The Warsaw Stock Exchange has set May 14 as the first trading day for MAZOP Group S.A. shares on the NewConnect market. The Polish manufacturer of packaging solutions for e-commerce, industry, and the automotive sector is entering the alternative market with clear development plans and ambitions to strengthen its position in the packaging industry. Series A, B, and C shares will be introduced to trading.
Over the past few years, MAZOP Group has been consistently expanding its operations internationally. In 2024, exports accounted for 58% of the Group’s total revenue. Its products reached customers in 24 countries, with key markets including Germany, the Netherlands, France, and the Nordic countries. The company saw particularly strong year-over-year sales growth in the Netherlands (55%), Sweden (40%), and Finland (182%).
In 2024, MAZOP Group opened a sales office in Germany and established a subsidiary—MAZOP GmbH—in Munich, enabling direct sales and higher profit margins.
“We decided to change our business model in Germany by eliminating intermediaries and building our own sales department. It was a bold move, but it’s already showing positive results. In the first quarter of 2025, we supplied our products to over 60 companies—three times more than in the same period last year,” says Krzysztof Rusin, CEO of MAZOP Group S.A.
Strong Financial Results and Production Capacity
In 2024, the Group generated consolidated revenue exceeding PLN 40 million. Thanks to a modern production facility, MAZOP Group currently has the capacity to produce up to 72 million packaging units annually. In the coming years, the company plans further investments in production infrastructure, including the purchase of new production lines to scale capacity utilization.
“The debut on NewConnect is a natural step in the company’s development. In earlier stages, we raised capital through private investor share offerings. Now, we’re ready for further growth, value creation for shareholders, and greater international expansion. We believe in the potential of the Polish capital market and want to share our growth with investors,” adds Rusin.
Expanding Product Portfolio and Innovation
MAZOP Group is actively expanding its product range. Recent additions include pallet containers made of cardboard, wood, foam inserts, and paper honeycomb; Fixboxes with polyurethane film for securing electronic components; and Safeboxes—innovative packaging designed to prevent tampering and theft during shipping.
One of the company’s standout products, the Rollbox Pro—a reinforced version of the classic wrap for books and documents—achieved sales of 1.86 million units in 2024. MAZOP is also developing eco-friendly paper honeycomb fillings, which are gaining popularity in the furniture and automotive industries.
Growth of Subsidiary Sheep Me
MAZOP is also scaling its subsidiary, Sheep Me, which specializes in fulfillment services for the e-commerce sector. In 2024, Sheep Me increased its revenue by 60%, reaching PLN 1.7 million. The company plans to further scale and expand this segment in the coming years.
