Ioana Birta has been part of TeraPlast Group’s executive team since 2017. As CFO, Ioana Birta had a key role in the management team that implemented the transformation strategy of the Group, materialized in an accelerated development through investments and M&A, digitization and automating processes, as well as increasing transparency at the level of the organization, both in internal and external relations, as per the report.
“I thank the entire TeraPlast team for the trust and I want to assure that I will use all my knowledge and experience so that in the new mandate we will continue the successful work we have done so far, to develop further and stronger to make TeraPlast a relevant player, not only in Romania and in the region, but at European level”, said Birta.
TeraPlast Group is the largest polymer processor in Central and Eastern Europe. The group is composed of the following companies: TeraPlast, TeraGlass, TeraPlast Recycling, TeraBio Pack and Somplast. Since July 2, 2008, TeraPlast SA 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, in the Small Cap and Global All Cap indices of FTSE Russell, in the ROTX EUR index of the Vienna Stock Exchange and in the MSCI Frontier IMI index (Investable Market Index).
The company has a market capitalization of RON1.1 billion and is 46.8%-owned by Dorel Goia, while private pension fund NN Pensii owns 12% of the share capital. TRP shares have lost 5.5% since the beginning of 2023, amid deals worth RON43.7 million, as per stock market data.