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Teraplast SA — Board/Management Information 2019
Jun 11, 2019
2298_iss_2019-06-11_4c0ca3f1-b99d-4c71-93b2-a7dadceee692.pdf
Board/Management Information
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CURRENT REPORT
In accordance with Law no. 24/2017, and FSA Regulation nr.5/2018
Date of the report: June 11 2019
Name of the issuing company: TERAPLAST S.A.
Registered office: village Saratel, Sieu-Magherus commune, DN 15A, km 45 + 500, county Bistrita-Nasaud
Phone number: 0263/238.202
Fax number: 0263/231.221
Trade Register No.: J06/735/1992
VAT number: RO3094980
Subscribed and paid-up share capital: RON 107.024.527,40
Regulated market for shares admitted to trading: Bucharest Stock Exchange, standard cat., symbol TRP
Important events to be reported: TeraPlast Group, the largest Romanian producer of
construction materials, reappointed the CFO – Ioana Birta, for a period of 4 years,
starting with June 14th 2019. The decision was made by the TeraPlast Board of
Directors in June 10th 2019.
Ioana Birta leads the financial department of TeraPlast since June 2017. During her CFO mandate, the TeraPlast Group recorded a 91% increase in turnover and a 55% increase in EBITDA, compared to 2017. Ioana had a significant contribution to setting the grounds for the future development of the Group through extensive investment projects, including the 15 million euro investments, co-financed through state aid.
She was responsible for the integration of the businesses that entered the portfolio of the Group in 2017 and contributed to the reorganization of the Group's structure, namely the integration of Politub in the polietilene segment of TeraPlast and the spin off of the recycling business in TeraPlast Recycling.
Her objectives for the new mandate are in the area of process improvement, providing an essential support for growth.
| TERA | TeraPlast | TeraSteel | TIT TeraGlass' |
|---|---|---|---|
| PLAST | TeraPlast | TeraSteel | wetterbest |
| GROUP | Hungary | Serbia |
Ioana worked for 10 years in top audit and consulting firms and is a member of the ACCA (Association of Chartered Certified Accountants).
About TeraPlast Group
With a tradition of over 120 years, the TeraPlast Group is currently the largest Romanian construction materials producer. The Group comprises of the following companies: TeraPlast, TeraSteel Romania & Serbia, Wetterbest (Depaco), TeraGlass, TeraPlast Hungary. Starting with April 2019, the recycling business has been spun off in the independent company TeraPlast Recycling.
Since the 2nd of July 2008, the largest company of the Group – TeraPlast SA – is listed at the Bucharest Stock Exchange under the TRP symbol. TeraPlast's shares are included in the following indexes: BET-BK, BET-XT, BET-XT-TR and BET-Plus.
General Manager
Alexandru Stanean
For additional information please contact us at the phone number +4 0741 270 439, e-mail: [email protected], contact person Alexandra Șica – Manager PR.