The facility will have two production lines for polyethylene foils for industrial use, which represents a capacity of over 14,000 tons per year. The equipment is of the latest generation, with a high degree of robotization and automation of the production flow. At maturity, the investment will generate a turnover of 28 million euros and an EBITDA of 4 million euros, corresponding to a margin of 14%, similar to that of other segments within the Group.
The investment incentive mechanism with the greatest impact on the economy provides for state support of 50% of the total eligible expenditure of the project. Through this facility, the beneficiary undertakes to contribute to the consolidated general budget at least equal to the amount of State aid received within five years of the completion of the investment.
For optimal investment, the TeraPlast Group will access financing from Raiffeisen Bank. It is a model used successfully in the past, which allows a balanced allocation of resources and an adequate level of indebtedness.
In the last three years, the TeraPlast Group has made investments of 44.4 million euros co-financed by the state aid scheme.