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.
Romanian gas producer Romgaz (BVB: SNG) has filed an action with the European Court of Justice against the European Commission, requesting the annulment of certain regulations that impose CO2 storage quotas on oil and gas companies. The company considers the quotas disproportionate. It is the first time that Romgaz has initiated a direct action against […]
Bucharest residents can donate clothes in good condition, non-perishable food, and toys for the families affected by the explosion that left 3 dead and many others injured, and nearly collapsed the apartment building in District 5 on Friday, October 17. "Following the devastating explosion in District 5, entire families have been left without housing, and […]
RoPower Nuclear, the developer of the SMR (small modular reactor) project in Doiceşti, Romania, announced the signing of a contract with Studsvik Scandpower, one of the global leaders in software dedicated to nuclear fuel analysis, on Friday, October 17. The president of the Swedish group emphasized that Romania is setting an important precedent for the […]
Energy regulator ANRE has launched an investigation into whether the gas distributor followed proper safety procedures before the powerful explosion that killed three people and injured others at an apartment building in Bucharest’s Rahova district on Friday morning, October 17. According to
In the first half of 2025, Romania ranked 52nd worldwide among the countries most frequently affected by cyber activities, according to the new Microsoft Digital Defense Report. The sixth annual report, covering trends from July 2024 to June 2025, emphasizes that traditional security measures are no longer sufficient. Modern defenses and strong collaboration between industries […]
Via Transilvanica, the long-distance trail that traverses Romania’s cultural, historical, and natural landscapes, has been awarded silver in the “Peace, understanding and inclusion” category at the 2025 Europe Responsible Tourism Awards. The initiative is organized by the International Centre for Responsible Tourism Global (ICRT Global). The award ceremony took place at the Press Club Brussels […]
