About Us


RETEX mission is to bring disruptive technologies to the construction materials industry and engage people to reduce, reuse and recycle

RETEX vision is to recycle over 10% of the textile waste in Europe within 5 years and be a global innovator in the reprocessing of waste materials into construction products

Meet the Team

Toomas Allikas

CEO

Toomas is a serial entrepreneur with more than 15 years of experience in creating new and innovative companies that help improve people’s lives and solve important environmental issues in our world today.

Prior successes include establishing a credit company that helped over 70,000 people and generated € 26M of revenues, a waste recycling company that develops construction materials from textile, plastic and rubber waste, and manufacturer of innovative modular homes that are energy-efficient and eco-friendly.

Toomas’ unique competence lies in visioning market opportunities, conceptualizing how technology can be used to solve problems, and organizing the creative energies of his teams to build the businesses.

Michael Vasileff

CFO

Michael is a professional with more than 25 years of experience in the financial services industry in the US and Europe with firms such as Morgan Stanley, Citibank and Merrill Lynch. Prior roles include as CFO, head of sales, COO and business development officer. His background includes a wide range of experience working with both large and small firms to achieve success.

He has participated in several startups by establishing financial, operations, client servicing, product development, and investor relations functions. Michael has a Wharton MBA, Advanced Certificate in Finance from NYU, two undergraduate degrees with Honors and Distinction and is a Chartered Financial Analyst (CFA).