Foxway’s recent recognition as Foreign Investor of the Year 2025 reflects a sustained period of strategic investment. Over the past three years the company has directed € 33 million toward automation, innovation and acquisitions. These choices positioned Foxway as one of Europe’s most advanced contributors to circular technology, proving that consistent long-term investment delivers tangible operational impact.
Expanding capacity through acquisitions
Between 2022 and 2024 Foxway strengthened its operational infrastructure with targeted investments. The acquisition of Teqcycle Solutions GmbH in Germany and automation upgrades at the Estonian competence center in Tartu formed the backbone of this strategy. As a result, Foxway enabled the reuse of 2.8 million electronic devices in 2024, with more than half processed in Estonia. This scale demonstrates how integration of engineering expertise and automation supports higher recovery rates.
Innovation supported by people
Foxway’s approach to technology development prioritises human expertise. The company highlights that automation is designed to enhance the capability of technicians rather than replace them. Many of the systems used within Foxway’s facilities are custom built by in house engineers because off the shelf solutions could not support the scale or complexity of modern device circularity. According to Operations Director Oliver Kotkas this balance between expert knowledge and advanced automation is essential for sustainable growth.
Strengthening talent and partnerships
The company has added high value roles across engineering, software testing, R&D and process management over the last three years. Collaboration with leading institutions including the University of Tartu, Tartu Vocational College, the Wharton School of Business and the University of Riga reinforce Foxway’s role in developing broader industry competence. These relationships support both immediate operational development and the longer-term resilience of the European circular tech sector.
Recognition and future expansion plans
Foxway’s award at Estonia’s Entrepreneurship Awards 2025 demonstrates the significance of circular economy investment as a driver of national and international growth. Organised by the Estonian Business and Innovation Agency, the Estonian Chamber of Commerce and Industry and the Estonian Employers’ Confederation, the 2025 edition attracted 134 applicants across seven categories. Foxway’s win emphasises its position as a resilient and forward-looking business. Foxway plans to expand its Tartu tech center by nearly 10,000 meters by 2027. The extension will support more advanced automation capacity and further reinforce its commitment to sustainable development.
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