What is the main business of Euroterm Tgs?

The main business activity of Euroterm Tgs focuses on wholesale of hardware, plumbing and heating equipment and supplies.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on December 10, 2018.

Where is the headquarters located?

The headquarters is located at: ul. Stefana Batorego 4, 37-700 Przemyśl.

What is the share capital?

The share capital of the company is PLN 570,800 (approx. $154,187).

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 $75,654,057, representing a decrease of 5.0% compared to 2023.

No, the company recorded a net loss of $115,811 in 2024. For comparison, in 2023 the loss was $894,641, meaning the company reduced its loss by 87.7%.

Which cost dominates operating expenses?

The largest operating cost category falls under cost of goods and materials sold. This category amounted to $59,088,038 in 2024, representing 80% of all operating expenses.

Euroterm Tgssp. z o.o.

Wholesale of hardware, plumbing and heating equipment and supplies

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2018-12-10

Share capital

570 800,00 PLN

Registered address

ul. Stefana Batorego 4, 37-700 Przemyśl, Poland

Electronic delivery address

AE:PL-51891-75840-WCFGE-26

Financials

Revenue history (in m)

Financial insight

companies.financials.estonianCitCertain

Filing timeliness

No financial statement for 2025 – the filing deadline has passed. 3 of 6 financial statements were filed late (the longest delay 32 days for 2023). All were audited by a statutory auditor.

2025not filed
202422/07/2025
202316/08/2024
202228/06/2023
202105/08/2022
202004/08/2021

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 75.65mMedianUSD 1.96mAverageUSD 10.07m

Net profit

This companyUSD -115.81kMedianUSD 43.21kAverageUSD 409.65k

Operating costs

This companyUSD 74.10mMedianUSD 1.90mAverageUSD 9.40m

Assets

This companyUSD 37.40mMedianUSD 1.27mAverageUSD 5.34m

Industry

Public procurement

Euroterm Tgs is the contractor in 40 public sector contracts, worth USD 20.00k in total. They were signed with 22 public buyers. The largest number (18) were signed with Uniwersytecki Szpital Kliniczny Im.Fryderyka Chopina w Rzeszowie.

Signed on	Subject	Amount	Public buyer
Oct 26, 2026	Drain valve	$37.33	Uniwersytet Mikołaja Kopernika w Toruniu
Oct 22, 2026	Purchase of a glandless circulation pump, SMART Premium	$2,054	Miejski Zespół Szkół Nr 8 w Krośnie
Oct 20, 2026	PRZYCISK DO GEBERITU	$160.22	Uniwersytecki Szpital Kliniczny Im.Fryderyka Chopina w Rzeszowie

Trademarks

Euroterm Tgs holds 6 active trademarks registered with the Polish Patent Office. The first mark was filed in 2019.

Mark	Number	Classes	Status	Protected until
24	Z.546732	6, 9, 11, 19	Protected	Aug 31, 2032
Mark without a word element(figurative)	Z.546730	6, 9, 11, 19	Protected	Aug 31, 2032
Euroterm 24	Z.543380	6, 9, 11, 19, 35, 37, 42	Protected	May 25, 2032
BARBÓRKA	Z.502529	1, 3, 5, 30	Protected	Jul 19, 2029
BATORY EKOGROSZEK	Z.502220	4	Protected	Jul 12, 2029

Mark	Protected until
24	Aug 31, 2032
Mark without a word element(figurative)	Aug 31, 2032
Euroterm 24	May 25, 2032
BARBÓRKA	Jul 19, 2029
BATORY EKOGROSZEK	Jul 12, 2029

Authorized Representatives

Grzegorz Wojciech Hayder – Attorney-in-fact (joint)

Paweł Janusz Żuk – Attorney-in-fact (joint)

Łukasz Martowicz – Vice President of the Management Board

Michał Martowicz – President of the Management Board

Renata Niećko – Attorney-in-fact (joint)

Manner of representation

In the case of a multi-member management board, two members of the management board acting jointly or one member of the management board acting jointly with a commercial proxy are authorized to submit declarations of will on behalf of the company.

Ownership

Owner	Shares	Share value	Stake
Łukasz Martowiczage 46	1,141	$15,410.59	9.9947%
Michał Martowiczage 50	10,275	$138,776.34	90.0053%

Michał Martowicz and Łukasz Martowicz hold a combined 100% – the ownership structure indicates family control.

Beneficial owners

Person	Rights

Subsidiaries

	Name	Share value	Stake
	Grast & Mtbsp. z o.o.	71,312.80 USD	100%

Bank accounts

Registered as a VAT taxpayer on 2018-12-10.

Bank Pekao SA
54 1240 2568 1111 0011 4330 9555
Bank Pekao SA
75 1240 1792 1111 0010 8805 4970
Bank Pekao SA
47 1240 1792 1111 0011 1316 8483

Debt

No entries in the National Debtors Register (KRZ).

MSiG notices

Publication date	Event
Jan 17, 2019	Commercial Companies Code notice

Public aid

16 public aid cases recorded, with a total value of $1,120,755.

Grant date	Purpose	Gross amount	Granting body
Dec 31, 2025	De minimis aid (in accordance with Commission Regulation 2023/2831)	$9,331$9,331	Ośrodek Doradztwa I Treningu Kierowniczego
Sep 21, 2023	Liquidity support for undertakings affected by the war in Ukraine	$15,183$15,183	Prezes Banku Gospodarstwa Krajowego
Jun 20, 2023	Liquidity support for undertakings affected by the war in Ukraine	$22,900$22,900	Prezes Banku Gospodarstwa Krajowego

European Funds

Start	Project	EU co-financing	Programme
2017-08-16	Market launch of mobile comprehensive diagnostics services for rotating equipment by „Euroterm Sp. z o.o.” Sp. k.	$354.2K$354,220	Regional Operational Programme for the Podkarpackie Voivodeship for 2014-2020

Regulatory authorisations

Authority	Type	Status
BDO	BDO register entry	Active

Competitors

Name	Revenue	Website
InvenaS.A.	$26,865,023.97	invena.pl
Gaia SolarS.A.	$18,994,727.68	gaia.solar
SystemairS.A.	$13,424,609.18	systemair.pl
Bud - Metallco Przedsiębiorstwo Wielobranżowesp. z o.o.	$8,703,092.08	metallco.pl
Wentom Mariusz Osełkasp. k.	$7,838,502.25	wentom.pl
ITANsp. z o.o.	$7,137,733.15	itansp.pl
Awmet Wolniewiczsp. j.	$6,971,071.55	awmet.pl
BeeinS.A.	$6,337,043.25	beein.pl
Dommar Grupa Sbssp. z o.o.	$5,248,484.66	dommar.pl
Centrum Pcsp. z o.o.	–	centrum-pc.pl

Change history

Date	Event
2025-06-30	PKD change (Removed: 46.74.Z; Added: 46.84.Z)
2021-06-08	PKD change (Removed: 09.90.Z; Added: 42)
2020-01-28	Share capital change (534,000.00 PLN → 570,800.00 PLN)
2019-07-04	PKD change (Removed: 09, 42, 43, 47, 49.4, 73, 73.1; Added: 09.90.Z, 33.11.Z, 33.13.Z, 33.14.Z, 33.19.Z, 33.20.Z, 82.99.Z)
2019-04-18	Share capital change (434,000.00 PLN → 534,000.00 PLN)

FAQ

Last updated: 2026-04-09