Our team spirit
The starting point for the Thumos brand is the meaning contained in our name – the Greek term Thumoswhich means strength, skill, determination, and bravery that allows turning vision into action and effect.
Thumos is a group of companies that operates to achieve outstanding results and change the environment for the better. Thumos possesses its own capital which it invests in solutions, technologies and people. It brings improvements to quality of life, new technologies and consumer behavior.
Thumos is an international investment – industrial holding group with subsidiaries which include one of the largest producers of plywood in Europe, a high-quality furniture manufacturer, a leading CEE supplier of internal logistics systems, and premium standard fit-out contractor. The Group has more than 80 years of experience and continues to look for dynamically growing companies in which to invest.
Thumos values that we particularly emphasize are:
Openness
Effectiveness
Passion in action
Trust
Our story began in 1931
We are flexible and we perfectly understand the needs of entrepreneurs
We are deeply engaged in our companies development
We have multi-sector experience
Our companies are market leaders
Our Companies
We initiate development of new investments by providing the following resources:
The best people
We are strong support for the current team, depending on the diagnosed needs we recruit the best specialists, who present intelligence, ownership, integrity and have positive energy.
Energy and dry powder
We bring with ourselves “can-do attitude” wherever we can. We unleash potential of the people and leverage it with capital. We have over EUR 300m assets under management.
R&D
We have invested several dozens of millions of euro so far in new technologies, machinery and solutions; we build an advantage based on well-thought-out investments.
Succession
Succession – We are not able to replace the genius of the founders, but by creating a succession plan and appropriate advisory bodies, we will be able to develop a solution that will keep the founder’s know-how and creation.
Future
We are not limited by the investment horizon. We think long-term keeping in mind the company’s values and identity.
Involvement
We are focused on achieving success together. We always work with passion and know how to motivate people and set ambitious goals. We do promote entrepreneurial spirit across the organization.
Global Networking
We focus on networking built for many years, we have contacts from various industries and sectors from pharma, FMCG, media to heavy industry. Our extensive network comprises of credible people who share similar values to ours.
Knowledge and experience
We manage companies from various sectors for many years; as a result we have developed cross sector know-how and experience in both manufacturing and service companies. We bring with ourselves insights and often perspective from very different angle. We also know how to create knowledge-based organizations.
Partnership and relation
We strive to create fair and clear rules of cooperation, so we are one team, with the same goals. We are also honest and simple in our communication. We do avoid corporate language, full of complexity. We want to be as close to entrepreneurs as possible and build long lasting relationships with partners, management and clients.
CSR
Our vision
As people who want to improve the World around, we come up with a business proposal that responds to current global problems. We believe that old style politics, environmental stressful lifestyle, social relationships, chaotic corporate cultures, bureaucratic behavior patterns and darwinist egoism are swan’s song and business needs to change. We have the ambition to face that change.
Our ambition is to build a top performing group of companies (operating in medium-sized investments sector) centered around 3 core investment platforms:
• Wood processing (advanced woodpannel solutions)
• Logistics and automation (internal transportation systems)
• Renewable Energy Sources (PV farms and technology innovations)
• Innovative products and services in our current portfolio companies
Our locations
Bury St. Edmunds
Buk Ltd.
BerlinEuropa Systems
ŻabówEuropa Systems
MorągPlywood Group
BartoszycePlywood Group
ParnuPlywood Group
PiszPlywood Group
WarsawThumos Poland
Forbis Group
Paged Trade
JasienicaPaged Meble Group
Sędziszów MałopolskiPaged Meble Group
ŚwilczaIvopol
NicosiaThumos Capital Limited
ŁódźKabos Cosmetics
Our locations
- Cyprus
- Nicosia – Thumos Capital Limited
- Poland
- Żabów – Europa Systems
- Morąg – Plywood Group
- Bartoszyce – Plywood Group
- Pisz – Plywood Group
- Łódź – Kabos Cosmetics
- Warsaw – Thumos Poland, Forbis Group, Paged Trade
- Jasienica – Paged Meble Group
- Sędziszów Małopolski – Paged Meble Group
- Świlcza – Ivopol
- Estonia
- Parnu – Plywood Group
- Great Britain
- Bury st. Edwards – Buk Ltd.
Thumos Group in numbers
EUR ~250m
Consolidated revenues in 2018
EUR >300m
Assets under management
5
Our companies have offices in 5 Europen countries
CAGR 14%
Average increase of revenues
between 2012-2018
~70
Our products are sold to over 70 countries worldwide
8
The numer of our businesses
5
We operates in 5 sectors
2.8x
Revenues increase
2018/2010
>80 years
Of experience in business development
+ EUR 170m
Increase of Thumos Group value
on WSE between 2009-2017
+ EUR 60m
Total value of acquisitions in the last 6 years