“The project “ESTABLISHMENT OF A RECYCLING AND RECOVERY UNIT OF PLASTIC MATERIALS WASTE ” has a total value of 72,029,224.72 lei (VAT included) of which, non-refundable financing from the PNRR in the amount of 35,186,043.20 lei and the company’s contribution in the amount of 36,843,181.52 lei (of which 13,385,818.38 lei, ineligible expenses, including VAT), from own and attracted resources,” the report reads.
The company widened its losses to RON8.3 million in 2024, compared to losses of RON3.2 million in 2023 and profit of RON3.6 million in 2022. Its revenues grew by 5% year-over-year to RON225.6 million in 2024.
ROCE shares have lost 26% over the last year, triggering a market value of nearly RON70 million. Its main shareholder is Buzau-based company Living Plastic Industry, with an ownership stake of 32.8%, being followed by Joyful River, with 20.5%, and Stefan-Alexandru Toderita, with 13.6%.