Board of Directors of Teraplast SA inform its shareholders and potential investors about the decision to outsource the logistic activities of Teraplast Group. In this context, the Board of Directors of Teraplast decided to set up a new company, which, in the following months, will take over all logistic activities (warehousing and transport). The shareholders of the new created company will be Teraplast with 99% of share capital and subsidiary Plastsistem. The outsourcing of the logistic activities is made in the context of which Teraplast Group intends to focus on core business activities, while the related activities are to be run to separate entities.

In order to ensure a complete and accurate information of the shareholders and potential investors, we reproduce the decision taken by the Board of Directors of Teraplast SA:

Details here…