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BROEN-ZAWGAZ

2008-06-10



Dear Sirs and Madams

      
We would like to inform you that on 15th May 2008 the Danish group BROEN became the owner of 100% of the shares of ZAWGAZ  Ltd in Suchy Las and ARMATURA Ltd w Rogo¼no.
      
BROEN operates in many areas: construction installations, heat engineering, laboratory fixtures; it also manufactures valves for heat engineering and gas industries and, in this area, is the biggest manufacturer of ball valves for heat engineering and industrial installations. BROEN is part of the Dutch concern Aalbert Industries N.V.

      
ZAWGAZ for over a dozen years of its independent development has created a broad range of valves mainly for the gas and petrochemical industry. Products of ZAWGAZ are marked by high quality and the company is regarded as a solid, reliable and loyal partner.
      
The incorporation of ZAWGAZ into the BROEN Group will allow to expand BROEN’s offer by fixtures for gas and petroleum derivatives. BROEN has invested for years in the research on products for those industries, especially in the USA and Central and Eastern Europe. The experience, technology and brand of products of ZAWGAZ will provide a solid foundation on this quickly-developing market.
      
For ZAWGAZ, the membership in the BROEN Group mmeans a further development of its product line, modernisation and increase of its productive potential and opening onto new ready markets.
      
We are convinced that BROEN –ZAWGAZ Ltd , because this is the new name of the company, will be able to fulfil your needs to an even greater degree and any changes resulting from the merger will positively influence the development and success of your companies.
      
The persons with whom you have contacted until now in ZAWGAZ, have not changed. In matters that do not concern daily cooperation, please contact the new President of the Board, Ryszard Krzy¶ków or the Managing Director, Olgierd Hańczewski.

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Safety
Our Product Liability Insurance, warranted by AON company, covers all countries of the world for the amount of 15 mln EUR.

Quality
Thanks to innovatory design we achieve the highest technical level of the manufactured products, confirmed by customers from 13 countries of the world.

Experience
Our knowledge is based on over 20-year experience and expertness in the field of valves.
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