What is the main business of GD2?

The main business activity of GD2 focuses on renting and operating of own or leased real estate.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on January 22, 2015.

Where is the headquarters located?

The headquarters is located at: ul. Nadrzeczna 16, 05-552 Wólka Kosowska.

Who is on the management board?

The management board includes: Orhan Altin (Member of the Management Board), Baohua Han (Member of the Management Board), and Nusret Sancak (Vice President of the Management Board).

What is the share capital?

The share capital of the company is PLN 297,358,650 (approx. $80.3 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 was the revenue?

The company reported a revenue of $15,216,826 in 2024, which is an increase of 31.9% compared to 2023.

Is the company profitable?

No, in 2024 the company was not profitable, reporting a net loss of $441,236. For comparison, in 2023 the loss was $1,017,201, meaning the company reduced its loss by 58.8%.

Which cost dominates operating expenses?

The largest operating cost category falls under depreciation and amortization. This category amounted to $6,606,523 in 2024, representing 60% of all operating expenses.

GD2sp. z o.o.

Renting and operating of own or leased real estate

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2015-01-22

Share capital

297,358,650.00 PLN

Registered address

ul. Nadrzeczna 16/C008, 05-552 Wólka Kosowska, Poland

Financials

Revenue history (in m)

Filing timeliness

No financial statement for 2025 – the filing deadline has passed. 4 of 6 financial statements were filed late (the longest delay 677 days for 2022). All were audited by a statutory auditor.

2025not filed
202420/12/2025
202322/05/2025
202222/05/2025
202111/10/2022
202007/09/2021

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 15.22mMedianUSD 193.80kAverageUSD 1.37m

Net profit

This companyUSD -441.24kMedianUSD 7.25kAverageUSD 125.83k

Operating costs

This companyUSD 10.93mMedianUSD 132.33kAverageUSD 940.78k

Assets

This companyUSD 92.48mMedianUSD 765.00kAverageUSD 6.95m

Industry

Authorized Representatives

Orhan Altin – Management Board Member

Baohua Han – Management Board Member

Jianmin Jin – President of the Management Board

Nusret Sancak – Vice President of the Management Board

Manner of representation

For making declarations of will and signing on behalf of the company, in the case of a multi-member management board, two members of the management board acting jointly are authorised.

Ownership

Owner	Shares	Share value	Stake
Semnot Holdings Limited	2,230,190	$30,121,420.85	37.5%
Sino Frontier Properties Limited	2,973,587	$40,161,898.97	50%
Stonesifer Investments Limited	743,396	$10,040,464.61	12.5%

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 2015-01-20.

Bank Pekao SA
12 1240 5934 1978 0010 8312 5558
Bank Pekao SA
41 1240 5934 1787 0010 8312 5662
Bank Pekao SA
94 1240 5934 1111 0010 8312 5431

Debt

No entries in the National Debtors Register (KRZ).

Public aid

5 public aid cases recorded, with a total value of $359,350.

Grant date	Purpose	Gross amount	Granting body
Jan 9, 2026	De minimis aid (in accordance with Commission Regulation 2023/2831)	$16,576$16,576	PGE Obrót S.A.
Sep 20, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	$651$651	Prezes Zakładu Ubezpieczeń Społecznych
Jun 20, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	$651$651	Prezes Zakładu Ubezpieczeń Społecznych

Competitors

Name	Revenue	Website
HMsp. z o.o.	$22,417,072.83	prestige.pl
PHN Spv 11 Phn KS.K.A.	$18,943,121.55	phnspv11.phnsa.pl
Warszawski Holding NieruchomościS.A.	$14,451,280.76	whn.phnsa.pl
Legnica PlazaS.K.A.	$12,666,750.19	torun-plaza.pl
PHN Spv 1 Phn SkysawaS.K.A.	$12,152,717.36	phnspv1.phnsa.pl
Aqua Resortsp. z o.o.	$5,093,517.11	prestige.pl
HSsp. z o.o.	$4,666,916.76	prestige.pl
Elposp. z o.o.	$41,813.32	elpo.com.pl
POV Rent Spacesp. z o.o.	–	pov.com.pl
MAKE Space Storagesp. z o.o.	–	makespace.pl

Change history

Date	Event
2019-12-31	Share capital increase (272,939,850.00 PLN → 297,358,650.00 PLN)
2015-09-23	Share capital increase (10,000.00 PLN → 272,939,850.00 PLN)
2015-09-23	PKD change (Removed: 52, 56, 68; Added: 68.10.Z, 68.20.Z, 68.3)
2015-01-22	Entered in the register

FAQ

Last updated: 2026-04-10