On Thursday, 28 April 2005, Krzysztof Olszewski, founder and Chairman of Solaris Bus & Coach Sp. z o.o., regained full control over the company by buying back 28,545 shares (which account for 82.32% of the company‘s capital)
previously held by Kredyt Bank.
For the last three years the shares were in possession of Kredyt Bank. The transaction was financed by investment fund managed by Mezzanine Management, while the company‘s current financing has been assumed by Bank BPH.
"I am very glad to inform you about the transaction which was originally announced in late-2004. Regaining full control over the company‘s shares is yet another step on our way to being listed at the Warsaw Stock Exchange, which we plan for the end of the year", Krzysztof Olszewski commented upon the transaction.
Let us remind that in mid-April 2005, Krzysztof Olszewski was conferred the title of "Manager of the Year 2004" in a competition organized by the Manager Association of Poland. Solaris Bus & Coach is also one of the three final stage contestants in the "Exporter" category of the Polish President‘s Economic Prize, whose final results shall be announced on 20 July.
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Information Solaris
Solaris Bus & Coach sp. z o.o. is a leading producer of city and intercity buses in Europe. It focuses on the development of low-emission and zero-emission vehicles, i. e. electric and hydrogen buses as well as trolleybuses. Over 25,000 Solaris vehicles have been delivered so far and they ply the streets in 850 towns and cities across 33 countries located throughout Europe as well as beyond it. Solaris is part of the Spanish CAF Group (Construcciones y Auxiliar de Ferrocarriles) S.A. From conception, to the design and manufacturing phases, all Solaris buses are produced in Poland. All activities undertaken by the company are in line with its mission, which is reflected in the brand’s promise: to change the image of public transport. Solaris also actively partners with public transport operators and provides them with comprehensive support in their transition to zero-emission mobility. Solaris products have been repeatedly awarded for quality and innovation. The Urbino 18 hydrogen bus has won the prestigious 'Bus of the Year 2025' title.
Additional information
Mateusz Figaszewski
Institutional Partnerships and External Relations Director
mateusz.figaszewski@solarisbus.com
