We raised EUR 15 million — one of 2023’s largest Clean Tech investments in Europe
Our funding round now reaches EUR 15 million — one of 2023’s largest Clean Tech investments in Europe.
The largest Polish manufacturer of steel roofing and facades – Pruszyński – has contributed an additional EUR 5 million to the funds already provided by VINCI and the Warsaw Equity Group. These two entities had initially invested EUR 10 million in Contec back in March 2023.
The investment will be used to triple the capacity of Contec’s current facility in Szczecin, Poland, and to position the company for the construction of several new commercial plants across Europe. This will support Contec’s mission to accelerate the transformation of the manufacturing industry toward carbon neutrality.
For many years, we have been supporting the efforts of the manufacturing sector to promote environmental sustainability and circularity. Contec’s circular products significantly reduce the carbon footprint by more than five times compared to traditional fossil fuel-based raw materials. That’s why there is a great deal of interest in Recovered Carbon Black for the tire, manufactured rubber goods, plastics, and pigment industries. – Krzysztof Wróblewski, CEO of Contec.
Thank you to our investors and the entire team for making this milestone possible!
To read the full press release, please download it as a PDF .
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