According to Laszlo Vajda, development manager, exports continued to grow within the group’s turnover, both by value and weight and after the first eight months of this year reached RON18 million, from RON7 million in the same period of last year.
“We support this foreign activity by opening a warehouse in Hungary, a center that will allow us to better manager and more efficiently meet demand on this dynamic market,” added Vajda.
According to him, Hungary has become the main export market of the group, topping Germany.
TeraPlast has a RON1.22 billion market value. After an 181% increase in 2021, the company’s shares have dropped 43% this year amid RON188m deals.
(English version by Catalina Apostoiu)