What is the main business of Eltwin?

The main business activity of Eltwin focuses on manufacture of loaded electronic boards.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on August 29, 2011.

Where is the headquarters located?

The headquarters is located at: ul. Przemysłowa 2, 73-110 Stargard.

What is the share capital?

The share capital of the company is PLN 5,000 (approx. $1,351).

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 was the revenue?

In 2024, the company generated total revenue of $6,339,514, representing a decrease of 15.2% compared to 2023.

Is the company profitable?

Yes, the company recorded a net profit of $43,348 in 2024, meaning the company decreased its profit by 78.9%.

Eltwinsp. z o.o.

Manufacture of loaded electronic boards

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2011-08-29

Share capital

5 000,00 PLN

Activity description

Eltwin provides power electronics for HVAC and industrial applications, including EC PURE, EC NOVA and PURIFY drives, soft starters, contactors, and controls. Eltwin soft starters reduce starting current, mechanical stress, heating, and noise in compressors and motors. Eltwin Hyper designs, manufactures, and exports single- and three-phase soft starters from locations in the USA and Australia to customers worldwide.

Registered address

ul. Przemysłowa 2, 73-110 Stargard, Poland

Website

eltwin.com

Phone

Social media

Electronic delivery address

AE:PL-22533-86128-FETTF-23

Financials

Revenue history (in k)

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 5.77mMedianUSD 655.13kAverageUSD 9.02m

Net profit

This companyUSD 113.21kMedianUSD 7.24kAverageUSD 300.39k

Operating costs

This companyUSD 5.55mMedianUSD 658.31kAverageUSD 8.48m

Assets

This companyUSD 4.81mMedianUSD 371.94kAverageUSD 6.38m

Industry

Bank accounts

Registered as a VAT taxpayer on 2011-11-08. Active

Danske Bank A/S Oddział w Polsce
66 2360 0005 0000 0045 5029 7084
Danske Bank A/S Oddział w Polsce
41 2360 0005 0000 0045 5031 4315
Danske Bank A/S Oddział w Polsce
44 2360 0005 0000 0045 5029 7092

Debt

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

Public aid

Grant date	Purpose	Gross amount	Granting body
Nov 5, 2025	De minimis aid (in accordance with Commission Regulation 2023/2831)	$19,780$19,780	STAROSTA STARGARDZKI

Tenders

No recorded participation in tenders.

Regulatory authorisations

Authority	Type	Status
BDO	BDO register entry	Active

Authorized Representatives

Mariusz Waldemar Gałązkiewicz – Attorney-in-fact (joint)

Kim Sorensen – President of the Management Board

Manner of representation

For making declarations of will and incurring obligations on behalf of the company, in the case of a one-person management board, the President of the Management Board is authorised independently, and in the case of a multi-member management board, joint representation by two members of the management board or by a member of the management board together with a commercial proxy is required.

Ownership

Owner	Shares	Share value	Stake
Eltwin A/s	100	$1,350.62	100%

Beneficial owners

Person	Rights

Competitors

	Name	Revenue	Website
	Elektro System Plussp. z o.o.	$4,284,910.73	elektro-system.pl

Change history

Date	Event
2017-01-23	PKD change (Added: 26.12.Z)
2016-10-04	Address change (Dąbska 70, 70-789, Szczecin → Ul. Przemysłowa 2, 73-110, Stargard)
2011-08-29	Entered in the register

FAQ

Last updated: 2026-10-07