Warsaw, Poland, July 3rd, 2024 – Contec S.A., a leading player in the cleantech industry, announced the appointment of Dominika Żelazek as Chief Financial Officer (CFO) and a member of the Management Board. This strategic move underscores Contec’s commitment to innovation and sustainable growth as it prepares for international expansion and fundraising efforts.

Dominika Żelazek’s Expertise and Strategic Role Dominika brings more than 20 years of financial management experience in demanding and regulated sectors. Her previous roles include key positions at Arriva Poland, where as Vice President of the Management Board and CFO she oversaw finance, IT, communication, and external relations. As Contec focuses on strengthening competencies and developing products using its unique Molten® technology, Dominika will play a crucial role in supporting the company’s growth, enhancing management capabilities, and driving fundraising initiatives for new plants construction and product development.

“Joining Contec as CFO and Member of Management Board represents not only an exciting challenge for me but also an opportunity to leverage my financial and executive expertise to advance the company's strategic expansion," says Dominika. "Contec's clearly defined goals, coupled with our commitment to sustainable development, position us as a formidable player in the rapidly evolving Clean Tech industry."

Dominika Żelazek, Chief Financial Officer (CFO) and member of Management Board at Contec S.A. | Photo by Contec S.A.

Contec’s Recent Milestones and Future Plans Contec recently completed the expansion of its plant in Szczecin, Poland, marking a significant step in its growth trajectory. The company has set ambitious plans for further expansion, including the construction of additional plants and execution of innovative research and development projects. Dominika’s role as CFO and board member is integral to Contec’s broader strategy. The company seeks to strengthen its position in both Polish and international markets, attract new investors, and build on its successful €15 million funding round in 2023.

Krzysztof Wróblewski, CEO of Contec, emphasizes the company's unique value proposition and the importance of the new appointment: "Sustainable raw materials produced by Contec have significantly lower carbon footprint in comparison with their conventional, virgin counterparts. This makes us an ideal partner for companies seeking sustainable solutions and aiming to decarbonize their supply chains. With Dominika joining our executive team as CFO and Management Board Member, we're well-positioned to capitalize on these opportunities and drive our financial and strategic objectives forward addressing growing demand for our products and building our part in circular ecosystem of tire manufacturing."

About Contec

Contec S.A. specializes in end-of-life tire processing through chemical recycling, transforming discarded tires into circular, sustainable raw materials. What sets Contec apart is their proprietary Molten® technology, which utilizes molten salt as a heat transfer medium. This innovative approach ensures safer, more efficient, and economically viable production. Recovered carbon black produced by Contec has an over 80% smaller carbon footprint compared to its virgin counterpart. Since 2017, Contec has been at the forefront of decarbonizing the manufacturing industry by providing sustainable alternatives to virgin carbon black and petrochemical raw materials. Their commitment to environmental responsibility and cutting-edge solutions positions them as a leader in the tire recycling landscape.