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Strategy

Strategy

Our strategy is based on a fast-growing business model. Our vision is to be a leader in the markets in which we operate and to become the largest polymer processor in Eastern Europe (excluding Poland). We have a business model focused on accelerated growth. We aim to consistently deliver double-digit increases in sales and profitability.
strategie teraplast v3

We pursue the sustainable growth of our business, while adding value to our employees, partners and shareholders. We believe that responsible development brings significant long-term benefits in developing a healthy and sustainable business.

Our objectives:

  • EBITDA of RON 130 million until 2022
  • A turnover of RON 636.2 million in 2021
  • Reduction of carbon emissions by another 44,000 tonnes compared to 2020, through investments in recycling and use of electricity from renewable sources (photovoltaic panels)
  • Increasing the percentage of women in top and middle management positions by at least 5% compared to 2020 and reaching a percentage of 25% women in white collar positions
  • 20% increase in the number of training hours in 2021 compared to 2020
  • Creating paperless flows by 2022

What helps us achieve our goals:

  • We will have new production capacity following investments of €32 million co-financed by the State aid scheme
  • We are actively studying mergers and acquisitions opportunities
  • We allocate resources to increase the presence outside Romania

We have a 125-year tradition that brings with it determination, adaptability and a winning spirit. The lessons of the past, the expertise of our colleagues and the responsibility towards everything around us are elements that motivate us every day. The investments and results recorded so far demonstrate our ability to perform in the context of the market, while maintaining ethical and quality standards at the highest levels.

Teraplast Group