Romania Feed for Thursday, August 5, 2021

• Stanleybet Raises Almost RON20M From Private Bond Placement
• Transelectrica Unveils 20 Strategic Projects To Develop Electricity Transmission Grid
• OTE Announces Cost to Clear Last Hurdle in Orange’s Takeover of Telekom Romania Fixed Operations
• Lithuanian-held Apex Alliance Hotel Management Finalises EUR42M Investment in Bucharest’s Old Town
• Telekom Romania EBITDA Grows 14% YoY To EUR41.4M In 2Q/2021
• Wizz Air To Launch Flights On Two New Routes From Romania In Autumn 2021
• Blue Air Announces First Direct Flight On Iasi-Dublin Route
• Euroins Romania Calls Shareholders To Vote On New Share Capital Increase, Worth Over RON120M
• Nuclearelectrica To Extract Uranium Ore In Tulghes-Grinties Perimeter
• Readymix Romania Net Profit Up 19% YoY To RON15.4M In 2020
• International Beer Day: Romania 7th in EU by Beer Production, with 1.7 Billion Litres in 2020
• Joysonquin Automotive Systems Romania Posts 11% Lower Turnover YoY To RON514.5M In 2020
• Transgaz Completes Phase 1 Of BRUA Pipeline; Construction Works Reach EUR377.4M
• Rolling Stock Manufacturer Astra Rail Industries Saw Turnover Drop by 7.5% in 2020, to RON675M
• Romania’s Biggest Delivery Companies Raked in RON240M Turnover in 2020
• One in Ten Tourism Employees Exited Sector in 2020
• Damen Galati Shipyard Posts 70% Higher Revenue in 2020
• Cersanit Headcount Down by 100 in 2020, Revenue Up 8% to RON177M
• Insurers’ Assets and Liabilities Up 9% and 10% in Q1