Recykl Group Expanded Operations to Sweden
The company secured a deal to supply a production line for Smapol while investing in its Lithuanian subsidiary.
Updated on Sept. 26, 2026 in Corporate Finance
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Recykl Group has signed a new contract to provide a production line for Smapol to Sweden. The company is also currently expanding its Lithuanian tire-collection operations and integrating the German firm HRV.
Why it matters
These strategic moves represent the company's broader expansion into international markets and increased investment in its tire-collection and manufacturing infrastructure.
Recykl Group reported revenue of PLN 70.5 mln for the second half of 2026. During this same period, EBITDA fell to PLN 11.9 mln compared to PLN 13 mln in the previous half.
The players
Recykl Group
Recykl Group is a company specialized in tire collection and recycling processes.
Recykl Litwa
Recykl Litwa is the Lithuanian subsidiary currently undergoing a network expansion.
HRV
HRV is a German company being acquired and integrated into the Recykl Group operations.
The details
Recykl Group is scaling its capabilities by investing in vehicles, containers, and networks for its Lithuanian branch. Additionally, the company is integrating the German business HRV into its corporate structure while planning to manufacture Smapol in Lithuania.
Timeline
The financial performance metrics cover the second half of 2026.
Market Landscape
The expansion follows a pattern set by industry-wide efforts to standardize tire-recycling infrastructure under the European circular economy framework. These moves reflect a broader consolidation of recycling assets across the region.
These operational changes may influence the availability of recycled asphalt additives in the European construction market. Investors should monitor how the integration of HRV impacts profit margins in upcoming quarters.
The takeaway
Recykl Group is prioritizing operational scale and international integration despite recent declines in net profit. By localizing Smapol manufacturing in Lithuania, the firm aims to capture higher value within the European infrastructure supply chain.
Further reading
For more on international industry trends, visit Corporate Finance.
Source note: This article includes information reported by Warsaw Business Journal Online Daily.
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