Innovation in the creative DNA of the LUG brand
Puls Biznesu, page 7 ,13.12.2018
After nearly two years of research and development works, LUG Light Factory - a leading manufacturer of professional lighting luminaires and systems - finishes research under the EU-funded project entitled "An innovative set of specialized lighting fittings for cooperation with an intelligent management system - from research to prototypes." As a result, a series of lighting luminaires has been created with an opportunity that it will forever change the global market of LED fittings.
A STABLE ECONOMY THE FOUNDATION OF THE REPUBLIC OF POLAND
On the anniversary of regaining independence, the presidents of Polish companies say what Poles can be proud of: what projects, completed over 100 years, are a source of satisfaction. And which of them can be a role model for the next decades.
Gazeta Wyborcza Zielona Góra, 2.11.2018
The facillity of LUG of Zielona Góra is the greatest polish investment in Argentina, for the Company the biggest in foreign countries.
LUG as a nominee of the Economic Award of the President of the Republic of Poland
Polish Company opened plant of lighting luminaires in Posadas
http://www.economis.com.ar and La Nacion, 30.10.2018
Polish company LUG, the manufacturer of professional lighting luminaires opened its factory in Posadas in Argentina.
21 laureates of the Economic Award of the President of the Republic of Poland
The Chapter of the Economic Award of the President of the Republic of Poland nominated 21 enterprises in the 16th edition of the Award. The President of Poland Andrzej Duda will announce the winners and give them the statuettes on November 15 this year during "Congress 590" in Rzeszów.
Finalists of the Good Design 2018 contest
Every year, the Institute of Industrial Design organizes the Good Design competition. The aim of the competition is to highlight the best designed products available on the Polish market. The competition is under the honorary patronage of the Minister of Development.
Dreams do not inherit - about the longevity strategies of family businesses
Following the reports on the family business, almost every day in the press or on the internet I find articles about the inheritance of a family business in an optimal tax way. Although these issues are important in the process of succession, the greatest challenge for its success lies in the family-business sphere, which is often combined with large emotions. From my many years of experience working with family businesses, I know that we all urgently need a shift towards a deep, broad dimension of the succession process. Its essence is not only the transfer of assets, but an intergenerational consensus at the level of ownership strategy between the generation of senior and successors. Only then can you think about the longevity strategies of family businesses based on solid foundations.
Company from Zielona Góra sells its lighting products in 70 countries.
Instead of importing goods from China, LUG manufactures lighting in factories in Poland. The company competes with quality and not price. And he wins. - We are evolving in the direction that is setting the development of new technologies today - smart lighting, IoT and Smart City - says Eryk Wtorkowski, Development Director of the LUG S.A. Capital Group.
LUG as double laureate of the Lubuskie Business Leader Competition
On September 24, we met the winners of the 10th edition of the Lubuski Business Leader Competition. 56 enterprises from the entire region joined this year's competition. One of the the laureates is LUG S.A. Capital Group, which was awarded the title of the Lubuskie Business Leader and the Lubuskie Leader of Innovation.
Piloticus - the son of Bacchus as a new citizen of Zielona Góra.
www.gazeta.lubuska.pl , 11.09.2018
Piloticus is the 45th son of the Roman god of wine, Bacchus. Piloticus appeared at the Zielona Góra promenade in the the perfect moment - just before Winobranie 2018. Settled on the facade of the tenement house at Mickiewicza Street No. 3, where, with a gesture of outstretched hand with an inseparable goblet in his hand, he will support his father Bacchus, pointing the way towards the square. The author of the sculpture is the Zielona Góra sculptress Małgorzata Bukowicz. Founder - LUG Light Factory.
Photo: Magda Weidner
LUG in the Millennium Index 2018 - Regional Innovation Potential Report
"Millennium Index 2018 - Regional Innovation Potential" is the third edition of the annual report, in which experts from Bank Millennium are looking at the innovation of Polish voivodships. In subsequent editions, we analyzed changes in the voivodships' results and determined the opportunities and barriers for their development. Reports were enriched with comments from experts who pointed to the likely causes of changes in the innovation potential of the provinces. In this year's report, we once again present the results of regions and assess how they changed at the turn of the year.
Significant improvement of the financial results
Parkiet, 08.08.2018, page 5
Listed on the NewConnect lighting solutions producer had successful quarter.
LUG establish new company in Istanbul
www.parkiet.com, 01.08.2018, 16:04
The manufacturer of system solutions in the field of lighting technology estabished new company - LUG Turkey. As Company mentioned, this is related with the strategy for 2017-2021.
Photo: Fotorzepa, Dariusz Golik
The company belonging to LUG signed a contract for co-financing the project
Polish lighting producer LUG, through its technology company BIOT will carry out an EU project worth almost 4.9 million PLN.
The newest edition of Investor Relations Congress was different than the previous ones.
On 6-7 June 2018, representatives of listed companies met in the Warszawianka Hotel in Jachranka to discuss issues relevant to the IR departments. StockWatch.pl took over the event as a media patron.
Predictions of a successful year for LUG S.A. Capital Group
Parkiet, 17.05.2018, page 7
In the first quarter of 2018, the Capital Group of LUG S.A. had 35 million PLN revenues, what constitutes 15 percent increase in accordance with the corresponding period of the previous year. The Capital Group also generated a record gross profit on sales - it amounted to 14,23 million PLN (19,3 percent higher than a year earlier). It is related to the optimization of the costs of sold products, goods and materials. The company also recorded a record gross sales margin of over 40 percent.
Learning with business, or the largest social project in the province - JOB Starter 2018
JOB Starter 2018 – connect with job market it's IDEA HR Group project. It's the biggest social project completed in lubuskie region. 150 students will participate in the project. For the first time, this year's edition will be organized in Zielona Góra and for the next time in Gorzów.
LUG presented innovative lighting solutions at Light+Building 2018 fairs
One of the largest and most important lighting industry fairs - Light + Building 2018 - take its place in Frankfurt am Main. At Company's stand, LUG presents a wide variety of innovative solutions designed to meet the widest range of needs of its business partners.
The "Parkiet" editorial awards from the top league
Parkiet page 4, 22.03.2018
For the 24th time, companies, presidents, funds, brokerage houses, analysts and economists have received prestigious statuettes. For the 13th time, Golden Wallets went to fund managers.
Byki i Niedźwiedzie rozdane!
The Editors of Investors and Stock Exchange magazine "Parkiet" for the 24th time awarded the prizes to the capital market league. The host of the gala was the Warsaw Stock Exchange, and among the distinguished guests was the Advisor to the President of the Republic of Poland, Cezary Kochalski, the Minister of Finance Teresa Czerwińska and the head of PFR, Paweł Borys.
Nomination in category: NewConnect Company
Last year for investors on the NewConnect market was not particularly successful, which can be seen after the NCIndex index, which fell by 9.23% at that time. On the other hand, there were more new companies on the alternative market than a year ago, though only few brought joy to investors. However, a few companies certainly deserve attention.
LUG: the economic situation is favorable
According to the latest forecasts, general lighting, in which LUG is specialized, will be the fastest growing segment of the industry in the upcoming years. Its value is estimated at 80 billion dollars. According to the company, in 2020 the share of LED in the global lighting market will exceed 80%, and in 2026 it will reach 98% of the value of the entire market.
LUG had an estimated 6.79 million PLN net profit in 2017, an increase of 126% y/y
LUG S.A. Capital Group had an estimated 39.28 million PLN revenue in the fourth quarter of 2017 (15% more y/y) with 2.53 million PLN net profit (110% more y/y). In the whole year, it was respectively 142.3 million PLN (18% more y/y) and 6.79 million PLN (126% more y/y), the company said.
The best lighting investment
Rynek Elektryczny, page 11, 31.01.2018
LUG received the first prize in the Best Lighting Competition in 2017 in the category "Lighting of recreational areas, parks and small architecture" for the lighting of Nowe Bulwary in Szczecin.
There is no way out, get ready for a smart city
Smart city makes everyday life easier for a resident. When he leaves home, he wants to park in the city center somewhere under the magistrate, he looks at the application on the phone for one of the smart city solutions - says Eryk Wtorkowski