The TeraPlast Group reported a consolidated net profit of RON 3.38 million in the first half of this year, compared to a loss of RON 6.62 million in the same period of 2024, according to a press release sent on Tuesday.According to the release, the Group's turnover reached RON 551.85 million in H1, up 29% from RON 428.02 million in the same period last year.EBITDA also rose 74%, reaching RON 46.85 million, compared to RON 26.88 million in the first half of 2024.Group representatives said the results were supported by favorable market conditions both in Romania and abroad. In addition, the performance of key business segments and increased operational efficiency contributed to improved profitability, despite a RON 4.3 million cost related to the depreciation of the leu."In the first half of 2025, we delivered growth results, benefiting from favorable conditions in the infrastructure market. Although we couldn't entirely eliminate the impact of external factors such as exchange rate fluctuations, rising financing costs, or declines in the packaging market, we continued to strengthen our regional position with a focus on profitability. The success of our subsidiaries outside Romania gives us confidence that TeraPlast's international expansion is the right path and encourages us to keep going. The integration of recent acquisitions is starting to generate visible benefits within the Group. In this context, we considered raising our forecasts for this year but chose a conservative approach instead. Uncertainty in the market regarding the pace of infrastructure investments in Romania led us to remain cautious, and we will revisit the potential forecast revision after Q3," said Bogdan Craciunas, CFO of the TeraPlast Group.TeraPlast is the largest polymer processor in Southeast Europe. The Group includes TeraPlast, TeraGlass, TeraPlast Recycling, TeraBio Pack, Palplast Moldova, the Wolfgang Freiler Group companies (Austria and Hungary), Optiplast Croatia, and the Aquatica Experience Group. Since July 2, 2008, TeraPlast SA has been listed on the Bucharest Stock Exchange, under the symbol TRP.
The third edition of Taifas Balkan Film and Culture Festival, set to take place in Timișoara between October 13 and October 19, will include a retrospective dedicated to Romanian director Radu Jude. The public will be able to see the director's short films, in addition to a preview of his latest production, Dracula, presented at […]
Sursa International Light Art Festival, an event featuring immersive installations, projections, and light structures, will take place at the National Library of Romania from October 13 to October 19. The event brings together international and Romanian artists “in a visual dialogue about technology, architecture and sensitivity,” the organizers announced. “We wanted to build the opportunity […]
Romania’s Defense Ministry has signed a contract worth RON 50.4 million with Rheinnmetall Automecanica, a subsidiary of the German defense industry giant Rheinmetall, for the delivery of drone detection systems, Economedia.ro reported. The radar system will be delivered within 18 months at most and will reportedly be...
The former Steaua Roșie cinema in Cluj-Napoca will reopen as Edison-House of Music, a cultural hub dedicated to music and community, the organizers of the Jazz in the Park festival announced. Built in the early 1900s, the Edison building became, after World War II, the Steaua Roșie cinema. After 1989, the venue underwent several changes […]
Unprecedented amounts of precipitation have been recorded in Romania as cyclone Barbara hit the country on October 5-8, according to the authorities. At the same time, Bucharest exceeded the absolute maximum levels of rain for October. “Between October 5–8, 2025, Romania was affected by the Mediterranean cyclone Barbara, which formed over the Ionian Sea and […]
Romania is one of six European countries recently selected to develop a new artificial intelligence and supercomputing center under the EuroHPC – AI Factories program. The project, known as the AI Factory, will be Romania’s first national AI infrastructure, marking a major step toward strengthening its digital and research capabilities. The initiative will be led […]
