TeraPlast (TRP)'s securities were included by the Vienna Stock Exchange in the CECE Mid Cap index, part of the CECExt (CECE Extended Index) family of regional indices, starting with September 2021, according to a company statement sent on Tuesday.By including it in this index, the visibility of TeraPlast's share will increase at regional level."The increase of TeraPlast's visibility in the international landscape increases investors' confidence in the company's liquidity, size and prospects. We represent the Romanian capital market, both in the FTSE Russell indices and in regional indices such as the present one. This position honors us and shows us that investors resonate with the company's development strategy, as well as with the performance and liquidity recorded over time by our company," TeraPlast Director Alexandru Stanean said.TeraPlast Group includes the following companies: TeraPlast, TeraGlass, TeraPlast Recycling, TeraBio Pack and Somplast. Starting with 2 July, 2008, TeraPlast is listed on the Bucharest Stock Exchange, under the symbol TRP. The company's shares are included in the BET reference index of the Bucharest Stock Exchange and, as of September 2021, in the Small Cap and Global All Cap indices of FTSE Russell. Within the Vektor evaluation based on 15 criteria for communication in relation to investors, carried out by ARIR, TeraPlast obtained the maximum grade, 10, for the second consecutive year.In the first half of this year, TeraPlast Group reported a business figure of 272.9 million lei, up by 40 pct compared to H1 in 2020. Group-level EBITDA increased by 47 pct compared to the same period of 2020, to 42.7 million lei, while the net profit recorded by the Group's businesses increased by 71 pct, to 28.6 million lei.
The Romanian Parliament's Chamber of Deputies greenlit a request from opposition parties Alliance for the Union of Romanians (or AUR), SOS Romania, and the Party of Young People (or POT) to establish an inquiry commission into the October 17 explosion at the residential building in southern Bucharest. Three people died in the blast, which was […]
Two new studies centering on Romanians’ purchasing habits in connection with the yearly discount event known as Black Friday show a starkly different image compared to previous years. The findings suggest Romanians traded impulsivity for strategic planning. According to the latest Cargus survey conducted among 1,036 urban respondents, seven in ten Romanians are tracking desired […]
Colorful foliage, tranquil surroundings, and plenty of nature to explore: from mountain towns to wine-country escapes, we've selected below several options for an autumn break. Buzău Land This area, located in the southeastern part of the country, in the Carpathian bend, has been a UNESCO Geopark since 2022. It's a completely rural area that offers […]
Beyond Business School, founded by serial entrepreneurs Andra Ghibuțiu and Grégoire Vigroux, today announced the launch of the 3rd edition of its executive program in Bucharest. Designed for ambitious professionals ready to accelerate their careers, the program combines internationally accredited courses, hands-on business training, and direct access...
The sound of jazz will once again fill Oradea this November as the ORA Jazz Festival returns for its sixth edition, bringing together artists from across Europe and beyond. The festival will take place between November 14 and 16 at the Oradea State Philharmonic and the Sion Neolog Synagogue. This year’s edition features performers from […]
Allianz-Țiriac Asigurări announces the appointment of Codruța Furtună, currently Sales and Distribution Director, as Deputy Chief Executive Officer. The nomination has been approved by the Financial Supervisory Authority (ASF) and will be registered with the National Trade Register Office. Codruța Furtună will continue to oversee the Sales and Distribution area in Allianz-Țiriac, playing a key […]
