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 gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
