Romania Feed for Wednesday, August 4, 2021

• Nordis Group Inaugurates Seaside Hotel, Announces Plans for Residential Development Mamaia Dune
• Antitrust Body Looks Into Banca Transilvania’s Acquisition Of Idea Bank
• Timisoara Municipality Inks RON136.4M Contract with Turkish-held Karsan Otomotiv for 44 Electric Buses
• BRD, Garanti BBVA Romania Lend EUR120M To NE Property BV, Part Of NEPI Rockcastle Group
• Furniture Maker Spectralcom Changes Name To Spectral Mobila
• Certion Property Developers Invests EUR45M In Four Residential Projects In Neptun-Olimp Seaside Resort
• Pandemic Impact On Retail Parks And Shopping Malls In Romania
• Cegedim: Romania Medicine Market Up 10.6% By Value To RON19B, Up 0.6% By Volume In Past 12 Months
• PeliPartners Assists Adventum In Acquiring Hermes Business Campus From Atenor
• Romania Retail Sales Grow 3.2% On Month In June 2021
• Average Rental Price In Capital Bucharest Hits EUR7.5/Sqm In 2Q/2021, Down Nearly 5% Vs 2Q/2020
• Carrefour Has Just 353 Stores Left In Romania, 16 Fewer From End-2020
• American Pan Invests EUR4M At Its Baking Pan Plant In Alexandria
• Romanians Spent About EUR500M on Online Gambling and Sporting Bets in 2020
• Pandemic Causes 25% Drop in Romania’s Footwear Exports To $729M
• Romania’s Ice Cream Production Down 17% in 2020