The publication of the Issuer and LUG S.A. Capital Group annual reports for the year 2008
05 June 2009
LUG S.A. management board has published the annual reports for the financial year from 1 January 2008 to 31 December 2008 of LUG S.A. Company and LUG S.A. Capital Group. The reports include: statement of the management board on the company activity, selected financial data, announcements of the management board, financial report as well as the opinion and complementary report on the opinion of independent chartered accountant.
The year 2008 was the special period in the Issuer’s history, which completely changed the LUG company image. Over a span of the reported period, LUG S.A. management board called up a new dependent company, LUG Gmbh, and transferred the operational activity to LUG Light Factory. Furthermore, a twenty-million investment project was implemented successfully with transferring Polish Concerns constituting the Capital Group to the modern domicile which fulfils the highest standards and the EU directives concerning such aspects as saving the energy. Some technological investments have been made, which significantly influenced the innovativeness of production and enabled implementations of the projects based on creative solutions. The reports summarize the achievements of LUG S.A. and the whole Capital Group and present the further development perspectives.
We invite you to acquaint with the details of the elementary report of LUG S.A. and the first consolidated report of LUG S.A. Capital Group for the year 2008.
The year 2008 was the special period in the Issuer’s history, which completely changed the LUG company image. Over a span of the reported period, LUG S.A. management board called up a new dependent company, LUG Gmbh, and transferred the operational activity to LUG Light Factory. Furthermore, a twenty-million investment project was implemented successfully with transferring Polish Concerns constituting the Capital Group to the modern domicile which fulfils the highest standards and the EU directives concerning such aspects as saving the energy. Some technological investments have been made, which significantly influenced the innovativeness of production and enabled implementations of the projects based on creative solutions. The reports summarize the achievements of LUG S.A. and the whole Capital Group and present the further development perspectives.
We invite you to acquaint with the details of the elementary report of LUG S.A. and the first consolidated report of LUG S.A. Capital Group for the year 2008.