Romania Feed for Monday, March 22, 2021

• Romania Raises RON400M Selling Nov 2024 Bonds at 2.4% Average Yield
• NEPI Calls for Public Sale of Romexpo Land
• Iulius Group Starts Work on EUR7M Retail Project Near Iasi
• Telekom Romania: 97% of Romanians Use Smartphones
• Flanco Sales Drop 11% in 2020, Profit Drops 44% to RON22.3M
• Norofert Seeks to Raise Share Capital by RON3.4M
• Investors Bought RON1.4B of Govt Bonds in March Program
• ING Bank Romania Posts 3% Growth in Revenue in 2020, Gross Profit Down 37%
• Romanian Game Developer Amber Turnover Tops $20M in 2020
• Dacia Registers Record Orders for Electric Vehicle
• Sphera Franchise Group Spends RON59M or 8.2% of Revenue on Rent in 2020
• Adventum Looking into Buying Hermes Business Campus
• Developer Portland Trust Set to Invest in Solar Parks in Romania