position (AML Act art. 2(2)(1)(a) indent 5).
Gil Seong Kang (55)	Natural person holding a senior management position (AML Act art. 2(2)(1)(a) indent 5).
Kyung Su Kim (48)	Natural person holding a senior management position (AML Act art. 2(2)(1)(a) indent 5).

Competitors

Name	Revenue	Website
Kospelsp. z o.o.	$50,614,965.10	kospel.pl
Selfa Grzejnictwo ElektryczneS.A.	$12,682,139.09	selfa.pl
Nadodrzesp. z o.o.	$10,693,835.50	nadodrze.pl
Byfalsp. z o.o.	$2,853,725.36	byfal.pl
ELPE Elektroproduktsp. z o.o.	$1,910,445.84	elpe.pl
Elplast.ComP.S.A.	$1,691,000.27	elplast.com
Dezal - ProS.A.	$1,073,743.16	dezal.com.pl
Belmagsp. z o.o.	$822,652.64	sklep.producentokapow.pl
Aberonsp. z o.o.	$53,410.56	aberon.pl
Elica Group Polskasp. z o.o.	—	elica.com

Change history

Date	Event
2018-12-06	PKD change (Removed: 28.25.Z; Added: 27.20.Z)
2017-12-13	PKD change (Removed: 20.16.Z, 20.59.Z, 22.19.Z, 23.44.Z, 25.61.Z, 25.99.Z, 26.12.Z, 26.20.Z, 26.30.Z, 26.51.Z, 26.70.Z, 27.11.Z, 27.12.Z, 27.31.Z, 27.33.Z, 27.40.Z, 27.90.Z, 28.15.Z, 28.21.Z, 28.23.Z, 28.41.Z, 28.49.Z, 28.99.Z, 30.20.Z, 32.50.Z, 32.99.Z, 33.12.Z, 33.13.Z, 33.14.Z, 33.19.Z, 33.20.Z, 35.11.Z, 35.12.Z, 35.13.Z, 35.14.Z, 35.30.Z, 36.00.Z, 37.00.Z, 38.31.Z, 38.32.Z, 46.43.Z, 46.51.Z, 46.52.Z, 46.65.Z, 46.66.Z, 46.69.Z, 46.73.Z, 46.75.Z, 46.76.Z, 46.77.Z, 47.41.Z, 47.42.Z, 47.43.Z, 47.54.Z, 47.59.Z, 47.78.Z, 62.01.Z, 62.02.Z, 68.10.Z, 71.20.A, 71.20.B, 72.11.Z, 72.19.Z, 85.32.A, 85.32.B, 85.32.C, 85.51.Z, 85.52.Z, 85.53.Z, 85.59.A, 85.59.B, 95.12.Z)
2010-03-29	PKD change (Removed: 24.16.Z, 24.52.Z, 24.66.Z, 24.70.Z, 25.13.Z, 25.24.Z, 26.14.Z, 27.34.Z, 28.51.Z, 29.11.A, 29.14.Z, 29.23.Z, 29.24.A, 29.43.A, 29.71.Z, 30.01.Z, 30.02.Z, 31.10.A, 31.20.A, 31.40.Z, 31.50.Z, 31.61.Z, 31.62.A, 32.10.Z, 32.20.A, 32.30.A, 33.40.Z, 33.50.Z, 34.30.A, 37.10.Z, 37.20.Z, 50.30.B, 51.14.Z, 51.18.Z, 51.19.Z, 51.41.Z, 51.43.Z, 51.53.A, 51.55.Z, 51.82.Z, 51.83.Z, 51.84.Z, 51.85.Z, 51.86.Z, 51.87.Z, 51.88.Z, 52.41.Z, 52.45.Z, 52.48.A, 52.48.B, 52.48.C, 70.12.Z, 70.20.Z, 72.22.Z, 73.10, 74.30.Z, 80.22.F, 80.4, 80.42.B; Added: 20.16.Z, 20.59.Z, 22.19.Z, 22.29.Z, 23.44.Z, 25.61.Z, 25.99.Z, 26.11.Z, 26.12.Z, 26.20.Z, 26.30.Z, 26.40.Z, 26.51.Z, 26.70.Z, 27.11.Z, 27.12.Z, 27.31.Z, 27.33.Z, 27.40.Z, 27.51.Z, 27.90.Z, 28.11.Z, 28.15.Z, 28.21.Z, 28.23.Z, 28.25.Z, 28.29.Z, 28.41.Z, 28.49.Z, 28.99.Z, 29.31.Z, 30.20.Z, 32.50.Z, 32.99.Z, 33.12.Z, 33.13.Z, 33.14.Z, 33.19.Z, 33.20.Z, 35.11.Z, 35.12.Z, 35.13.Z, 35.14.Z, 35.30.Z, 36.00.Z, 37.00.Z, 38.31.Z, 38.32.Z, 46.43.Z, 46.51.Z, 46.52.Z, 46.65.Z, 46.66.Z, 46.69.Z, 46.73.Z, 46.75.Z, 46.76.Z, 46.77.Z, 47.41.Z, 47.42.Z, 47.43.Z, 47.54.Z, 47.59.Z, 47.78.Z, 62.01.Z, 62.02.Z, 62.09.Z, 68.10.Z, 68.20.Z, 71.20.A, 71.20.B, 72.11.Z, 72.19.Z, 85.32.A, 85.32.B, 85.32.C, 85.51.Z, 85.52.Z, 85.53.Z, 85.59.A, 85.59.B, 95.12.Z)
2007-07-06	PKD change (Added: 29.23.Z)
2006-09-06	Address change (Wita Stwosza 15, 50-136, Wrocław → Lg Electronics 1-2, 55-040, Biskupice Podgórne)

FAQ

Last updated: 2026-07-06