Dancoal Sp. z o.o.

The company was established in June 2008
as Dancook. From the very beginning, the company focused its business profile on manufacturing charcoal and briquette, solid starters,
and disposable grills. Due to the global crisis
of September 2008, credit constraints imposed by banks forced the company to delay its development plans and instead of building its own facility commence reduced production in a rented hall in the Goleniów Industrial Park.

In 2011 the company started building its own production facility and moved production lines
in the middle of 2012. Still the same year,
the company started building another hall
of 2,870 m2. In December 2012, the company obtained EU funding for designing and building modern production lines. The funding helped commencing the production of solid starters
and disposable grills. In December 2013,
the company changed its name to Dancoal.

From the beginning of its activity, the company
has been rapidly growing from revenue
of PLN 11 million during its first accounting year 2008/2009 to turnover of PLN 90 million
in 2014/2015. This rapid growth was recognised by the Forbes Magazine and in January 2015
the company was awarded the title of Forbes’ Diamond for the 1st place in the Westpomeranian Region and 34th place in Poland in the ranking
of companies generating income of PLN 50-250 million (award covers three years of operation). Every year the company is awarded the title
of Business Gazelle by monthly magazine Puls Biznesu. In 2015 the company was awarded
for their production in Poland by the Minister
of Economy.

Dancoal has planned their further increase
in production and introduction of new products.
In July 2015, the company started building a new hall of 5 860 m2. The building process finished
in January 2016. The company has already planned other investment in the Goleniów Industrial Park. For this purpose, in December 2015 they purchased another plot of 2.17 ha. Professional and supportive attitude of the local government to investors and effective cooperation made
the company very satisfied with the decision to select this particular location for their operations and helped planning their further rapid development.

The company puts much attention to the quality
of their products, and therefore in 2015 they started implementing management systems
of BRC CP and ISO 14001.