TeraPlast buys PVC and PE Pipe production assets of Wavin

Bucharest-listed TeraPlast Group, the largest polymer processor in Southeast Europe, continues its geographical expansion in Europe and acquires the assets for PVC and PE pipes production held by Wavin Hungary (Orbia’s Building and Infrastructure business). The acquisition will be made by Polytech Kft, a subsidiary of TeraPlast. This transaction aligns with Orbia B&I’s strategic decision to streamline its operations on the Hungarian

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Greece’s THEON sees 92% revenue jump in 9M 2024 to €222.6 million

Athens-based THEON, a world-renowned manufacturer of Advanced Optronics, Night Vision and Thermal Imaging Systems, continued to deliver on growth and profitability in the 9-months ended September 2024. Order intake grew 47.4% vs 9-month 2023 to €121.0 million with significant new orders anticipated over the next few months. Soft backlog of €400 million providing good visibility for the current year and already covering

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Porsche sticks with IPO plan

Porsche CEO Oliver Blume told Frankfurter Allgemeine Zeitung (FAZ) on Friday (June 24)the German automotive company is still planning to go ahead with its initial public offering (IPO) despite the challenging economic conditions and uncertainties over the conflict in Ukraine. “In the past, we were robust and financially strong in every crisis,” Blume was quoted as saying. In February, Porsche and its

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