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.
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
