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.
PPC Renewables Romania has installed the first two turbines at what will become the largest wind farm in the country’s Moldova region, located in Vaslui county, the company announced. The Deleni wind farm will feature 23 turbines with a total installed capacity of 140 megawatts. Equipped with GE Vernova turbines of 6.1 MW each - […]
Three Romanian artists, Maia Ștefana Oprea, Alina Tofan, and Cătălin Rulea, have created new site-specific works inspired by the natural and cultural heritage of the Țara Hațegului UNESCO Global Geopark, to be showcased in Bucharest as part of the exhibition The Big Green: Soil. The show, running August 27 to September 14 at the “Dimitrie […]
Real estate developer Nusco has sold one-third of the villas in its new residential project, Nusco Green Homes, a premium sustainable housing compound north of Bucharest. Located in the town of Tunari, the EUR 30 million development includes 61 villas, of which 21 have already been sold, the company said. Marketed as the first fully […]
Romanian startup rentnbuy.com, a proptech platform connecting tenants and landlords, has officially launched on the local market after securing a EUR 550,000 pre-seed investment at a valuation of more than EUR 5 million. The company said it plans rapid expansion across Central and Eastern Europe, Ziarul Financiar reported. The platform, which...
Romania is set to transfer to Ukraine the 23rd military aid package since the start of the war, according to Ukrainian defense minister Denys Shmyhal. Romania “has already provided Ukraine with 22 military aid packages, and soon our soldiers will receive the 23rd,” the minister said in a Facebook post, without giving details about what […]
Romania is among the European countries with the lowest share of employees working overtime, according to data from Eurostat, the European statistics office. Therefore, in 2024, only 1.8% of Romanian employees aged between 20 and 64 declared that they had worked overtime. At the European Union level, 6.6% of employees worked long hours in 2024,
