What is the main business of Karmar?

The main business activity of Karmar focuses on development of non-residential building projects.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on October 17, 2002.

Where is the headquarters located?

The headquarters is located at: ul. Grójecka 208, 02-390 Warszawa.

Who is on the management board?

The management board consists of: Anna Wójcik Mickiewicz (President of the Management Board) and Małgorzata Wasiluk (Member of the Management Board).

What is the share capital?

The share capital of the company is PLN 20,000,002 (approx. $5.4 million).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.

What revenue was generated?

In 2024, the company generated total revenue of $54,472,336, representing a decrease of 50.9% compared to 2023.

Is the company profitable?

Yes, in 2024 the company was profitable, achieving a net profit of $6,321,329, meaning the company increased its profit by 92.3%.

What is the largest operating cost?

The largest operating cost category falls under materials and energy. This category amounted to $43,487,489 in 2024, representing 91% of all operating expenses.

KarmarS.A.

Development of non-residential building projects

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2002-10-17

Share capital

20 000 002,50 PLN

Activity description

Karmar is one of the leading construction companies in Poland, specializing in comprehensive services across key market sectors. The company is part of Bouygues Construction and utilizes the latest technologies and specialized knowledge in its projects.

Registered address

ul. Grójecka 208, 02-390 Warszawa, Poland

Website

karmar.com.pl

Electronic delivery address

AE:PL-35577-58699-JHISR-31

Financials

Revenue history (in m)

Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 27.69mMedianUSD 205.22kAverageUSD 3.30m

Net profit

This companyUSD -1.36mMedianUSD -1.95kAverageUSD 123.45k

Operating costs

This companyUSD 25.71mMedianUSD 172.22kAverageUSD 2.70m

Assets

This companyUSD 33.63mMedianUSD 2.33mAverageUSD 9.34m

Industry

Bank accounts

Registered as a VAT taxpayer on 2003-12-31. Active

Credit Agricole Bank Polska
09 1940 1210 0103 1154 0010 0000
Société Générale Oddział w Polsce
66 1840 0007 2214 8860 0700 1119
Credit Agricole Bank Polska
66 1940 1210 0103 1154 0090 0000

Debt

No entries in the National Debtors Register (KRZ). No proceedings in KRZ

Real estate

Type	Amount
Buildings and premises	PLN 99,195PLN 99,195

Public aid

Grant date	Purpose	Gross amount	Granting body
May 29, 2023	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier)	$2,514$2,514	Prezydent Miasta Stołecznego Warszawy

Tenders

1 tender recorded as contractor, with a total value of $13,913,851.

Publication date	Subject	Amount	Contracting authority
Oct 21, 2024	Budowa nowego budynku wielofunkcyjnego "T" na potrzeby działu transportu oraz funkcji medycznych w ramach kompleksu Państwowego Instytutu Medycznego Ministerstwa Spraw Wewnętrznych i Administracji	$13.9M$13,913,851	Państwowy Instytut Medyczny Ministerstwa Spraw Wewnętrznych i Administracji

Public procurement disputes (KIO)

Karmar has been a party to 13 cases before the National Appeal Chamber (since 2008). It filed 5 appeals (2 upheld, 3 dismissed). In 8 cases it joined the proceedings as a participant.

Date	Case no.	Role	Other party	Outcome
May 7, 2025	KIO 1451/25	Participant (on appellant's side)	Wojskowy Zarząd Infrastruktury w Poznaniu	Discontinued
Apr 28, 2025	KIO 1191/25	Participant (on appellant's side)	AMW SINEVIA Sp. z o.o.	Upheld
Mar 10, 2025	KIO 459/25	Participant (on appellant's side)	Komenda Wojewódzka Policji w Katowicach	Discontinued
Aug 13, 2024	KIO 2530/24	Participant (on appellant's side)	Sieć Badawcza Łukasiewicz - Instytut Chemii Przemysłowej im. Profesora Ignacego Mościckiego w Warszawie	Discontinued
Jun 17, 2024	KIO 1859/24	Appellant	Uniwersytet Warszawski	Upheld

Trademarks

Karmar currently holds no active trademarks with the Polish Patent Office. 2 marks have expired or were not registered. The first mark was filed in 2004.

Mark	Number	Classes	Status	Protected until
KARMAR	Z.309655	36, 37, 42	Not registered	–
KM KARMAR S.A.	Z.285580	36, 37, 42	Expired	–

Mark	Protected until
KARMAR	–
KM KARMAR S.A.	–

Regulatory authorisations

Authority	Type	Status
BDO	BDO register entry	Active

Authorized Representatives

Anna Wójcik Mickiewicz – President of the Management Board

Małgorzata Wasiluk – Management Board Member

Tomasz Olej – Attorney-in-fact (joint)

Manner of representation

The right to represent the company is vested in: 1. two members of the management board of the company acting jointly; 2. a member of the management board of the company acting jointly with a commercial proxy.

Supervisory board

Pascal Bärtschi – Supervisory Board Member

Yoan Fourmanoir – Supervisory Board Member

Pierre Skorochod – Supervisory Board Member

Beneficial owners

Person	Rights

Subsidiaries

	Name	Share value	Stake
	PPP Venture Isp. z o.o.	1,350.62 USD	100%

Competitors

Name	Revenue	Website
A11 Bissp. z o.o.	$54,512,717.49	skanska.pl
Akrom Morkasp. k.	$26,253,208.11	akrom.pl
Carconsp. z o.o.	$11,883,024.95	carcon.pl
Poznańska Korporacja Budowlana PekabexS.A.	$8,337,267.70	pekabex.com
Ready Constructsp. z o.o.	$7,217,381.90	readyconstruct.com
Prestige Housesp. z o.o.	$4,549,048.20	prestige-house.pl
Top ConstructionS.A.	$3,513,552.61	topconstruction.pl
AMB Berneckasp. k.	$3,099,117.81	amb.lu

Change history

Date	Event
2025-10-22	PKD change (Removed: 41.10.Z, 41.20.Z, 42.11.Z, 42.99.Z, 43.29.Z; Added: 41.00.B, 43.23.Z, 43.31.Z, 43.91.Z, 68.12.B)
2023-12-30	Share capital change (20,000,000.00 PLN → 20,000,002.50 PLN)
2018-05-11	Share capital change (14,973,625.00 PLN → 20,000,000.00 PLN)
2017-05-13	Address change (Aleja Wyścigowa 6, 02-681, Warszawa → Ul. Grójecka 208, 02-390, Warszawa)
2015-09-22	PKD change (Removed: 16.21.Z, 16.24.Z, 16.29.Z, 23, 24, 25, 38, 42.12.Z, 42.13.Z, 42.21.Z, 42.91.Z, 43.31.Z, 43.32.Z, 43.33.Z, 43.34.Z, 43.39.Z, 43.91.Z, 45.20.Z, 46, 49.41.Z, 52.10.B, 52.21.Z, 55.10.Z, 56.10.A, 58.11.Z, 58.12.Z, 58.13.Z, 58.14.Z, 58.19.Z, 61.10.Z, 61.20.Z, 61.30.Z, 62.01.Z, 62.02.Z, 62.09.Z, 63.11.Z, 63.12.Z, 64.19.Z, 68.10.Z, 68.20.Z, 68.31.Z, 68.32.Z, 69.20.Z, 70.21.Z, 70.22.Z, 71.11.Z, 71.12.Z, 71.20.B, 73.11.Z, 73.12.A, 73.12.B, 73.12.C, 73.12.D, 78.10.Z, 78.30.Z, 82.11.Z, 82.19.Z, 82.99.Z)

FAQ

Last updated: 2026-07-15