Romania Feed for Friday, October 15, 2021

• Electronic Commerce to Grow by More Than 20% in Romania in 2021
• AROBS Transilvania Completes Private Placement, Raises RON75M
• BNR: Annual Inflation Rate to Probably Rise to Much Higher Values Than Anticipated
• BNR Warns About Fiscal Policy Stance
• Entrepreneur Mădălin Tomescu launches Kuziini concept-store, the only kitchen showroom in Romania operational 100% digital
• The 12th annual edition of the Credit Risk Management Conference will be held online on October 26
• Clariant completes construction of first commercial sunliquid® cellulosic ethanol plant in Podari, Romania
• ROCA X and NETOPIA Ventures invest EUR 175,000 in the MOCAPP platform
• Țuca Zbârcea & Asociații secures top spot in IFLR 1000’s rankings and receives the highest number of lawyer recommendations for Romania
• Sales of wedding bands increased by 85%, engagement rings 40% in the summer of 2021, compared to 2020
• Year to date global IPO activity exceeds full year 2020 deals and proceeds
• Tailent continues its global expansion and enters the Portuguese market through a partnership with the integrated solutions provider Winsig
• Impact Developer & Contractor Study & Infographic: 95% of Bucharest residents changed their lifestyle during the pandemic
• EY: Global IPO Market Kept Booming In Q3/2021- Most Active Quarter In Last 20 Years
• Dent Estet, Part Of MedLife Group, Acquires Majority Stake Of 60% In Stomestet Cluj
• Ana Murray, Ashoka Romania: Social finance offers that framework in which expectations, performance, and leadership blend to accelerate social impact
• Romanian Tech Startup Tailent Announces Expansion Into Portugal
• Romania Ranks 14th In The EU As New Car Registrations Grow 4.3% YoY In Jan-Sept 2021
• Three-Month ROBOR Surges To 2.2% A Year on October 15
• Romania Construction Works Drop 5.8% On Year In August 2021
• EuroinSol Founder Nicoleta Munteanu Invests EUR200,000 In Entrepreneurial Education Business For Children, Schools
• France’s Axeria Set to Enter Romania Auto Liability Insurance Market in 2022
• Online Restaurant Yellow.Menu Adds Two New Services on B2B Segment
• Dacia and Ford Plan Further Production Halts in Romania in Coming Weeks On Chip Crunch
• Compania Hoteliera Intercontinental Romania Expects 60% Lower Revenues in 2021 from 2019
• Belgium’s Etex Eyes EUR10M Investments in Romania in Next Two Years
• Romania Needs to Invest EUR23B in Green Energy by 2030