“The Board of Directors of TeraPlast SA, gathered on September 23rd 2020, elected Mr. Dorel Goia as Chairman of the Board of Directors, for the length of the mandate of Director. The new structure of the Board of Directors was decided in the General Meeting of Shareholders, from September 14th 2020. At present, the Board of Directors of the company consists of the following persons: Mrs. MagdaEugenia Palfi, Mr. Dorel Goia, Mr. Razvan Stefan Lefter, Mr. Vlad Nicolae Neacsu and Mr. Alexandru Stanean, their mandate being valid from 14 September 2020 until 14 September 2021,” the company said in a stock market report.
TeraPlast Bistrita is 46.8% owned by businessman Dorel Goia, 11% held by private pension fund NN Pensii, while Luxembourg-based investment fund KJK Balkan Holding owns a 10% stake.
TRP shares have been trading up 80.5% since the start of 2020, amid deals worth RON96.9 million, ensuring the company a market value of RON667.6 million.