Exim Banca Romaneasca Supports TeraPlast’s Expansion in Europe: €14.7 Million for Investments in Hungary and Spain

Exim Banca Romaneasca has supported the European expansion of TeraPlast Group, the largest polymer processor in Southeast Europe, by financing the company’s acquisitions of production facilities in Hungary and Spain.

The total financing provided by the bank amounts to €14.7 million and coveres, among other things, the acquisition of Wavin Hungary’s PVC and polyethylene pipe production assets (completed in 2025), as well as the acquisition of a polyethylene pipe manufacturing plant in Spain, previously part of the MASA division of the Aliaxis Group, a transaction finalized earlier this month.

Through this financing agreement, Exim Banca Romaneasca contributes to strengthening the international presence of one of Romania’s most important industrial groups with majority Romanian ownership.

“Romania needs an increasing number of companies owned by Romanian capital that can prove their competitiveness on international markets, as TeraPlast Group is doing today. As a Romanian bank, Exim Banca Romaneasca understands the challenges and opportunities faced by local companies and has extensive experience with successful partnerships that prove how performance is achieved when entrepreneurs benefit from tailored financial solutions offered by a partner that supports their growth objectives. Supporting the internationalization of Romanian companies remains a strategic priority for us, and we will continue to work together with those that choose to expand beyond the country’s borders,” said Traian Halalai, Executive President of Exim Banca Romaneasca, during the inauguration of TeraPlast’s new production facility in Spain.

Spain becomes the fifth foreign market in which TeraPlast Group operates, following its expansion into Moldova, Hungary, Austria, and Croatia.

The production facility, located in Okondo in northern Spain and inaugurated at the end of last week, has an annual production capacity of 16,000 tonnes. The plant serves a solid customer base in Spain, France, and Germany, and generated €29.4 million in revenue in 2025.

“After Moldova, Hungary, Austria, and Croatia, TeraPlast is now producing in Spain. We have added another marker of Romanian industry on the map of Western Europe, demonstrating that Romanians can invest, build industry, and generate profit in Western European markets. Moreover, throughout this process we were supported by a 100% Romanian bank, Exim Banca Romaneasca, a trusted partner in our expansion plans. Together, we are proving that through courage and vision, Romanians can have a strong voice at the European level,” said Alexandru Stânean, CEO of TeraPlast Group.

The Spanish plastic pipes market is the seventh largest in Europe, offering significant growth potential. Through this transaction, TeraPlast strengthens its position as a major regional player and takes a significant step toward becoming a European supplier with an extensive international presence.

About TeraPlast Group

TeraPlast Group is the largest polymer processor in Southeast Europe. The Group includes TeraPlast (Romania, Moldova, Hungary, Austria, and Spain), TeraGlass (Romania), TeraPlast Recycling (Romania), TeraBio Pack (Romania), Pro-Moulding (Romania and Hungary), Optiplast (Croatia), and Aquatica Experience Group (Romania). The Group’s parent company, TeraPlast SA, has been listed on the Bucharest Stock Exchange since July 2, 2008, under the ticker symbol TRP

29 July 2026