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.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
