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.
Around 32% of Romanians plan to spend their upcoming holidays abroad, with Greece, Italy, and Spain topping the list of preferred destinations, according to the Visa CEE Travel and Payment Intentions Study 2025. Of those going abroad for the summer, nearly 40% say they are “experience seekers,” prioritizing discoveries and stepping out of their comfort […]
Călin Georgescu, the far-right, Russia-friendly politician who surprisingly emerged as the first-round winner of last year’s presidential elections, will remain under judicial supervision after the District 1 Court in Bucharest rejected his appeal against the prosecutors’ decision to extend the preventive measure,
The mayor of Timișoara, Dominic Fritz, will be the new leader of the Save Romania Union party, or USR, after he received 67.2% of the votes in an internal race. The vote for the new party president was conducted online and started Wednesday at 10 AM and ended Friday at noon. A total of 10,914 […]
The Sports Barometer in Romania, a study conducted by IRES and presented on Thursday, June 12, during the Sports Festival, reveals that 32% of Romanians do not engage in any type of physical activity, and that as age increases motivation drastically decreases. According to the study, 28% of Romanians are super-active and do a form […]
The Romanian-American University has officially launched the country’s first Department of Latin American Studies (DSLA), marking a significant step in its internationalization efforts. The inauguration brought together official representatives from eight Latin American countries - Argentina, Brazil, Chile, Colombia, Cuba, Mexico, Peru, and Uruguay - underlining the strong diplomatic support for deepening educational and cultural […]
Romanian president Nicușor Dan laid wreaths on Friday, June 13, at the Monument dedicated to the memory of the victims of the June 13–15, 1990 Mineriad and at the “Kilometer Zero of Democracy” Monument. The violent events of June 1990 remain in post-communist memory as the “June 13–15, 1990 Mineriad” and refer to the repression, […]
