Markets Served: Architectural coatings; Construction coatings; Exterior coatings; Wood and metal preservation

Headquartered in Warsaw, Poland, Śnieżka Paints and Varnishes Plant S.A. is the leading domestic coatings manufacturer in Poland. Śnieżka has seven manufacturing facilities – four in Poland and one each in Ukraine, Belarus and Hungary. Its major brands include Magnat, Śnieżka , Poli-Farbe, Vidaron, Rafil and Foveo-Tech. The company has approximately 1,100 employees.

The Śnieżka Group had a strong year in 2024, generating PLN 798.4 million ($211 million) in sales revenue, compared to PLN 857.8 million a year earlier. In the period under review, EBITDA amounted to PLN 142.8 million ($37.7 million), compared to PLN 159.4 million in the previous year, and net profit reached PLN 72.1 million ($19 million), compared to PLN 83.5 million achieved a year earlier.

Domestic sales in 2024 reached PLN 576.8 million ($152.2 million), down 2.4% compared to 2023, accounting for 72.2% of consolidated revenues. In the Hungarian market, revenues decreased by 19.8% ($27.1 million), reaching PLN 102.8 million. Sales for the Ukrainian market amounted to PLN 80.6 million ($21.3 million), down 8.9% year-on-year.

“The year 2024 brought difficult market conditions that had a significant impact on the entire industry,” said Piotr Mikrut, chairman of the board. “High interest rates and a small increase in real wages weakened the financial situation of consumers, forcing them to be more cautious in making purchasing decisions. As a result, the decline in demand led to a decrease in sales volumes across the market.

“Despite difficult external conditions, we improved our gross sales profitability,” added Mikrut. “Achieving this result was possible thanks to several key elements: optimization of production and logistics processes, effective cost management, an effective pricing strategy and an increase in the share of premium products in our portfolio. Additional support was provided by the strengthening of the złoty against the euro.”

Śnieżka continues to emphasize sustainability, earning the Silver Medal from EcoVadis in January.

“The result, which was 4 points better, confirms that we have achieved our goal, which was a point progression in the rating,” said Mikrut. “The high rating of 74 points, i.e. a strong silver medal, is a summary of our activities in the areas of primarily the environment, employees, sustainable supply chain and
business ethics.”

Markets Served: Architectural coatings, Construction coatings, Exterior coatings, Wood and metal preservation

Warsaw, Poland-based Śnieżka Paints and Varnishes Plant S.A. had an excellent year in 2023, with PLN 857.8 million ($215 million) in sales revenues in 2023, a year-on-year increase of 8.3%. EBITDA and net profit also grew in 2023, to PLN 159.4 million ($40 million, a 50.1% increase) and PLN 83.5 million, ($21 million, a 102.3% increase) respectively.

The sales growth was largely driven by a 10% year-on-year increase in sales in the group’s key Polish market. The value of domestic sales reached PLN 591.1 million ($148 million), which represented 69% of consolidated revenues. Sales in Ukraine increased 29.6%, while sales to Hungary declined 6.3%.

“In the challenging environment of high inflation and interest rates, which led to weakened consumption, we achieved very good results in 2023,” said Joanna Wróbel-Lipa, vice president of the Management Board of Śnieżka SA. “We are particularly pleased with the achievement of the goal of returning to the profitability levels achieved before the pandemic.”

Sniezka has seven manufacturing facilities – four in Poland and one each in Ukraine, Belarus and Hungary. Its major brands include Magnat, Śnieżka, Poli-Farbe, Vidaron, Rafil and Foveo-Tech. The company has 1,100 employees.Śnieżka places a strong emphasis on sustainability, and earned the Gold Medal from EcoVadis in August 2023.

“This is our first assessment, which is why we are even more proud of such a successful debut and the gold medal awarded by EcoVadis,” said Peter Mikrut, president of the Management Board of FFiL Śnieżka SA, in receiving the honor. “It is also proof that thanks to the Sustainable Development Strategy of Śnieżka 2023+ we have set our ESG activities in the right direction. By implementing the set goals, we not only confirm that we are a responsible company, but also provide benefits to the environment and our customers.”

Markets Served: Interior coatings, Exterior coatings, Wood and metal preservation

With production of 140 million kilograms annually, Warsaw, Poland-based Sniezka Paints and Varnishes Plant S.A. is the leading paint and coatings producer in Poland. Its primary focus is the architectural market, which is 78.8% of its sales revenue, with construction chemicals adding another 13.5%; sales within Poland make up 67.9% of its sales, followed by Hungary at 17.3% and Ukraine at 8.6%.

Sniezka has seven manufacturing facilities – four in Poland and one each in Ukraine, Belarus and Hungary. Its major brands include Magnat, Śnieżka, Poli-Farbe, Vidaron, Rafil and Foveo-Tech.

Śnieżka had a solid year in 2022, with sales holding steady at $193 million (PLN 791.7 million).

“Against the backdrop of the serious challenges we have faced, I consider the Śnieżka Group’s results for 2022 to be very good,” said Piotr Mikrut, president of the Management Board, in announcing the company’s 2022 results. “Throughout the group, we achieved comparable revenues despite a noticeable decline in consumer sentiment. The strengthening of the market position on all key markets and the unexpectedly good results of Śnieżka-Ukraina are particularly pleasing. However, like many industries, we felt the effects of the rapid increase in inflation and other unfavorable external factors on our financial and business results.”

Śnieżka has completed its largest investment, a new logistics center that improves its logistics processes which should help the company improve production while reducing costs.

In sustainability news, Śnieżka was ranked 17th in the overall classification in fifth in the industry classification in Poland’s Responsible Companies Ranking as a result of the implementation of the “Śnieżka Sustainable Development Strategy 2023+”.

Markets Served: Interior coatings, Exterior coatings, Wood and metal preservation

Sniezka Paints and Varnishes Plant S.A. is a leading paint and coatings manufacturer in Poland. The company is primarily in the architectural market, offering a wide variety of high-quality paints and varnishes for both interiors and exteriors, as well as wood coatings. Sniezka has seven manufacturing facilities – four in Poland and one each in Ukraine, Belarus and Hungary – and employs 1,400 people. Its major brands include Magnat, Śnieżka, Poli-Farbe, Vidaron, and Foveo-Tech.

Product development is critical for Śnieżka Group. Eight new colors have been marketed in Poland for the Magnat Ceramic collection, and Vidaron has added a series of new colors as well. A new acrylic paint, Śnieżka Elewacyjna, designed for facades in 10 ready-made colors, has now been available in the Leroy Merlin chain store. For the Hungarian market, the Poli-Farbe company has introduced Magnat products to its offer, with the key Magnat Ceramic collection available in 48 ready-made colors.

Markets Served: Interior coatings, Exterior coatings, Wood and metal preservation

Headquartered in Warsaw, Poland, Sniezka Paints and Varnishes Plant S.A. is a  leading paint and coatings manufacturer in Poland. The company offers a wide variety of high quality paints and varnishes for both interiors and exteriors, and also provides customers with assistance in the use of its products.

With seven manufacturing sites – four in Poland and one each in Ukraine, Belarus and Hungary – Sniezka employs 1,400 people. The company made two key acquisitions prior to 2020, when the company added Poli-Farbe in Hungary and RAFIL in Poland.

Markets Served: Interior coatings, Exterior coatings, Wood and metal preservation

Sniezka Paints and Varnishes Plant S.A. employs approximately 600 people and produces approximately 90 million liters yearly of a variety of chemical products used in the construction industry in the domestic market and foreign markets. The company concentrates its activity in the area of emulsion paints (thinned with water), oil and phthalic paints (solvent paints), and putty substances. The company offers a wide range of high-quality paints and varnishes, at the same time providing its customers with assistance in the implementation and application of its products.

Markets Served: Interior coatings, Exterior coatings, Wood and metal preservation

Sniezka Paints and Varnishes Plant S.A. is an industry leader in Poland, both in terms of quantity and value. Sniezka is a modern plant employing approximately 600 people and producing approximately 90 million liters yearly of a variety of chemical products used in the construction industry in the domestic market and foreign markets. The company concentrates its activity in the area of emulsion paints (thinned with water), oil and phthalic paints (solvent paints), and putty substances. The company offers a wide range of high quality paints and varnishes, at the same time providing its customers with assistance in the implementation and application of its products.

Markets Served: Interior coatings, Exterior coatings, Wood and metal preservation

Sniezka Paints and Varnishes Plant S.A. is an industry leader in Poland, both in terms of quantity and value. Sniezka is a modern plant employing more than 600 people and producing approximately 90 million liters yearly of a variety of chemical products used in the construction industry in the domestic market and foreign markets. The company concentrates its activity in the area of emulsion paints (thinned with water), oil and phthalic paints (solvent paints), and putty substances. The company offers a wide range of high quality paints and varnishes, at the same time providing its customers with assistance in the implementation and application of its products.

Markets Served: Interior coatings, Exterior coatings, Wood and metal preservation

Sniezka Paints and Varnishes Plant S.A. is an industry leader in Poland, both in terms of quantity and value. Sniezka is a modern plant employing more than 600 people and producing approximately 90 million liters yearly of a variety of chemical products used in the construction industry in the domestic market and foreign markets. The company concentrates its activity in the area of emulsion paints (thinned with water), oil and phthalic paints (solvent paints), and putty substances. The company offers a wide range of high quality paints and varnishes, at the same time providing its customers with assistance in the implementation and application of its products.

Markets Served: Interior coatings, Exterior coatings, Wood and metal preservation

Sniezka Paints and Varnishes Plant S.A. is an industry leader in Poland, both in terms of quantity and value. Sniezka is a modern plant employing more than 600 people and producing approximately 90 million liters yearly of a variety of chemical products used in the construction industry in the domestic market and foreign markets. The company concentrates its activity in the area of emulsion paints (thinned with water), oil and phthalic paints (solvent paints), and putty substances. The company offers a wide range of high quality paints and varnishes, at the same time providing its customers with assistance in the implementation and application of its products.

Markets Served: Interior coatings, exterior coatings, Wood and metal preservation

Sniezka Paints and Varnishes Plant S.A. is currently number two in the industry in Poland, both in terms of quantity and value. Sniezka is a modern plant employing more than 600 people and producing approximately 90 million liters yearly of a variety of chemical products used in the construction industry in the domestic market and foreign markets. The company concentrates its activity in the area of emulsion paints (thinned with water), oil and phthalic paints (solvent paints), and putty substances. The company offers a wide range of high quality paints and varnishes, at the same time providing its customers with assistance in the implementation and application of its products.

Products offered: Interior coatings, exterior coatings, Wood and metal preservation

Śnieżka Paints and Varnishes Plant S.A. is currently number two in the industry in Poland, both in terms of quantity and value. Śnieżka is a modern plant employing more than 600 people and producing approximately 90 million liters yearly of a variety of chemical products used in the construction industry in the domestic market and foreign markets. The company concentrates its activity in the area of emulsion paints (thinned with water), oil and phthalic paints (solvent paints), and putty substances. The company offers a wide range of high quality paints and varnishes, at the same time providing its Customers with assistance in the implementation and application of its products.