Cluj-based businessman Dorel Goia, who owns 46.77% in Teraplast, was reconfirmed as Board member, while the decision of extending the president position is still ending.

Emanoil Viciu, stockholder with an over 8% stake in Teraplast and former general manager, and Răzvan Lefter, which owns a 10% in the fund on behalf of Finnish investment fund KJK, received new mandates. The other two reconfirmed members are Magda Palfi-Tirau, regional head at Raiffeisen Bank, and Teofil Mureșan, co-founder and president of Electrogrup.

Early this year, Teraplast shares on the Bucharest Stock Exchange increased 147%, raising the company’s market value by RON100 million, to RON163 million. 

(English version by Manuela Panescu)