“(…) The funds we raised from the market will be used to finance our development plans and current activity. This means investments in growth, including investments in M&A operations, to strengthen ourselves, expand geographically, curb our dependence on a single market and also ready ourselves for the moment the context of the markets we operate on will look even better and bring us opportunities”.
The company raised over EUR20 million in the two stages of the share capital hike operation.
TeraPlast’s development via M&A is taking place both in Romania and regionally. At present, the company is looking at a potential target of Romania and several ones abroad.
Alexandra Sica forecasts that for 2025 macroeconomic stability and predictability and the evolution of the markets the company operates on will play a vital role. The company is focusing on stability and does not envisage an additional share capital hike in the near future.
(English version by Catalina Apostoiu)