Zakładach Górniczo-Hutniczych Bolesław

What Zakładach Górniczo-Hutniczych Bolesław does

Zakłady Górniczo-Hutnicze "Bolesław" S.A. (ZGH Bolesław) is a vertically integrated Polish mining and metallurgical complex founded in 1958 and headquartered in Bukowno. The company extracts zinc and lead ores from its own mine and processes them through electrolysis to produce electrolytic zinc (Z1 grade) with nominal purity of 99.9975%, exceeding standard Special High Grade (SHG) thresholds, alongside zinc alloys (ZZA series), the Wegal MOD galvanizing alloy, sulphuric acid (VI) as a smelting byproduct, and zinc-lead concentrates. It supplies primarily the domestic Polish market as the principal local source of zinc and alloys, and exports to Germany, Czech Republic, Slovakia, Austria, Hungary, and France for use in automotive, construction, and continuous/unit galvanizing applications.

ZGH Bolesław operates as a public joint-stock company that has been a controlled subsidiary of Stalprodukt S.A. since December 2012 (86.92% stake). Beyond core metallurgy, the company holds URE-issued concessions to operate as a licensed energy enterprise, distributing electricity, natural gas, and heat across three generation sources in Bolesław, Olkusz, and Dąbrówka, and operates the ZGH Research Laboratories for external testing services. The group consolidates HC Miasteczko Śląskie S.A. (91.09%), BOLTECH Sp. z o.o. (100%, dolomite/elastomers/transport/energy services), Gradir Montenegro d.o.o. (99.47%, polymetallic ore extraction), ZGH OZE Sp. z o.o. (100%, electricity storage), and KARO Sp. z o.o. (100%, security services). The company is ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified, REACH-registered for metallic zinc, and GDPR-compliant.

The business model is commodity-industrial: revenues are generated primarily through one-time sales of zinc, alloys, and sulphuric acid priced off international benchmark markets, supplemented by regulated tariffs for energy distribution, professional fees for laboratory services, and circular-economy revenue from zinc-bearing waste recovery. Go-to-market is direct B2B via dedicated sales representatives for each product line (domestic zinc, export zinc, sulphuric acid, concentrates) and a commercial director on the board, supported by the Logintrade e-procurement platform for supplier and RFP workflows. Distribution channels are direct to enterprise customers in automotive, construction, manufacturing, and chemical industries, with no disclosed subscription or recurring-revenue component. A material strategic constraint is the ongoing liquidation of the company's own mine, which is reducing captive ore supply and shifting the feedstock mix toward third-party concentrates and secondary waste.

Name

Zakładach Górniczo-Hutniczych Bolesław

Legal name

Zakłady Górniczo-Hutnicze "Bolesław" S.A.

Website

https://zghboleslaw.pl

Company type

Public

Founded year

1958

Operating status

Operating

Headcount range

11–50 employees

Short description

ZGH Bolesław is a Polish vertically integrated zinc and lead mining and metallurgical complex, founded in 1958, producing electrolytic zinc (99.9975% purity), ZZA zinc alloys, Wegal MOD galvanizing alloy, and sulphuric acid for industrial customers in automotive, construction, galvanizing, and chemicals across Poland and six European export markets.

Ownership category

akta.pro rank

Product category

Zinc Mining and Metallurgy

NAICS

Copper, Nickel, Lead, and Zinc Mining (21223), Copper, Nickel, Lead, and Zinc Mining (212230), Nonferrous Metal (except Aluminum) Smelting and Refining (33141)

SIC

Metal Mining (1000), Primary Smelting & Refining Of Nonferrous Metals (3330), Wholesale-Metals & Minerals (No Petroleum) (5050)

akta.pro primary industry

Non-Ferrous Base Metals Trading (Aluminum, Copper, Zinc, Lead, Tin, Nickel) (IMAKAJAC)

akta.pro secondary industry

Precious & Specialty Metal Recovery (Smelting, Refining, Hydrometallurgy) (EUAIAIAD)

Keywords

• Electrolytic zinc production
• Zinc alloy manufacturing
• Lead zinc mining
• Sulphuric acid production
• Hot dip galvanizing alloys

Headquarters

HQ city

Bukowno

HQ country

Poland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Zinc and Zinc Alloy Sales: ZGH Bolesław's primary revenue stream is the production and sale of electrolytic zinc (Special High Grade), zinc alloys (ZZA series, Wegal MOD for galvanizing, and casting alloys). The company is the main supplier of zinc and alloys in the domestic market and exports to neighboring countries including the Czech Republic, Slovakia, Austria, and Hungary.
2. Sulphuric Acid Sales: Production and sale of sulphuric acid (VI), a byproduct of the zinc smelting process, sold domestically and exported to Germany, Czech Republic, Slovakia, and Austria.
3. Zinc-Lead Concentrates: Sale of zinc and lead concentrates produced during ore processing.
4. Energy Sales (Electricity, Gas, Heat): ZGH Bolesław operates as an energy enterprise selling and distributing electricity, natural gas, and heat. The company has licenses for electricity and gas trading and distribution granted by the President of the Energy Regulatory Office (URE). Heat is produced in three separate sources in the Bolesław, Olkusz, and Dąbrówka areas.
5. Laboratory Services: Research laboratory services offered by the ZGH 'Bolesław' Research Laboratories, providing testing and analysis services.
6. Zinc-Bearing Waste Recovery: The company is active in the field of zinc-bearing waste recovery, processing secondary zinc materials.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

ZGH "Bolesław" S.A. is a vertically integrated mining and metallurgical complex that extracts zinc and lead ores from its own mine and processes them into high-purity electrolytic zinc (Z1 grade, 99.9975% purity), zinc alloys (ZZA series, Wegal MOD), sulphuric acid (VI), and zinc-lead concentrates for industrial customers in Poland and across Europe. The company additionally operates as a licensed energy enterprise distributing electricity, natural gas, and heat, and provides laboratory testing services and zinc-bearing waste recovery.

Product overview

ZGH Bolesław is a mining and metallurgical complex producing high-quality zinc and zinc products. The core product portfolio consists of Electrolytic Zinc (Z1 grade, 99.9975% purity, exceeding SHG standards), Zinc Alloys ZZA (for continuous galvanizing, available as ZZA 04/05/06/08), and Wegal MOD (for unitary hot galvanizing). The company also produces Sulphuric Acid as a byproduct of zinc processing. These products are manufactured from zinc and lead ores extracted from the company's own mine. Laboratory services support quality control and provide external testing services. The company also operates an energy business distributing electricity, natural gas, and heat.

Differentiator

Problem solved

Functional benefit

Brands

• Wegal MOD: Galvanizing zinc alloy produced on the basis of Z1 electrolytic zinc in the form of 900kg blocks, used for unitary hot galvanizing of steel and cast iron products
• ZZA
• ZGH Bolesław S.A.

Products and services

• Electrolytic Zinc (Cynk elektrolityczny) High-purity Z1 grade electrolytic zinc with nominal zinc content of 99.9975%, exceeding Special High Grade (SHG) requirements of 99.995%. Supplied in block and plate form for use in automotive, processing, construction, and other industries. Exported to Germany, Czech Republic, Slovakia, Austria, and France.
• Zinc Alloys ZZA (Stopy ocynkownicze ZZA) Zinc alloys ZZA 04, 05, 06, and 08 with precisely controlled aluminum content (0.35–0.85%) and controlled cadmium, iron, copper, tin, and lead levels. Produced in 700kg and 1000kg blocks for smelting, automotive, and continuous galvanizing applications.
• Wegal MOD Galvanizing zinc alloy based on Z1 electrolytic zinc containing Al (0.05–0.09%), Sn (0.10–0.14%), Ni (0.12–0.15%), and Mn (0.08–0.12%). Supplied in 900kg blocks for unitary hot galvanizing of steel and cast iron products.
• Sulphuric Acid (Kwas siarkowy) Sulphuric acid (VI) – colorless or gray liquid with pungent odor, generated as a byproduct of zinc processing. Used in chemical and processing industry. Exported to Germany, Czech Republic, Slovakia, and Austria. Transported in glass balloons, pallet containers, or polyethylene containers.
• Laboratory Services (Usługi laboratoryjne) Research laboratory testing and analytical services provided by the ZGH "Bolesław" Research Laboratories team (Zespół Laboratoriów Badawczych), supporting quality control and external customers.
• Energy Distribution (Electricity, Natural Gas, Heat) Licensed energy enterprise selling and distributing electricity, natural gas, and heat. Heat is produced in three separate sources in the Bolesław, Olkusz, and Dąbrówka areas, under URE-approved tariffs.
• Zinc-Lead Concentrates Zinc and lead concentrates produced during ore processing at the company's mining and metallurgical complex.

Quantifiable outcome

• Electrolytic zinc purity of 99.9975% (nominal), exceeding standard SHG of 99.995%
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators3 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Korea Zinc: World's largest zinc smelter and a producer of lead, copper, and precious metals. Comparable as a vertically integrated zinc/lead refiner with proprietary alloy products and a focus on high-purity specialty outputs.
• Dowa Holdings: Japanese non-ferrous metals smelter producing zinc, lead, and specialty products including recycling. Comparable as an Asian zinc smelter with focus on specialty alloys and environmental/recycling positioning.
• Nyrstar: Global multi-metals business with zinc and lead smelting operations across Europe and North America. Most directly comparable in terms of electrolytic zinc and lead smelting, product portfolio, and European customer base.
• Hindustan Zinc: India's largest zinc-lead integrated producer and a Vedanta subsidiary, operating mines and smelters producing SHG zinc and alloys. Comparable as an integrated mine-to-alloy operation with similar product mix.
• Nexa Resources: Integrated zinc mining and smelting company with operations in Brazil and Peru. Comparable as a mid-sized integrated zinc producer with similar vertical structure and exposure to LME zinc prices.
• Met-Mex Peñoles: Mexican integrated zinc/lead miner and refiner producing refined zinc, lead, and byproducts. Comparable as a vertically integrated non-ferrous metals producer with mining and smelting operations.

Regional players

• Volcan Compañía Minera: Peruvian zinc and lead mining company producing concentrates primarily for export to smelters. Comparable as a zinc/lead producer, though it operates at the mining stage rather than integrated smelting.

Broad incumbents

• Stalprodukt S.A. Polish steel and metallurgical products group that owns 86.92% of ZGH Bolesław. Direct parent and most relevant Polish regional comparable operating in adjacent steel/metallurgical sectors.
• Glencore Zinc: Glencore's zinc division is one of the world's largest integrated zinc producers across mining and smelting. Comparable as a global zinc/lead incumbent with broad geographic operations and integrated value chain.
• Boliden AB: Swedish mining and smelting company producing zinc, lead, copper, and other metals from owned mines. Comparable as a fully integrated zinc/lead miner-smelter operating across Northern Europe with downstream alloys and byproducts.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

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Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zakładach Górniczo-Hutniczych Bolesław