# Milomax S.A. industrial complex next to Krosno Airport (EPKR), Poland – for sale

> Court-supervised sale by the bankruptcy trustee (Syndyk Zawada) of an industrial complex with multi-tenant potential: 2.99 ha, nine buildings, 13,931 m² of floor area, own 15 kV transformer station and 1 MW grid connection, directly adjacent to Krosno Airport in south-eastern Poland. Operating tenant in place. Offers from PLN 10.7M (≈ USD 2.75M).

Informational summary only – not a commercial offer (Art. 66 §1 Polish Civil Code) and not investment advice. The binding text of the tender rules is the Polish scan attached at the end of the tender-rules PDF. Amounts originally stated in PLN apply to the transaction; USD figures are indicative (NBP average rate of 2 Oct 2026: 1 USD = 3.8881 PLN). Check current terms with the trustee.

## 1. The opportunity
What is being sold, the asking price and the key numbers.

- Asking price: Offers from PLN 10.7M (≈ USD 2.75M), submitted via the court trustee
- Floor area: 13,931 m²
- Land: 2.99 ha (≈ 2.34 ha built-up)
- Buildings: 9
- Grid connection: 1 MW (1,000 kW) plus own 15 kV transformer station
- Tenant: Operating tenant in place (rent ≈ USD 257k p.a.)
- Location: Directly adjacent to Krosno Airport (EPKR), ul. Lotników 4a, 38-400 Krosno
- [The opportunity](https://krosnoairportsite.com/en/)

## 2. The asset today
Buildings, plots, infrastructure, permits and photos.

- Buildings: 9 buildings built 1993–2007: production halls #1 (5,102 m²) and #2 (4,016 m²), office block, raw-materials store, guardhouse, transformer station, workshop, warehouses #8 (1,800 m²) and #9 (1,476 m²)
- Building volume: 76,532 m³
- Condition: Technical wear 25–35% for the main buildings (appraiser); newest warehouse #9 has no occupancy permit yet
- Energy: Own 15 kV transformer station; connection power 1,000 kW, contracted 300 kW (≈ 700 kW headroom); high-pressure gas on site
- Water: Own wells S-1 and S-2, industrial wastewater outlet, town water and sewer connection
- Environmental permits: 3 permits: air emissions (to 1 Oct 2034), industrial wastewater (to 6 Sep 2027), groundwater and stormwater (to 8 Apr 2039)
- Plots: ~2.99 ha: 2.5267 ha freehold (Szczepańcowa) + 0.4598 ha perpetual usufruct (Krosno, c. 73 years remaining in 2023); land registers KS1K/00017599/0, KS1K/00068007/6, KS1K/00070811/2, KS1K/00069473/0, KS1K/00076204/6
- Planning: Krosno plots: local plan zone 12PU (production and services); Szczepańcowa plots: land-use study zone UC, no binding local plan
- [The asset today](https://krosnoairportsite.com/en/#tech)

## 3. Investment case
Rental income, current cash flow, vacant space and repositioning potential.

- Rent in place: ≈ USD 257k p.a. (9.3% gross yield); tenant in place for 9 years
- Leased space: Buildings #1–#7, ≈ 10,655 m²
- Vacant space: Warehouses #8–#9, ≈ 3,276 m², not let and available for new tenants
- Lease terms: Buyer may terminate on 3 months' notice or step in as landlord and keep the tenant; tenant has no right of first refusal; full lease and rent roll after NDA
- Price vs appraisal: ≈ 49% below the independent appraisal of land and buildings (USD 5.37M, 25 Jan 2023); ≈ USD 198 per m² of floor area
- Repositioning: Primary scenario: modular multi-tenant industrial complex; others: aviation services/MRO, air cargo and logistics, UAV hub, data centre/AI, PV and energy storage
- [Investment case](https://krosnoairportsite.com/en/#tenant)

## 4. Location
Position in Poland and Europe, roads, Rzeszów-Jasionka airport, distance to Ukraine.

- Position: Krosno, Subcarpathian Voivodeship, south-eastern Poland; in Krosno's industrial zone with direct road access
- Distances: ≈ 5 km to Krosno centre; ≈ 2.5 km to national road DK28; ≈ 60 km to Rzeszów-Jasionka Airport; ≈ 90 km to the Ukrainian border
- Surroundings: Eurocash distribution centre in Szczepańcowa; 58 companies with foreign capital in Krosno (e.g. Goodrich Aerospace, BWI); ul. Lotników junction upgraded; "Droga G" southern link only at concept stage
- [Location](https://krosnoairportsite.com/en/#location)

## 5. Krosno Airport upside
Planned runway extension and investment zone next door – a city project, not part of this sale.

- Runway extension: Planned from 1.1 km to 2 km, in two stages (+600 m, then +300 m)
- Programme: USD 11.6M+ for 2026–2028; city ≈ USD 5.9M plus ≈ USD 5.7M EU co-funding being sought
- Environmental decision: Issued 1 Oct 2026 – no environmental impact assessment required; building permit and funding still needed; 14-day appeal period
- Upside: City plans an airport investment zone for aviation and aircraft-service companies; airfield reference code 2B → 3C
- Caveat: City of Krosno project – not part of this sale and not guaranteed
- [Krosno Airport upside](https://krosnoairportsite.com/en/#airport)

## 6. Transaction
What the ZCP covers, legal title and the current status of the sale.

- Form of sale: Organised part of an enterprise (ZCP), going concern; private treaty by the bankruptcy trustee under court supervision
- Included: Land, 9 buildings, installed production equipment, own transformer station, existing lease, finished-goods stock; warehouses #8–#9 can also be bought separately (subject to VAT) but the main property cannot be bought without them
- Excluded: Employees (employed by the lessee); buyer assumes no liabilities of the bankruptcy estate
- Legal title: Court decision extinguishes prior claims, mortgages and pledges – title free of encumbrances
- VAT: Exempt for the ZCP transfer
- Sale status: Active stage: date of the next offer round to be announced by the trustee (declaration of bankruptcy, trustee appointment and valuations completed)
- [Transaction](https://krosnoairportsite.com/en/#transaction)

## 7. Documents
Tender rules, valuations, expert opinion, inventory, electricity terms and brochure.

- [Investor Teaser (EN)](https://krosnoairportsite.com/assets/docs/investor-teaser-en.pdf): Five-page investor summary: asset, location, infrastructure, lease economics and sale process
- [Investment brochure (EN)](https://krosnoairportsite.com/assets/docs/investment-brochure-en.pdf): Full investment presentation
- [Tender rules 2025 – English translation + binding Polish scan](https://krosnoairportsite.com/assets/docs/tender-rules-2025-en.pdf): Pricing, terms and bidding procedure. Only the attached Polish scan is binding.
- [Real property valuation](https://krosnoairportsite.com/assets/docs/valuation-real-property.pdf): Surveyor's appraisal of land and buildings (25 Jan 2023)
- [Enterprise (ZCP) valuation](https://krosnoairportsite.com/assets/docs/valuation-enterprise-zcp.pdf): Appraisal of the organised part of the enterprise incl. movables and goodwill
- [Expert opinion report](https://krosnoairportsite.com/assets/docs/expert-opinion-2023.pdf): Appraiser's opinion on condition and value of assets (Jan 2023)
- [Asset inventory](https://krosnoairportsite.com/assets/docs/asset-inventory-2022.pdf): Inventory of movable assets as at 30 Sep 2022
- [Electricity supply terms](https://krosnoairportsite.com/assets/docs/electricity.pdf): Annex to the PGE agreement: connection power, tariff, supply point

All PDFs are public. Valuations and expert documents are in Polish.
- [Documents](https://krosnoairportsite.com/en/#documents)

## Other languages
- [Polski](https://krosnoairportsite.com/pl/): [llms.txt](https://krosnoairportsite.com/pl/llms.txt)
- [Українська](https://krosnoairportsite.com/ua/): [llms.txt](https://krosnoairportsite.com/ua/llms.txt)
- [Deutsch](https://krosnoairportsite.com/de/): [llms.txt](https://krosnoairportsite.com/de/llms.txt)
- [All languages / English index](https://krosnoairportsite.com/llms.txt)