“The share capital increase will be done by incorporating the RON60,030,009 amount from the share premium amounting to RON 77,770,000 constituted following the share capital increase pursuant to the Extraordinary General Shareholders’ Meeting Resolution no. 1 dated 27.06.2024. The newly issued shares shall not change the shareholders’ equity and shall be distributed free of charge to all the Company’s shareholders registered in the Company’s Shareholders Register kept by the Central Depository (Depozitarul Central S.A.) as at the record date,” as per the convening notice.
“Approving the 25th of September 2025 as record date (the date used to identify the shareholders who will be impacted by the effects of the resolutions adopted by the Extraordinary General Meeting) and the 24th of September 2025 as “ex date” (the date prior to the record date on which the financial instruments subject to the resolutions of the corporate bodies are traded without the rights deriving from the resolution). Approving the 26th of September as payment date for the free shares to be issued as a result of the capital increase,” the company also announced in the notice.
“The capital increase shall be done to support the Company’s current activity. Each shareholder registered in the Company’s Shareholders Register as at the record date will be allocated 1 free share for approximately 3.99 shares resulting from the mathematical calculation of the ratio between the number of newly issued shares and the number of existing shares,” the notice also reads.
In fall 2024, TeraPlast closed a share capital increase by which it raised over EUR20 million from investors. The funds obtained will be used to acquire new companies in Romania and abroad, as well as to cover its currenr needs.
TeraPlast Group is the largest polymer processor in Southeast Europe. The TeraPlast Group also includes TeraPlast, TeraGlass, TeraPlast Recycling, TeraBio Pack, Palplast Moldova, the companies of the Wolfgang Freiler Group and Somplast.
TeraPlast recorded loss of RON19.6 million in 2024 compared with net profit of RON1.1 million reported in 2023, mostly due to higher interest costs and amortized costs following the implementation of investments in new manufacturing units. The operating result dropped to RON951.505 from RON18.4 million and the turnover grew by 34% to RON898 million. The company’s debts surged 43% to RON641.4 million, as per the company’s preliminary financial report.
The company’s majority shareholder is its founder, Dorel Goia, with a 46.8% stake, followed by Fondul de Pensii Administrat Privat NN, with a 12% stake.
TeraPlast, valued by investors at RON932.9 million, is 46.8%-owned by its founder, Dorel Goia, and 12% by Fondul de Pensii Administrat Privat NN. TRP shares have traded 14.6% lower so far in 2025, amid deals worth RON18.2 million.