Tomasz Rycak has been appointed CEO of Metal-Plast, a leading Polish PVC window and door frame recycler, which is a subsidiary of Eco Baltia Group, the largest Baltic environmental management and resource recycling group, and INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltics. He will replace the current CEO Grzegorz Jasinski. Tomasz Rycak has extensive international management experience in a wide range of industries and his appointment marks a new stage in the company’s future growth.
“The changes to strengthen the management team reflect a desire for even greater focus in implementing the company’s strategy. Ambitious goals have been set for the new CEO: to improve operating efficiency, increase the return on investment, and ensure sustainable growth. We are grateful to Grzegorz Jasinski for his contribution to the company’s development and wish him every success in his professional future,” says Jānis Aizbalts, the Chairman of the Supervisory Board of Metal–Plast.
“In joining the leader in Poland’s PVC recycling sector, I see great potential for creating long-term value with a clear strategy, operational efficiency, and a highly professional team. I believe that my experience in a variety of sectors and my work with private equity funds will enable me to quickly identify growth opportunities and implement transformations that deliver tangible results,” says Tomasz Rycak, the new CEO of Metal–Plast.
Rycak comes to the role at Metal-Plast with more than 20 years of experience shaping and implementing business change strategies, operational restructurings and international expansion. His recent activities have focused on consulting work for businesses and private equity funds.
In 2024, Metal-Plast unaudited turnover reaches EUR 30.3 million. The company has nearly 200 employees. Its recycling capacity at present is about 30,000 tonnes per year. To contextualise, one tonne of recycled PVC saves two tonnes of CO2 emissions, representing a significant positive contribution towards the European Union’s climate neutrality targets.
Eco Baltia and the INVL Baltic Sea Growth Fund acquired a 70% stake in Metal-Plast in November 2023. The remaining 30% of the Polish company’s shares belong to the SIDN Family Foundation.