Romania Feed for Monday, May 17, 2021

• Pirelli Tyres Romania Turnover Drops Nearly 9% YoY To RON2.53B In 2020
• Rompetrol Rafinare Turnover Up 8% To USD1B, Loss Drops Sixfold To USD14.7M In 1Q/2021
• Cemacon Net Profit Drops 32% To RON7.2M, Net Turnover Grows 21% To RON36M In 1Q/2021
• Automobile Dacia Turnover Drops 27% YoY To EUR3.783B In 2020
• Coherent Solutions Opens R&D Center In Romania; Seeks To Hire Over 150 Programmers In Next Two Years
• Corteva Rents 23,000 Sqm Of Industrial Space In Warehouse In Northern Bucharest
• Romania Raises RON555.3M Selling Oct 2030 Bonds at 3.28% Average Yield
• Braiconf Braila Turnover Plunges 56% YoY To RON4.3M In 1Q/2021
• Altur Slatina 1Q Turnover Grows 8% YoY To RON25.7M
• Romanian Antitrust Body Clears Allianz-Tiriac's Acquisition of Gothaer Romania
• Deloitte Romania Relocates Timisoara HQ to ISHO Offices
• Tarom Cancels Monday's Tel Aviv Flights Amid Escalating Violence
• IAR Brasov Profit Grows 11% in 1Q, to RON14M
• Garanti BBVA Leasing Gets EUR20M Loan from Black Sea Development Bank
• PwC: Over 40% of Romanian Companies Expect Pandemic Tax Breaks to Spur New Tax Inspections
• EY: Over 50% of Employees Globally Would Quit Jobs If Not Given Post-Pandemic Flexibility
• OMV Petrom Closes Sale of Assets in Kazakhstan to Focus on Black Sea Region
• Repair Service Provider Electronics Support Division Sees 7% Decline in Revenue to RON103M in 2020
• Compa Sibiu 1Q Profit Grows 26%, to RON7.47M
• Zentiva Romania 1Q Profit Drops 30%, to RON23.6M