TeraPlast Group recorded a consolidated net profit of 1.2 million lei in the first quarter of this year, against a loss of 2.5 million lei in the same period in 2024, according to a press release sent on Tuesday.According to the same source, the group's turnover was 249.2 million lei in the first quarter, up 41% compared to 176.8 million lei in the same period in 2024.At the same time, EBITDA increased by 76%, reaching 21 million lei in the first quarter, from 11.9 million lei in the same period last year."Group representatives claim that this growth comes against the backdrop of a mix of strategic factors: the integration of recent acquisitions, operational efficiency and consolidation of the presence on foreign markets, but also due to the base effect."The double-digit increases in sales and profitability are the concrete result of strategic internationalization decisions. We are starting to show shareholders the effects of the operational efficiency measures implemented in the recent period and of the massive investments made in recent years. The uncertainty of these days validates our regional expansion strategy and we will continue to focus our efforts on growing the business and capitalizing on opportunities. As we have shown in the past, we have courage and rely on our accumulated experience, financial discipline and a carefully calibrated development plan," said Bogdan Craciunas, CFO of the TeraPlast Group, quoted in the press release.According to him, quantitative sales increased by 25%, from over 23,000 tonnes in the first quarter of 2024, to almost 30,000 tonnes in the first quarter of this year.At the same time, sales outside Romania represented 38% of the consolidated turnover, up from 17% in the first quarter of 2024. In absolute terms, these tripled, amid the Group's geographical expansion, from 31 million lei in the first quarter of 2024 to 95 million lei in the first quarter of 2025, which is in line with the strategy of internationalizing the group's sales and reducing dependence on a single market.The Group TeraPlast is the largest polymer processor in South-Eastern Europe. The group is composed of the companies TeraPlast, TeraGlass, TeraPlast Recycling, TeraBio Pack, Palplast Moldova, the companies of the Wolfgang Freiler Group (Austria and Hungary), Optiplast Croatia, the companies Aquatica Experience Group and Somplast. Since July 2, 2008, TeraPlast SA has been listed on the Bucharest Stock Exchange under the symbol TRP. The company's shares are included in the BET benchmark index of the Bucharest Stock Exchange, in the FTSE Russell Small Cap and Global All Cap indices and in the MSCI Frontier IMI indices.
Update: Bucharest Mayor Nicusor Dan won the Romanian presidential election on May 18, according to the official vote count. With 98.5% of the ballots counted, Nicusor Dan had 54.17% of the votes, 900,000 more than his opponent, nationalist George Simion. A record turnout both in the country and abroad helped Dan come back from 1.88 million […]
Romanians showed up in record numbers to vote in the second round of the presidential elections, both in the country and abroad. The exit poll results presented on Sunday evening pointed to a strong lead for Bucharest’s pro-EU mayor Nicusor Dan (54%-46%), but are only relevant for the domestic vote. Both candidates claimed victory in […]
Romanians showed up in large numbers to vote in the second round of the country’s presidential elections, one of the most important democratic tests Romania has seen in the last three decades. At 14:00, exactly halfway through the voting process in the country, over 5.63 million Romanians have cast their votes, compared with 4.52 million […]
Romanians abroad have mobilized massively to vote in the second round of the country’s presidential elections. Update: By Sunday afternoon (15:00 Bucharest time), over 1.2 million Romanians have voted abroad for the country's next president. That's some 220,000 more votes than the overall total in the first round. The countries with the largest turnout are […]
Romanians abroad have mobilized massively to vote in the second round of the country’s presidential elections. The vote in Diaspora started on Friday morning, and by Saturday evening (at 19:00), over 609,000 Romanians had already cast their votes. The turnout is almost 90% higher than the one recorded at the same time in the first […]
It's almost impossible to think about anything not related to elections this weekend but if you should need some distraction, there are options. Happening now is the European Film Festival, screening recent productions from the continent, very varied in theme, tone, and genre. The fest is playing Bucharest, Sfântu Gheorghe and Timișoara until Sunday and […]
