As of 1 March 2019 CENZIN and CENREX – previously two separate companies belonging to Polska Grupa Zbrojeniowa – operate as a single integrated entity. The merger of these two companies is an element of PGZ S.A.’s process of consolidating the companies that belong to the Capital Group.
“We are consolidating two companies that have operated in the same market segment. This merger will improve the coordination of Polska Grupa Zbrojeniowa’s export activities and improve its effectiveness,” said Radosław Domagalski-Łabędzki, member of the board of PGZ S.A. “Having one company instead of two will actually reduce their operating costs,” he added.
On 1 March 2019 the District Court for the capital city of Warsaw made an entry in the National Register of Entrepreneurs concerning the merger of CENZIN sp. z o.o. with CENREX sp. z o.o. This way CENZIN acquired all of CENREX’s rights and obligations. This merger will not affect the companies’ co-operation and relations with their current business partners.
“We are the first PGZ Group company to finalise the consolidation process. We combine the potentials of both companies and create a more professional team of experts with an even more comprehensive offering of products, services, and innovative technological solutions,” said Jarosław Żurawski, CENZIN’s member of the board for financial affairs. The changes to the corporate structure will enrich CENZIN’s offering. It will be expanded with well-known brands of manufacturer’s of world-class armaments, network-centric systems, as well command and communications systems. The company’s offering will also include advanced camouflage and anti-ballistic protection systems, as well as satellite terminals.
CENZIN sp. z o. o. is a known and valued Polish company operating on the international arms and special equipment market. It is a leading exporter of high-end special equipment and retrofitting services for armed forces, police, uniformed services, and special forces of many countries. It also offers exports of specialist products and services for the railway industry. CENZIN is a supplier of technological solutions and high-end special equipment for the Polish Armed Forces, the services subordinate to the Polish Ministry of the Interior and Administration and other licensed, domestic institutional end-users. CENZIN is a part of Polska Grupa Zbrojeniowa S.A.
Polska Grupa Zbrojeniowa (PGZ) is a leader of the Polish industry and one of the largest defence corporations in Europe. It comprises 63 companies and holds shares in 40 more (industries: defence, shipyard, new technologies), with annual revenues at the level of 5 billion zlotys. By utilising the potential of Polonisation of technology, close co-operation with Polish scientists, and stressing the research and development process, PGZ offers innovative products that improve security.back to articles