Romania Feed for Monday, April 12, 2021

• UiPath Targets Nearly $26B Valuation In U.S. IPO
• Romania Energy Regulator Approves Investments Of At least RON1.665B In Natural Gas Systems In 2021
• Promateris Gets EUR744,000 Grant From EEA & Norway Grants To Develop New Division, Bio Compounds
• Real Estate Investor Ionut Negoita Buys 10-Hectare Land From Tubinox To Build Residential Compound
• Fashion Retailer Marc O’Polo Opens Its First Store In Northeast Romania, Within Palas Iasi Shopping Center
• Transavia’s Combined Portfolio Value Reaches EUR81M, Higher By EUR8M Than 2020 Level
• Hidroelectrica Seeks To Distribute RON1.3B Dividends From Its 2020 Net Profit
• Deltatel Takes RON5M Loan From Raiffeisen Bank, EximBank For Its Working Capital
• Counsel Group Frankfurt Seeks To Invest EUR700,000 In New Office Space In Iasi And In Headcount Increase
• Bucharest Stock Exchange Hits All-Time Highs As BET And BET-TR Indices Surge 50% In One Year
• Valtecia Development Files New Bankruptcy Request For Insolvent Romcab Targu-Mures
• Romania Average Net Salary Drops 0.9% On Month In February 2021
• Roofing Manufacturer Wetterbest Seeks to Grow Through Exports
• Kaufland Has EUR375M Investment Budgeted for Romania in 2021
• De’Longhi Becomes Top Home Appliances Exporter in Romania in 2020