TeraPlast Group recorded a 34% increase in turnover in 2024, up to 897.9 million RON, an evolution supported by the increase in volumes sold, the launch of the Opal stretch film factory and the consolidation of the results of the companies acquired in 2024.According to a press release from the group, EBITDA remained at a similar level to that of 2023, reaching 52 million RON."This reflects both the strategy of increasing market shares, as well as the impact of price pressure and the contraction of certain European markets. Thus, in the context of the disproportionate evolution of turnover and profitability, the EBITDA margin for the whole of 2024 stands at 5.8%, compared to 7.6% in 2023," the cited document reads.For 2024, the TeraPlast Group recorded a net loss of 19.6 million RON, mainly due to the increase in interest expenses and depreciation costs, as a result of the operationalization of investments in new factories. The negative result was determined in particular by the loss recorded from the start-up of the Opal stretch film business, which is in a process of accelerated ramp-up and market share gain, the company specifies. An additional contribution was made by the loss recorded by TeraBio Pack, along with non-recurring expenses during 2024 related to geographical expansion.Sales outside Romania increased by 122%, reaching 233.6 million RON in 2024, compared to 105.4 million RON in 2023. Their share in consolidated turnover thus reached 26% in 2024, compared to 15.7% in the previous year.For 2025, TeraPlast Group announces a turnover of one billion RON, up 12% compared to 2024, supported mainly by the increase in the performance of the Packaging segment through increased profitability, operational efficiency and the consolidation of Optiplast Croatia.TeraPlast Group 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 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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
