YETiCO

YETiCO

Empowering the world with radically better contactless payment experiences.

HQ location
London, United Kingdom
Website
Launch date
Enterprise value
$2—2m
Company register number
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£300k

Seed
Total Funding000k
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More about YETiCO
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YETiCO S.A. is an established Polish manufacturer specializing in polymer products, with a history rooted in engineering and a focus on B2B solutions. The company's journey began in 1988 when founder Andrzej Gołoś, in search of EPS components, decided to design and manufacture EPS production machines himself, founding the company STYROPEX. By 1991, the first facility was launched in Olsztyn, producing EPS plates based on the expertise of Telesfor Wiecheć, a co-creator of Polish polystyrene technologies. This strong engineering background provided a significant quality advantage, allowing the company to expand its distribution and product range.

In 2007, the company rebranded from STYROPEX to YETICO to create a more distinctive brand identity and reflect its expansion into being a flexible partner for multiple industries. This was a pivotal year that also saw the launch of a new facility in Gorzów Wielkopolski and the beginning of close cooperation with clients in the packaging sector and expansion into the German market. Over the years, YETiCO has established partnerships with major DIY chains like LEROY MERLIN, CASTORAMA, and OBI. A significant milestone occurred in 2020 with the launch of the first facility based on injection technology, producing items for the audio/video device industry.

YETiCO's business is centered on designing, producing, and supplying polymer products, including injection-molded elements from thermoplastic materials and EPS-based products. The company serves a diverse range of industries, including construction, packaging (for RTV, food), automotive, and household appliances. Its business model involves direct B2B sales and distribution through large retail partners. The product portfolio is extensive, featuring thermal insulation boards (for facades, floors, and foundations), custom packaging solutions, and injection-molded components. The company emphasizes its adherence to high-quality standards such as IATF 16949, ISO 9001, and ISO 14001, and operates on a 'just-in-time' delivery model to synchronize with customer needs. The company is also committed to sustainability through its "More Zeros Challenge" initiative and participation in the PolyStyreneLoop program to advance polystyrene recycling.

Keywords: polymer products, EPS manufacturing, thermal insulation, injection molding, plastic processing, B2B manufacturing, construction materials, polystyrene products, industrial packaging, automotive components, EPS recycling, Polish manufacturing, building materials, custom packaging solutions, thermoplastic components, expanded polystyrene, technical plastics, insulation systems, protective packaging, audio/video components

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