Romania Feed for Wednesday, May 11, 2022

• Romania SME Guarantee Fund Reports Record Profit, Of RON102M, For 2021
• JYSK Opens Store In Bailesti; Reaches 121-Unit Chain In Romania
• Fondul Proprietatea Set To Repurchase 325 Million Own Shares
• Philip Morris International Paid Over RON2.5B In Taxes To Romania’s State Budget In 2020
• Adservio Raises EUR2M In Equity Funding Round From Catalyst Romania Fund II
• C&W Echinox: Corporate Employees Gradually Return To The Office; Bucharest Metro Traffic Doubles In March 2022
• Rompetrol Rafinare Completes USD$4.2M Upgrade Of Vacuum Distillation Plant At Vega Ploiesti Refinery
• First Bank Reports RON57M Net Profit For 2021
• Revolut appointed a new Senior Hire to lead regional growth in CEE region
• Cushman & Wakefield Echinox: The Bucharest metro traffic doubled in March after the pandemic
• Kané Group Valued At RON20M After RON1.8M Funding Round
• The Deloitte Foundation and World Vision open a center for educational activities for Ukrainian children
• The Romanian Diversity Chamber of Commerce organizes Global Accessibility Awareness Day (GAAD)
• SEE’s Largest Renewable Energy Event Will Take Place in Bucharest on May 17th
• EY celebrates 30 years in Romania and emphasizes the theme of progress
• Stay Fit Gym Sets Up Advisory Board Made Up Of Top Executives
• Strategic investment in the Vega Ploiești refinery
• UiPath Foundation supports One World Romania# 15, the international documentary and human rights festival
• Stay Fit Gym brings three top executives to the Advisory Board
• GambIT Digital, the new tenant of Globalworth Square
• GambIT Digital Moves To Globalworth Square Building
• Three-Month ROBOR Spikes To 5.37% A Year On May 11 After Central Bank Raises Key Rate
• Romania Posts Trade Deficit Of Over EUR7.1B YoY In January-March 2022
• Romania’s Annual Inflation Rate Soars To 13.8% In April 2022
• Heating System Supplier Viessmann Ends 2021 with RON203M Turnover, Up over 11% YOY
• Germany’s Kromberg & Schubert Seeks to Hire 120 People at Nadab Plant
• Poland’s CCC Hits RON661M Turnover in Romania After 33% Growth in 2021
• Donna Medical Center Ends 1Q/2022 with 15% Higher Turnover vs Year-Earlier Period
• Italian Vicenzo Randisi Invests EUR7M in Cookie and Flour Product Plant in Ialomita County
• Altex Sees Turnover Rise Fivefold in One Decade