ATAL S.A. Nationwide Real Estate Developer

LEADING DEVELOPER

ATAL S.A. is the leading developer in terms of the number of apartments sold and the level of revenue generated from sales. After more than three decades in business, the developer perfectly knows and understands the realities and potential of the Polish real estate market. The extensive experience creates a competitive advantage that allows for flexible planning, faster project implementation and high margin on the investments. ATAL S.A. is distinguished by its understanding of clients’ needs and implementation of projects that meet their expectations. Moreover, a stable financial position and efficient management guarantee purchase security.

WIDE RANGE OF ACTIVITIES

The developer enjoys the right potential for growth and greater independence from changing market conditions thanks to the scale of its operations, which includes seven largest agglomerations in the country. Importantly, by using the potential of its own sales network, the company successfully acquires contracts on all local markets. Furthermore, ATAL is active in three sectors – residential, commercial and investment apartments – which allows for optimal use of resources. The company owns a large and diversified land bank, which secures its operations for years to come.

OWN GENERAL CONSTRUCTOR

The company’s own general construction company – ATAL Construction – ensures safety, high quality standards and timely completion of projects. In addition, ATAL focuses on long-term relationships with trusted business partners to scale up operations and minimize risks.

FINISHING PROGRAM

ATAL’s distinguishing feature is its proprietary ATAL Design apartment finishing program, which guarantees support in adjusting the design of the apartment to individual needs and makes it possible to purchase an apartment finished to “turnkey” standard.

Zbigniew Juroszek

Zbigniew Juroszek

President

Experienced businessman, founder and main shareholder of ATAL Group, which has been in operation since 1990. At the start of his career, Zbigniew Juroszek was associated with the clothing and textile industry. ATAL, which he managed, was a supplier of fabric to some of Poland’s best-known clothing manufacturers. Until 2023 he was a co-owner of STS S.A., which operates in the bookmaking industry and, through his family foundation, is currently a shareholder in Entain CEE, to which STS S.A. belongs.

Excellent management skills resulted in new investments for the company, this time in real estate. The first investments in the commercial real estate market were made in the second half of the 1990s. Over time, Zbigniew Juroszek started building residential complexes in Wrocław, and in the following years the company’s estates started to appear in other big Polish cities. For around a dozen years the President of ATAL S.A. has been featured on the list of the 100 richest Poles by Forbes magazine and Wprost weekly. His interests include business, sports and arts.

Mateusz Bromboszcz

Mateusz Bromboszcz

Vice President

At the Company, he is responsible for issues related to the legal and formal side of operations of the ATAL S.A.

Group Gained his experience by holding managerial positions in a law firm specializing in real estate and construction. He is a lawyer and an experienced practitioner and specialist in the real estate industry. Graduate of the Faculty of Law and Administration at the University of Silesia in Katowice.

Urszula Juroszek

Urszula Juroszek

Member of the Management Board for Human Resources and Payroll

Urszula Juroszek Together with the President of the Management Board of ATAL S.A., Mr. Zbigniew Juroszek, and since almost the very beginning of her professional career, she was associated with the creation, organization and ongoing management of business ventures. Her professional work focused mainly on the areas of sales management, supervision of administrative and investment activities and organization, in particular HR and payroll management. In ATAL S.A., Urszula Juroszek has been employed since 2012 as the Administrative Director of HR and Payroll supervising the HR department.

Andrzej Biedronka-Tetla

Andrzej Biedronka-Tetla

Member of the Management Board for Finances

Andrzej Biedronka-Tetla graduated from the Faculty of Law and Administration at the University of Silesia in Katowice, and post-graduate studies in accounting and finance, as well as managerial accounting at the University of Economics in Krakow. He holds an Executive MBA diploma and a Certificate in Business Accounting issued by The Chartered Institute of Management Accountants (CIMA). He started his professional career in the corporate banking segment in positions related to the credit risk assessment process and then the restructuring of debts of companies at risk. He also worked in business positions related to institutional clients, as well as led the department of corporate client advisors. In 2017, Andrzej Biedronka-Tetla joined the ATAL S.A. Team, where he held the position of Corporate Director, and from 2018 Financial Director, as a proxy. In the company, they are responsible for the financial and corporate aspects of the Group’s operations, budgeting and controlling as well as investor relations.

Board of directors

Mateusz Juroszek

Chairman of the Supervisory Board

Mateusz Juroszek is a graduate of the Faculty of Strategic Management at the Kozminski University in Warsaw. He majored in Management and Marketing, specialising in Strategic Management. Since 2012, he has been the President of the Management Board of STS SA. From 2011 to 2019, Mateusz Juroszek also held the position of the Vice-President of the Management Board of ATAL S.A.

Maciej Fijak

Vice-Chairman of the Supervisory Board (independent member)

A graduate of Accounting at the Faculty of Management at the University of Economics in Kraków and the Faculty of Biology and Earth Sciences at the Jagiellonian University.
 
He has experience in company finance management gained during more than 25 years of professional work, initially in banking by cooperation and analysis of enterprises from various industries, and then work in the financial departments of companies from the development (i.a. ATAL S.A. in 2010–2017) and production industry. He also has experience in servicing public companies and working in supervisory boards.

According to good practices of companies listed on the WSE 2021, Mr. Maciej Fijak meets the criteria of independence referred to in principle 2.3.

Wiesław Smaza

Member of the Supervisory Board

On our board since 2006 as: Member of the Supervisory Board (2006 – 2010), Vice-President of the Management Board (2010 - 2011), Procurent (2011), Developer Agreement Expert (2014-2017) and member of the Supervisory Board (since 2014). Even though Wiesław Smaza`s professional relationship was based on an employment contract, he was not subjected to the decisions of the Management Board Secondary education.

Dawid Prysak

Member of the Supervisory Board (independent member)

Member of the Supervisory Board (independent member), and a graduate of the Faculty of Economics at the Cracow University of Economics.
He completed studies in the field of managerial economics. He also holds an MBA diploma in Finance. For more than three years, he has been employed at STS S.A – since January 2019 in the position of Finance Director. Mr Dawid
Prysak has knowledge and professional experience gained in positions related to management accounting.

In accordance with the Best Practices of GPW Listed Companies of 2016, Mr Dawid Prysak meets the independence criteria referred to in Principle II.Z.4.

Elżbiera Spyra

Member of the Supervisory Board (independent member)

A graduate of the Faculty of Law and Administration at the University of Silesia in Katowice and the School of German Law at the Jagiellonian University in Krakow. She has several years of experience in providing legal and corporate services to business entities with Polish and foreign capital as well as public companies, which she has gained as part of foreign internships and work in law firms and companies. In recent years, she has been associated with companies listed on the Warsaw Stock Exchange from the industrial, development and bookmaking industries. She is licensed as a legal adviser and certified as a Compliance Officer.
In accordance with the Code of Best Practice for WSE Listed Companies 2021, Ms. Elżbieta Spyra meets the independence criteria referred to in principle 2.3.

AUDIT COMMITTEE

Dawid Prysak

Chairman of the Audit Committee, Independent Member

Member of the Supervisory Board (independent member), and a graduate of the Faculty of Economics at the Cracow University of Economics.
He completed studies in the field of managerial economics. He also holds an MBA diploma in Finance. For more than three years, he has been employed at STS S.A – since January 2019 in the position of Finance Director. Mr Dawid
Prysak has knowledge and professional experience gained in positions related to management accounting.

In accordance with the Best Practices of GPW Listed Companies of 2016, Mr Dawid Prysak meets the independence criteria referred to in Principle II.Z.4.

Elżbiera Spyra

Member of the Audit Committee, Independent Member

A graduate of the Faculty of Law and Administration at the University of Silesia in Katowice and the School of German Law at the Jagiellonian University in Krakow. She has several years of experience in providing legal and corporate services to business entities with Polish and foreign capital as well as public companies, which she has gained as part of foreign internships and work in law firms and companies. In recent years, she has been associated with companies listed on the Warsaw Stock Exchange from the industrial, development and bookmaking industries. She is licensed as a legal adviser and certified as a Compliance Officer.
In accordance with the Code of Best Practice for WSE Listed Companies 2021, Ms. Elżbieta Spyra meets the independence criteria referred to in principle 2.3.

Wiesław Smaza

Member of the Audit Committee

On our board since 2006 as: Member of the Supervisory Board (2006 – 2010), Vice-President of the Management Board (2010 - 2011), Procurent (2011), Developer Agreement Expert (2014-2017) and member of the Supervisory Board (since 2014). Even though Wiesław Smaza`s professional relationship was based on an employment contract, he was not subjected to the decisions of the Management Board Secondary education.

We have been building
for you
for over 30 years

Capital Group

Grupa kapitałowa ATAL S.A.

History

Locations

Implementing investments in new locations

Sales / Units on offer

High volume of apartment sales (2833) and high volume of apartments offered (4043)

Land

Record level of expenditure on new land – PLN 373 million.

Profitability

Record net profit of PLN 368 million.

Sales

Record sales of 4258 units.

Profitability

Record net profit of PLN 331 million.

Handovers

Record handovers of 3002 units.

Revenue

Record Group revenue of PLN 1167 million.

Sales

Rekordowa sprzedaż 3180 lokali.

Units on offer

Record number of units on offer: 4442.

Handovers

Record handovers of 2678 units.

Dividend

Record paid out dividend of PLN 181 million.

Sales

Record sales of 2726 units.

Land

Record level of expenditure on new land – PLN 232 million.

Units on offer

Record number of units on offer: 2407.

Locations

Launching operations on the Tricity and Poznań markets.

Sales

Record sales of 1688 units.

Other

Debut on the WSE Main Market.

Handovers

Record handovers of 1655 units.

Revenue

Record Group revenue of PLN 507 million

Sales

Record sales of 1301 units.

Other

Debut on the WSE Catalyst bond market.

Locations

Launching operations on the Warsaw market.

Other

Launching ATAL Design interior finishing program.

Locations

Launching operations on the Kraków and Łódź markets.

Other

Establishment of ATAL S.A. joint-stock company.

Locations

Launching operations on the Kraków and Łódź markets.

Other

Establishment of ATAL S.A. joint-stock company

Strategy

COMPANY VALUE INCREASE

One of the main pillars of the adopted and consistently implemented strategy is profitable growth. The main objective is to maximize the company’s value for shareholders by implementing high-margin real estate development projects. What is more, ATAL focuses on strengthening its leading position on the market by investing in subsequent projects.

GEOGRAPHIC DIVERSIFICATION

For years, ATAL has been organically building branches in eight of the country’s largest agglomerations and is currently recording very good sales results in all markets. Geographic diversification creates the potential for further growth, at the same time guaranteeing greater independence from local market conditions.

REAL ESTATE DEVELOPMENT ACTIVITY

The company focuses on the development of residential complexes in attractive locations in Poland’s eight largest agglomerations. These are diversified projects, allowing us to reach different audiences – those looking for projects in the popular segment, as well as investments with higher standards. Another source of revenue and profit is multi-functional and commercial developments – offering investment and office premises. The developer also offers a proprietary “turnkey” apartment finishing program – ATAL Design.

UNIQUE BUSINESS MODEL

ATAL’s business model minimizes the involvement of intermediaries by relying on its own general contracting company and an extended internal organizational structure that allows for comprehensive implementation and servicing of investment projects – starting with the purchase of land, to design and construction work, ending with sales. All of this contributes to achieving the desired profitability, while maintaining a competitive level of apartment sales prices and high quality of workmanship.

FINANCIAL STABILITY

As a company listed on the Warsaw Stock Exchange, ATAL is fully transparent. The company’s good condition and financial stability are confirmed by periodically published reports. A pillar of the business strategy is to diversify the sources of investment financing, using both bank funds and capital market funds.

Strengths

EXTENSIVE EXPERIENCE in the implementation of development projects

LARGEST REAL ESTATE DEVELOPMENT COMPANY with Polish capital

QUALIFIED STAFF including management and over 300 experienced specialists

EXTENSIVE ORGANIZATIONAL STRUCTURE minimizing the involvement of intermediaries, without the participation of special purpose vehicles

OWN DESIGN OFFICE cooperating with renowned architectural agencies

HIGH CONTRACTING POWER on all seven markets

UNIQUE FINISHING PROGRAM ATAL Design “turnkey” apartments

STRONG FINANCIAL POSITION resulting from high levels of profitability and diversification of funding sources

EXTENSIVE LAND BANK and a smart land purchase policy