Fabryka Sprzetu I Narzedzi Gorniczych Fasing SA

What Fabryka Sprzetu I Narzedzi Gorniczych Fasing SA does

Fabryka Sprzętu i Narzędzi Górniczych FASING SA (WSE: FSG/FAS) is the world's largest manufacturer of link chains, founded in 1913 and headquartered in Katowice, Poland. The company operates with a workforce in the 501–1,000 range and produces round and flat link chains deployed across mining, energy, fishing, sugar, cement, and wood industries. It is publicly listed on the Warsaw Stock Exchange and operates as the parent of an international distribution network.

FASING's technical capabilities center on metallurgical and chain-engineering know-how, evidenced by proprietary steel grades, patented double-flat link chain designs, patented connecting links, and complete chain assemblies. The product range is engineered for specific operating conditions rather than generic commodity use, implying a custom-engineering component in the manufacturing workflow and a capacity to deliver application-specific chain solutions.

The business model is industrial B2B: FASING sells to more than 4,000 customers in 50 countries through owned international subsidiaries — FASING Sino-Pol in China (established 2016), FASING America in the United States (established 2019), and FASING Ukraine (established 2011) — supported by multilingual sales teams. Standalone revenue grew from 117,328 thousand PLN in 2021 to 242,698 thousand PLN in 2025, with consolidated 2025 revenue of 292,317 thousand PLN and net profit of 8,921 thousand PLN, reflecting both organic expansion and execution of the international build-out.

Name

Fabryka Sprzetu I Narzedzi Gorniczych Fasing SA

Legal name

Fabryka Sprzętu i Narzędzi Górniczych Grupa Kapitałowa FASING Spółka Akcyjna

Website

https://fasing.pl

Company type

Public

Founded year

1913

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Fabryka Sprzętu i Narzędzi Górniczych FASING SA is the world's largest manufacturer of round and flat link chains, serving 4,000+ customers in 50 countries across mining, energy, fishing, sugar, cement, and wood industries from Katowice, Poland.

Ownership category

akta.pro rank

Headquarters

HQ city

Katowice

HQ country

Poland

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Industrial Chain and Accessories Sales: FASING generates revenue primarily through the manufacture and sale of link chains (round and flat), connecting links, flight bars, chain assemblies, and related accessories for mining, energy, fishing, lifting, cement, sugar, and other industrial sectors. Products are offered in standard configurations as well as custom solutions tailored to individual customer requirements and operating conditions. The company ships products globally to over 4,000 customers in 50 countries.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

FASING S.A. manufactures and sells a comprehensive range of link chains (round and flat), connecting links, flight bars, chain assemblies, and accessories used primarily in mining, energy, fishing, lifting, cement, sugar, and wood industries. As the world's largest manufacturer of link chains, the company produces chains in diameters from 9mm to 60mm using proprietary WO (Wysoko Optymalna) steel grades with specialized multi-stage heat treatment. Products are sold globally to over 4,000 customers in 50 countries, with quote-based pricing tailored to each customer's specific operating conditions and conveyor configurations.

Product overview

FASING S.A. is the world's largest manufacturer of link chains, offering a comprehensive portfolio of round link mining chains, flat link mining chains (including innovative Master Profile variants with double and triple low designs), chain assemblies, flight bars, clamps, locks, connecting links, wear-resistant chains, lifting chains, and chains for marine/fishing applications. The company provides chains with diameters from Ø9mm to Ø60mm. The product range includes standard products conforming to DIN, PN, GB/T, and GOST standards, as well as enhanced property classes using proprietary WO (Wysoko Optymalna) steel with special heat treatment. The company also produces customized solutions for OEM manufacturers. Key product lines serve mining, energy, cement, sugar, timber industries, fishing, and lifting/transportation sectors.

Differentiator

Problem solved

Functional benefit

Brands

• MOJ S.A. Modern company producing couplings, drills, hydraulic equipment for electromechanical industry - 61.38% owned subsidiary
• FASING
• FASFISH
• Master Profile
• Solid Profile

Products and services

• Round Link Mining Chains Round link mining chains manufactured per DIN 22252, PN-G-46701, GB/T-12718, and GOST 25996 standards, offered in enhanced property grades from PW-9 through E-FASING (>1100 MPa). Used in armoured face conveyors, shearer miners, and plow systems for underground coal mining operations worldwide.
• Flat Link Mining Chains Flat link mining chains produced in four variants: standard DIN 22255, double-low Master Profile, triple-low Master Profile, and Solid Profile. These chains can replace round chains of the same nominal diameter without conveyor modification, offering lower profile heights and increased durability for underground mining.
• Chain Assemblies (Chain Routes) Complete chain assemblies with one, two, three or more chain strands of outboard and inboard chain guidance, including flight bars, clamps, and locks. Used in mining conveyors, heating industry, agriculture, power industry, and metallurgy.
• Flight Bars, Clamps, and Locks Forged flight bars of increased wear resistance for outboard and inboard chain assemblies, locks according to DIN 22253 and PN-G-46696 standards, and forged/bended clamps. All accessories meet highest quality and strength requirements through inspection at every production stage.
• Connecting Links Wide range of connecting links suited to specific performance conditions: OZUS (universal bolt-type), OZUZR (universal lock-type rapid), OZPZR (horizontal lock-type rapid), OZBR (block-type). Special heat treatment guarantees increased mechanical and performance parameters.
• Wear Resistant Round Link Chains Wear resistant round link chains including hardened technical UT chains, hardened special US chains, case hardened technical NT chains, and case hardened special NS chains. Feature geometry consistent with DIN 22252 and offer higher wear resistance and mechanical properties.
• Lifting Chains and Chains for Hoists Special short-link chains with high hardness value for use in chain slings, lifting and carrying loads. Available in grades 8, 10, 11, and 12 according to PAS 1061, ASTM A973/A973M, PN-EN 818-2, and PN-G-46732 standards.
• FASFISH Marine, Fishing and General Purpose Chains FASFISH chains for marine and fishing industry, short-link chains, medium-link chains, long-link chains, general purpose calibrated and non-calibrated chains according to various DIN and PN standards, and accessories including C and S-type hooks.
• FASING 52x170-128 Double Flat Link Chain Innovative double flat link mining chain, Model 52x170-128, designed for underground mining conveyor applications with improved durability and performance.

Quantifiable outcome

• Chains with over 65% higher mechanical parameters than DIN 22255 requirements for Solid Profile products
• +2 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Nine partnerships are on record, tiered core, moderate and minor.

• Silesian University of Technology (Politechnika Śląska)coreStrategic or Co-development Partner · 15 January 2026FASING Group signed a cooperation agreement with the Silesian University of Technology on January 15, 2026, covering research, education, and human resources. This agreement builds on long-standing informal cooperation and strengthens ties with one of the company's key academic partners in Poland.
• AGH University of Science and Technology (Akademia Górniczo-Hutnicza)coreStrategic or Co-development PartnerLong-standing cooperation with AGH University for joint research, exchange of scientific and engineering information, and implementation of research results into industrial practice. AGH is one of Poland's leading technical universities with strong mining and metallurgy programs.
• Central Mining Institute (Główny Instytut Górnictwa, GIG)coreStrategic or Co-development PartnerFASING maintains close cooperation with the Central Mining Institute, conducting joint research activities and exchanging scientific and technical information related to mining equipment and chain technology.
• Military University of Technology (Wojskowa Akademia Techniczna)moderateStrategic or Co-development PartnerFASING has cooperation agreements with the Military University of Technology for joint research and development, enabling access to advanced materials science and engineering expertise.
• Chinese Mine Safety Technology Research InstitutemoderateStrategic or Co-development PartnerFASING conducts international R&D projects in cooperation with the Chinese Mine Safety Technology Research Institute, supporting product development for the Chinese market.
• Product Evaluation System Inc.moderateStrategic or Co-development PartnerFASING cooperates with Product Evaluation System Inc., an accredited research center specialized in metallurgical research located in Pennsylvania, USA. Supports product validation and evaluation for the North American market.
• Institute of Mining Technology KOMAG (Instytut Techniki Górniczej KOMAG)coreStrategic or Co-development PartnerFASING cooperates with KOMAG on research and development projects, including participation in the KOMEKO scientific conference organized by the institute. KOMAG is a leading Polish research institution specializing in mining technology.
• European Union (Fundusze Europejskie dla Śląskiego 2021-2027)moderateOthersFASING is implementing a transformation project co-financed by the European Union under the European Funds for Silesia 2021-2027 program, specifically Action FESL 10.04 'Support for large enterprises for transformation.' The project titled 'Technological and energy-intensive areas transformation to limit negative environmental impact and diversify sales markets' receives EU co-funding.
• National Court Register (KRS) - Polish Commercial RegisterminorOthersFASING S.A. is registered in the National Court Register at the Katowice VIII Economic Division, KRS number 0000120721, NIP (Tax ID): 634-025-76-23, REGON: 271569537.

Scale indicators8 records

Recent moves13 records

Expansion highlights5 records

Direct peers

• Donghua Chain Group: One of China's largest industrial chain manufacturers, producing roller chains, leaf chains, mining chains and conveyor chains for global markets. Comparable to FASING as a major mining/conveyor chain competitor, particularly relevant given FASING's significant Chinese subsidiary and China-focused export strategy.
• Pewag Group: Austrian-based global manufacturer of chains, chain components and tire protection chains. Directly comparable to FASING as a premium industrial chain producer with overlapping mining, lifting and conveyor chain product lines serving global customers.
• KettenWulf GmbH: German family-owned chain manufacturer producing round link chains, flat link chains and chain systems primarily for mining, quarrying and bulk material handling. Closely comparable to FASING in product mix, customer base (mining OEMs and operators) and European manufacturing heritage.
• Webster Industries: US-based manufacturer of engineered chain and conveyor products for mining, aggregate and bulk material handling industries. Comparable to FASING in mining conveyor chain offerings and in serving North American customers, complementing FASING America Corp.'s positioning.
• Thiele GmbH & Co. KG: German manufacturer specializing in round link chains, chain components and chain systems for mining, lifting and bulk material handling. Closely comparable to FASING's core mining chain portfolio (DIN 22252/22255 equivalent grades) and its integrated chain-route offering.
• RUD Group: German industrial chain and lifting equipment manufacturer serving mining, conveyor and heavy industries worldwide. Comparable to FASING in mining chain technology, lifting chains and integrated chain systems, with comparable patent-driven differentiation.

Emerging players

• Columbus McKinnon Corporation: US-based designer and manufacturer of lifting, rigging and material handling products including hoists, chain slings and overhead lifting chains. Comparable to FASING through overlapping lifting chain grades (8/10/12) and overlapping industrial end-customers, though broader in lifting product scope.

Broad incumbents

• Bekaert SA: Belgian global leader in steel wire transformation and coated wire products, with historical exposure to mining ropes and industrial chain applications. Comparable to FASING as a global industrial metal-product manufacturer with mining customer overlap, though broader in scope than chains.
• Joy Global / Komatsu Mining: Major OEM of underground mining equipment including longwall shearers, armored face conveyors and roof bolters that consume mining chains as critical wear parts. Comparable to FASING as a customer/competitor interface: Komatsu specifies chains from FASING-class suppliers, defining demand for premium mining chain grades.
• Tsubakimoto Chain Co. Large Japanese manufacturer of power transmission chains, conveyor chains and industrial chain systems with global operations. Comparable to FASING in chain technology and mining/conveyor applications, but operates at significantly larger scale across multiple chain categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Fabryka Sprzetu I Narzedzi Gorniczych Fasing SA