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Michał Sołowow

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Name
  
Michal Solowow

Net worth
  
1.98 billion USD (2015)

Role
  
Businessman

Parents
  
Andrzej Solowow

Michal Solowow cdn18sesmcloudnettphotost318961germanefro

Micha so owow kielce umieraj


Michał Sołowow (born July 11, 1962 in Kielce) is a Polish businessman and rally driver. He was the European vice-champion (2008), the vice-champion of Poland (2006), the European vice-champion (2006), and two-time vice-champion of Poland (2004, 2005).

Contents

Michał Sołowow Michal Solowow Alchetron The Free Social Encyclopedia

His wealth is estimated at the over 6 bn złoty (in 2006 - 3.6 bn); he is one of the biggest Polish stock exchange investors. He is an important shareholder of the following companies: Synthos (chemical industry), Cersanit (sanitary ceramics and tiles), Echo Investment (development activity), and Barlinek (producer of floorboards).

In 2007, Forbes estimated his net worth at 2.3 billion US dollars.

Micha so owow najbogatszy sportowiec wiata na bogato


Business empire

Michał Sołowow static1moneyplih203nm157899jpg

Sołowow bought shares in the chemical company Dwory (now Synthos) and funded its expansion with debt, taking advantage of low interest rates at the time. He then diversified into ceramic tiles, wood floors and real estate. He gave up any management roles but is still an active investor on Warsaw Stock Exchange and lives in Maslow, a village on the borders of Kielce, Swietokrzyskie voivodship.

Michał Sołowow Michal Solowow Alchetron The Free Social Encyclopedia

He is an important shareholder of the following companies:


  • Synthos S.A. (chemical industry). One of the largest Polish chemical companies. It manufactures synthetic rubber and latex, styrene materials and vinyl dispersions.
  • Cersanit S.A. – (sanitary ceramics and tiles). One of the largest and most dynamically growing companies in Poland and a nationwide leader in complex bathroom equipment, intensely expanding its range of export operations (the share of exports in total revenues from sales earned by the company exceeds 40%).
  • Echo Investment (property development activity). The company conducts building projects for flats, offices, shopping centres, hotels, entertainment and also property management.
  • Barlinek S.A. (producer of floorboards). One of the largest manufacturers of natural wooden flooring systems in the world, and the most recognizable brand of natural floors in Poland. Barlinek floorboards are exported to more than 30 countries on 3 continents. The company holds about a 65% share of the market in Polish flooring.
  • Ultra Pack S.A. – Polish leader in production of corrugated board packagings.
  • North Fish Polska Sp. z o.o. – a chain of restaurants offering fish and seafood.

    • Michał Sołowow Micha Soowow waciciel Echo Investment fotografia biznesowa

    He pulled out of launching a newspaper because of intense competition. He also merged Cersanit with Opoczno, the second-largest company in the ceramics sector. His companies invest in and acquire companies in several countries of the CEE region, including Russia, the Czech Republic, Hungary, Lithuania, Ukraine and Romania.

    Michał Sołowow Dzi wieczorem Micha Soowow YouTube

    Sołowow’s funds, which invest in the futures market, currency market, and materials markets, manage the capital from stock exchange transactions. The funds are:

  • Magellan Pro-Equity Fund I S.A.
  • Columbus Pro-Equity Fund II Sp. z o.o.
  • Amundsen Pro-Equity Fund III Sp. z o.o.
  • Barco Pro-Equity Fund Sp. z o.o.

    • WRC results

    * Season still in progress.

    References

    Michał Sołowow Wikipedia
    (Text) CC BY-SA


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