Romania Feed for Thursday, May 4, 2023

• Willy Dicu Steps Down As CEO Of Teilor
• Bittnet Seeks to Raise RON5M via Bond Issue
• Small Investors Buy RON2.9M Worth of Shares in First Day of Agricover IPO
• Finance Ministry Raises RON1.78B From Banks Via Two Bond Issues
• Metropolitan Life Ends 2022 With RON597M Gross Underwritings, Up 14% YoY
• Romanians' Salary Expectations By Field Of Activity: RON9,000 In IT, RON5,000 In Retail, RON7,000 In Constructions, RON6,500 In Automotive
• Hungary’s OTP Starts Probing Market for Interest in OTP Bank Romania
• Farmec Cluj Plans To Relocate Production To New Factory In Apahida In Over EUR40M Investment
• SAI Certinvest Boosts Staff By 26% YoY In Q1/2023
• EY Assisted Carrefour in Acquisition of Cora’s Romanian Operations
• GoCab Software Ends Q1/2023 With Revenue Of Over RON2M On Corporate Ride Segment
• INS: Tourist Arrivals In Romania Grow 18.6% YoY In March 2022
• Deloitte: 90% Of Companies See Cloud Technology As Essential For Growth, Digital Transformation And Competitiveness
• Romania Insurance Market Reaches RON16.5B Gross Underwritten Premiums in 2022, Up 16% YOY
• Electronics Retailer Flanco 1Q/2023 Sales Up 40% To RON300M
• Mediapost Hit Mail Ends 2022 with EUR54.2M Turnover, Expects 15% Growth in 2023
• Romania’s Biggest Builder, Spedition UMB, Sees 2022 Turnover Top RON2B
• SomProduct Plans to Open Two Stores in 2023
• UniCredit Generates EUR64M Profit in Romania in 1Q/2023, Up around 45% from Year-Earlier Period