Management Board

Paweł Jarski – Management Board President

Paweł Jarski graduated from Kozminski University, his speciality being IT in Management and Human Resource Management. He is also a scholarship holder of Helsinki School of Economics (Finland) and Jonkoping Business School (Switzerland) where he studied business management related fields.

Between 2001 and 2003, Mr. Paweł Jarski conducted his business activity consisting in providing IT services to companies and simultaneously worked as a project manager in several companies with foreign capital.

Between 2004 and 2010, as a co-owner and the Management Board President, he managed SYNERGIS Sp. z o.o. company, which in its third year of operations in Poland became the leader in the waste electrical and electronic equipment collection and treatment market and a major company in the non-ferrous metals trading and recycling market. Moreover, between 2008 and 2010, as the management board president, he managed SYNERGIS Electrorecycling SA and Electro-System SA, until the companies were sold to a sector investor. In 2010, after selling SYNERGIS Sp. z o.o. to another sector investor, Mr. Jarski performed a function of a Managing Director at Tesla Recycling SA, whose core business was recycling and management of rare metals. He worked at Tesla Recycling SA until March 2011, when he took up the post of the Management Board President at Elemental Holding SA. Elemental Holding SA is now the owner of Tesla Recycling SA.

In the fourth quarter of 2011, as the Management Board President of Elemental Holding SA, he took over SYNTOM SA with its seat in Tomaszów Mazowiecki, thus creating one of the biggest entities dealing with trade and recycling of non-ferrous metals in Poland. In 2012, he successfully introduced Elemental Holding Company on the New Connect market, and in 2013 the company's quotations were transferred to the main market of the Warsaw Stock Exchange. The funds raised from the issue financed the acquisition of Terra Recycling SA - the leader in the processing of waste electrical and electronic equipment on the Polish market.

In 2014 - 2016, as the President of Elemental Holding S.A. Management Board, he completed acquisitions of the following companies

  • foreign ones:
    • EMP Lithuania (51%),
    • Metal Holding Slovakia (67%),
    • Evciler Turkey (51%),
    • Kat Metal Finland (51%)
    • All Waste Trading UK (51%)
  • and Polish ones:
    • PGMG (51%)
    • Platinum Metals (75%)

changing Elemental Holding S.A. into one of the leading entities on the metal and electronics recycling market in Europe.

In 2015, he became a laureate of Parkiet magazine award for ten best young managers of companies listed at the Stock Exchange (Młode Wilki Giełdy). In 2015 edition of WIG80-group company presidents' ranking of Business Harvard Review, he won 7th place.

Paweł Jarski is a Supervisory Board member of the following companies:

  • UAB EMP Recycling
  • Prime Minerals

On 17 December 2016, he was elected President of the Polish Triathlon Federation. On 7 February he was elected Member of the Polish Olympis Committee Executive Board – from the list of Polish Olympic Sport Federations.

In Elemental Holding S.A. he is responsible for the development directions and strategies of Elemental Holding group, supervising directly the operating activity of subsidiaries' management boards.


Michał Zygmunt - Management Board Vice President

Mr. Michał Zygmunt is a legal advisor. He graduated from the Law Faculty of the Jagiellonian University. In 2016, he started Executive International MBA studies at the Cracow Business School at the Cracow University of Economics and in Gallen Businees School (Switzerland).

He started his professional career in 2001 in Can-Pack S.A. as the Legal Department Director. Then from 2005 to 2014, he was the President of the Management Board of POL-AM-PACK S.A. and led the development of the glass packaging division within the CAN-PACK Group in Poland and India. He was in charge of a number of investment projects in the manufacturing sector, including construction of a modern glassworks in Orzesz, a greenfield project –construction of a modern glassworks in Aurangabad, India, and construction of a beverage can factory in the Middle East.

Mr. Michał Zygmunt is a manager experienced in managing large companies, each with a sales volume of at least tens of millions of euros and several hundreds of employees. In addition, in his professional career he managed high-value investment projects in the manufacturing sector (three factory construction or expansion projects, each with a budget of several hundred million zlotys) and with a large project team. Mr. Michał Zygmunt has thorough knowledge in corporate finance, tax regulations, civil law, labor law, environmental protection and legal regulations relevant to the activity of companies in Poland.

Since 2015, he has been running his own advisory business, implementing similar investment and structuring processes within the framework of interim cooperation.


Krzysztof Spyra - Member of the Management Board for Finance

Krzysztof Spyra is a graduate of the Warsaw School of Economics, awarded with the “Top 10” diploma, and a graduate of Staffordshire University, U.K.

After graduation, he spent 7 years working in investment banks in New York and London (JP Morgan and Merrill Lynch). After returning to Poland, he became involved in creating private business ventures in the financial sector in Poland and in Belarus. Over the course of his professional practice, he created from scratch companies in the segment of retail finance, financial intermediation, insurance and banking, as well as services for retail and corporate clients. He was the founder and member of the board of Open Finance SA and Noble Bank SA, as well as the founder and member of the supervisory board of Noble Funds TFI and Open Life SA.

He was the president of the board in the following companies: Home Broker SA, Open Finance SA, Getin International SA, as well as the chairman of the supervisory board of Open Brokers SA, Open Finance TFI and Sombel Bank SA.

Currently, he is the vice president of the board of the Polish Triathlon Association and the president of the board of i-Sport sp. z o.o.


Anna Kostro - Management Board Member for Electrorecycling

Anna Kostro has a PhD title in agricultural sciences in the field of agronomy, obtained in the Warsaw University of Life Sciences in Warsaw. In 2011 she graduated also from a postgraduate course in Kozminski University in Warsaw, majoring in Finance Management, and next - in 2017 - postgraduate course in SWPS University of Social Sciences and Humanities in Warsaw, Applied Social Psychology.

Anna Kostro has extensive experience at managerial positions in companies dealing with environmental protection. In 2002 she was a sales executive and a Management Board Member in Operat Recykling Sp. z o.o. In 2005-2006 she was an inspector and acting customer service manager in MZO Pruszków Sp. z o.o.

In 2006-2007 she was a sales executive in Synergis Sp. z o.o. where she was accountable e.g. for creating the sales department structures and soliciting new customers and vendors. Later, in 2008-2009 she was a sales executive in Synergis Electrorecycling S.A. where she was responsible e.g. for reorganising the sales department structures and soliciting many new vendors for the company.

Since 2010, she has been a co-author of Elemental Holding Group success, managing the companies belonging to it. In 2010-2016, after Terra Recycling S.A., a leader in the recycling of waste electrical and electronic equipment in Poland, founded and managed by her, entered Elemental Holding Group, she has still been the Management Board President. From 2013 to 2016 she was also Management Board President in the general partner of Tesla Recycling Sp. z o.o. S.K.A., a leading entity on the Polish market, recycling chips and PCBs as well as electrical and electronic waste. In December 2016 she resigned from both these functions as she was appointed Management Board Member in Elemental Holding S.A.

Anna Kostro has still held a function in the bodies or is a partner of the following companies:

  • Elemental Asset Management sp. z o.o.
  • Elemental Group Consulting sp. z.o.o.
  • PGM Holdco sp. z o.o.
  • Tesla Holdco sp. z o.o.
  • Terra Holdco sp. z o.o.
  • Syntom Holdco sp. z.o.o
  • Fifth Element Fundation

About Us

Elemental Holding is a leading Polish group operating in the recycling and recyclable material trading industry and a top supplier of recyclable material for metalworks and foundries all over the country. It runs its operations using recycling facilities located in Poland, Germany, Lithuania, Finland, United Kingdom, Turkey and Middle East countries.

The Holding mainly specialises in trading in and processing non-ferrous metals a as well as electronic circuits.  (more)


Elemental Group