Zelmer

Zelmer is the leading local small appliances player in Central and Eastern Europe, and the leader in Poland with a market share of approximately 22%. The company has 1,442 employees and manufactures small domestic appliances, mainly vacuum cleaners and kitchen electrics. In the twelve months to 30 September 2012 Zelmer recorded sales of c. PLN 700 million (approximately €170 million) and an EBITDA of PLN 74 million (equivalent to €18 million), corresponding to a margin of 10.6%. The company is listed on the Warsaw Stock Exchange.