To this end, the company envisages “strengthening HR policies to reduce personnel rotation and boost hiring interest”.
TeraPlast’s objectives for the rest of 2021 and for 2022 also include its becoming a top ten window and door producer in Romania, a balanced capital allocation policy and hitting EBITDA of RON130 million.
TeraPlast Bistrita (TRP) in the third quarter of 2021 posted sales worth RON178 million, up 55% from the year-earlier period. At the same time, net profit climbed by 6%, to RON14.6 million.
For the first nine months of 2021, TeraPlast reported RON451 million revenues, up 46%, while EBITDA rose by 32%, from RON49 million to RON64.5 million during the January-September period.
“Overall, we’ve maintained our upward trend and we continue to post two-digit growth, even amid less favorable market conditions compared with the previous quarters”, say the group’s officials.
(English version by Catalina Apostoiu)