IPG Photonicssp. z o.o.
Manufacture of optical instruments and photographic equipment
KRS: NIP: REGON:
Overview
Status
Active
Registry date
2014-03-07
Share capital
22 741 900,00 PLN
Registered address
ul. Leona Wyczółkowskiego 8, 44-109 Gliwice, Poland
Electronic delivery address
AE:PL-54901-16323-WEVRE-19
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 15.00mMedianUSD 336.35kAverageUSD 1.66m
Net profit
This companyUSD 809.03kMedianUSD 3.83kAverageUSD 197.75k
Operating costs
This companyUSD 13.44mMedianUSD 231.35kAverageUSD 1.36m
Assets
This companyUSD 14.70mMedianUSD 266.53kAverageUSD 1.29m
Industry
Bank accounts
Registered as a VAT taxpayer on 2014-03-14. Active
14 1030 1508 0000 0008 2363 7002
41 1030 1508 0000 0008 2363 7001
68 1030 1508 0000 0008 2363 7000
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
1 tender recorded as contractor, with a total value of $248,191.
| Publication date | Subject | Amount | Contracting authority | |
|---|---|---|---|---|
| Oct 21, 2024 | Dostawa wraz z instalacją i uruchomieniem lasera fiber o mocy 10kW dla Politechniki Świętokrzyskiej | $248.2K$248,191 | Politechnika Świętokrzyska |
Regulatory authorisations
| Authority | Type | Status | |
|---|---|---|---|
| BDO register entry | Active |
Authorized Representatives
Grzegorz Chrobak — President of the Management Board
Mark Milton Gitin — President of the Management Board
Timothy Verghese Mammen — Management Board Member
Manner of representation
Each member of the management board acting independently.
Ownership
| Owner | Shares | Share value | Stake |
|---|---|---|---|
Ipg Photonics Corporation | 454,838 | $6,143,138.84 | 100% |
Beneficial owners
| Person | Rights | |
|---|---|---|
Grzegorz Chrobak (50) | Natural person holding a senior management position (AML Act art. 2(2)(1)(a) indent 5). | |
Mark Milton Gitin (60) | Natural person holding a senior management position (AML Act art. 2(2)(1)(a) indent 5). | |
Timothy Peter Verghese Mammen (57) | Natural person holding a senior management position (AML Act art. 2(2)(1)(a) indent 5). |
Competitors
| Name | Revenue | Website | ||
|---|---|---|---|---|
| Etronikasp. z o.o. | $19,479,226.49 | etronika.pl | ||
| Solaris OpticsS.A. | $4,875,381.23 | solarisoptics.eu | ||
| ENKOsp. z o.o. | $3,808,849.15 | enko.pl | ||
| Levenhuk Polandsp. z o.o. | $1,184,446.96 | levenhuk.com | ||
| Perspectiva Solutionssp. z o.o. | $956,972.28 | perspectivasolutions.com | ||
| MR. Gainsp. z o.o. | $686,174.39 | mrgain.pl | ||
| Composite-Workssp. z o.o. | $213.55 | composite-works.com | ||
| Karbontechsp. z o.o. | $0.00 | karbontech.pl | ||
| GISS Optixsp. z o.o. | — | giss-optix.com | ||
| Sagittasp. z o.o. | — | sagitta.cz |
Change history
| Date | Event | |
|---|---|---|
| 2025-12-04 | PKD change (Removed: 70.22.Z, 74.90.Z; Added: 70.20.Z, 74.99.Z) | |
| 2023-05-12 | Share capital change (11,241,900.00 PLN → 22,741,900.00 PLN) | |
| 2022-12-29 | PKD change (Added: 28.99.Z) | |
| 2022-12-22 | Address change (Portowa 74, 44-102, Gliwice → Ul. Leona Wyczółkowskiego 8, 44-109, Gliwice) | |
| 2022-04-29 | Share capital change (1,241,900.00 PLN → 11,241,900.00 PLN) |
FAQ
The main business activity of IPG Photonics focuses on manufacture of optical instruments and photographic equipment.
The company was registered in the Polish National Court Register (KRS) on March 7, 2014.
The headquarters is located at: ul. Leona Wyczółkowskiego 8, 44-109 Gliwice.
The share capital of the company is PLN 22,741,900 (approx. $6.1 million).
The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.
The company reported a revenue of $13,477,078 in 2024, which is a decrease of 26.8% compared to 2023.
Yes, in 2024 the company was profitable, achieving a net profit of $609,654, meaning the company decreased its profit by 54.1%.
The largest operating cost category falls under employee remuneration. This category amounted to $3,309,241 in 2024, representing 27% of all operating expenses.
Last updated: 2026-07-15