RETEX has the mission to significantly impact the level of textile waste on a global scale and to become an industry leader in waste reprocessing. To achieve this goal takes significant investment, in Europe alone RETEX plans to open 10 factories over 5 years requiring 350M EUR in financing. While we have discussions underway with major EU banks, funds and institutions, this is only part of the answer.
RETEX also needs the participation of private organizations and individuals who share our vision. If you or your organization share our goal of a world free from textile waste while creating a sustainable environment, please contact us. We have many ways for investors to participate in the business while at the same time helping the environment!
Michael Vasileff CFO