EUROLOT S.A.

Assessment with 5A System: BCNNN

Place on the List of aviation sector: 40

Place on the 500’2009 List: not listed

www.eurolot.com.pl

Established in: 1996

Company size: large

Address: 39–300 Mielec, 39 17 Stycznia Str.Zobacz na mapie

Voivodship: Subcarpathian

Type of business: air transport

Description of business activity: Eurolot S.A. is an operator providing cheap transport services between the most important regional airports in Poland. The company also operates foreign airports providing transport for international connections for the Polish Airlines LOT. The carrier has its own fleet of short range turbo helicopters (about 27 thousand flights a year carrying nearly one million passengers) and also a fleet of medium range bigger machines of Embraer 175 type. Eurolot S.A. has its own Aviation Training Centre, which educates airline staff from Poland and Europe. The company also provides charter flights on domestic and international lines.

Shareholders:: Polskie Linie Lotnicze LOT S.A. – 100,0%

Financial data (thousand PLN)
2004 2005 2006 2007 2008 2009
Net revenues from sales 124 739 134 842 126 053 120 351 123 517 126 350
Net financial result
(profit/loss)
5 000 14 243 4 823 3 917 -5 995 1 419
Capitalized value of R&D expenses
Intangible assets 482 772 730
Total assets 239 127 251 959 242 594 246 691 251 630 511 274
Equity 167 691 162 691 172 515 176 432 170 437 432 030

Description of innovative activity: According to the 5A System, the company level of market innovation is very highly rated and that of process innovation – highly rated. The company assessment with 5A System is BCNNN.

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