TeraPlast Group, the largest producer of construction materials with local shareholders, has ongoing investments of over EUR 32 million.
In relation to the budgeted turnover, the Group’s investments in 2021 represent 25 percent and some of them are co-financed through the state aid scheme. This means that within 5 years, the Group will contribute to the state budget with taxes and duties from new businesses in an amount equal to the state aid received, EUR 14 million.
The group consists of TeraPlast, TeraGlass, TeraPlast Recycling, TeraBio Pack and Somplast.
Last year, the group sold the Steel division to the Irish at Kingspan and the carpentry profile business line to the Dynamic Selling Group.
