Romania Feed for Wednesday, September 15, 2021

• Simtel Team Posts 30% Rise in Revenue to RON18.5M in H1
• Wood & Company Reportedly Working On Elefant Stock Market Listing
• Promateris Holders Clear Company Split-Up, Transfer Of A Part Of Patrimony To Obor Development
• Rompetrol Well Services Holders To Discuss KJK Balkan Holding’s Proposal To Revoke Company’s Administrators
• Transelectrica Applies for Funding from EIB’s Modernization Fund for New Power Line Investment
• Crosspoint Real Estate Appoints Bogdan Gubandru As Head of Investment
• Stay Fit Gym Opens Its Biggest Unit, In Bucharest’s Colosseum Mall, In Over EUR650,000 Investment
• Dan Dragos Dragan Re-Elected Chairman Of Romgaz Executive Board
• Alpha Bank’s Mortgage Loan Balance Overshoots EUR1.28B End-June 2021
• Patria Bank Set To Increase Share Capital By RON19.73M Tops
• DocProcess Appoints Patrice Vidal As Senior Vice-President Sales & Marketing for Western Europe
• FintechOS, Romania’s New Tech Star, Enters US Market
• Romania’s Dental Clinics Hit RON2.3B Turnover in 2020, Flat from 2019
• Romania’s Low Farmland Prices, of EUR6,000/Ha, Stir Investors’ Appetite
• Radacini Estate Set to Start Works On Two Retail Parks And One Logistics Park
• Brico Depot Wants to Digitalize Work Processes in Romania
• Romania’s Postal and Courier Services Market Seen Dropping 8% YoY To EUR1.2B in 2021
• Heraeus Romania Ends 2020 with 31% Higher Profit
• Helbako Electronica Revenue Up 9.5% to EUR20M in 2020
• Apparel Manufacturer Secuiana Returns to Profit in 2020