“We have reached the most difficult point in our journey. After an intense expansion period, we are now focusing on consolidating the businesses in the group, expansion on already existing markets and improvement of profitability. The fast-paced expansion phase is over for the time being and we expected the synergies generated by the new subsidiaries to produce visible effects in the second half of 2025,” TeraPlast said.
Growth in sales should mainly come from the increase in volumes by 9%, consolidation of Optiplast Croatia and the operations of the assets acquired in the new manufacturing facility Zsámbék Hungary.
TeraPlast is 46.8% held by entrepreneur Dorel Goia.
(English version by Loredana Fratila-Cristescu)