TeraPlast (TRP)'s securities were included by the Vienna Stock Exchange in the CECE Mid Cap index, part of the CECExt (CECE Extended Index) family of regional indices, starting with September 2021, according to a company statement sent on Tuesday.By including it in this index, the visibility of TeraPlast's share will increase at regional level."The increase of TeraPlast's visibility in the international landscape increases investors' confidence in the company's liquidity, size and prospects. We represent the Romanian capital market, both in the FTSE Russell indices and in regional indices such as the present one. This position honors us and shows us that investors resonate with the company's development strategy, as well as with the performance and liquidity recorded over time by our company," TeraPlast Director Alexandru Stanean said.TeraPlast Group includes the following companies: TeraPlast, TeraGlass, TeraPlast Recycling, TeraBio Pack and Somplast. Starting with 2 July, 2008, TeraPlast is listed on the Bucharest Stock Exchange, under the symbol TRP. The company's shares are included in the BET reference index of the Bucharest Stock Exchange and, as of September 2021, in the Small Cap and Global All Cap indices of FTSE Russell. Within the Vektor evaluation based on 15 criteria for communication in relation to investors, carried out by ARIR, TeraPlast obtained the maximum grade, 10, for the second consecutive year.In the first half of this year, TeraPlast Group reported a business figure of 272.9 million lei, up by 40 pct compared to H1 in 2020. Group-level EBITDA increased by 47 pct compared to the same period of 2020, to 42.7 million lei, while the net profit recorded by the Group's businesses increased by 71 pct, to 28.6 million lei.
A recent investigation conducted by Romanian journalists at Recorder claims to show that Vlad Oprea, the mayor of Sinaia, a popular mountain town roughly 120 km north of Bucharest, has an impressive fortune hidden from public view. He allegedly owns several properties, including a castle in France, which was bought under the name of one of his […]
Retail investors subscribed over 23.3 million shares in the first three days of the initial public offering carried out by energy group Premier Energy (PE). There were over 10,000 orders placed by retail investors, amounting to over RON 500 million (100 mln), as of Friday, May 10, at 15:15. The Premier Energy IPO is the […]
Romania ranked second in the region in terms of industrial & logistics spaces leased in the first quarter of 2024, after Poland, the uncontested leader in Central and Eastern Europe, according to a recent report by real estate consultancy company Cushman & Wakefield Echinox. The local demand surpassed that in Czechia, Slovakia, and Hungary. Companies leased […]
The organizers of Romania’s seaside festival Neversea unveiled the first artists for this year's edition. Maluma, Nick Carter, Bebe Rexha, G-Eazy, Mahmut Orhan, Don Diablo, and others are on the 2024 lineup. Maluma, the Colombian reggaeton and Latin-pop superstar known for his chart-topping hits and collaborations with artists like Shakira, Jennifer Lopez, The Weeknd, J […]
Digital nomad publication Freaking Nomads created an index of the best cities for digital nomads worldwide, and Bucharest took the ninth spot in the ranking. Coming out on top was Hoi An, Vietnam, with a score of 73.94 out of 100. The research looked at criteria influencing the appeal of cities for digital nomads, such […]
The electoral campaign for the June 9 local and European elections in Romania officially began on Friday, May 10, and will end on June 8. The Central Electoral Bureau urged all candidates and parties to maintain balanced and honest discourse and avoid distorting or manipulating information. The audiovisual electoral campaign will conclude on June 7 […]
