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Arcese, an Italian group specialized in the transport of goods by land, sea and air, has leased 6,500 square meters of storage space within WDP Park Dragomiresti, a park developed by Belgian warehouse developer and operator WDP in Dragomiresti, near the capital city Bucharest.

NN Pensii, the largest private pension manager in Romania, calls for the distribution of RON2 million as dividends from car parts producer Compa Sibiu (CMP.RO), and for the approval of a program for the repurchase of 20 million shares to reduce the share capital by cancelling the repurchased shares.

Europeans' concerns regarding their financial and employment problems diminished in the first four months since the first COVID-19 restrictions imposed by the authorities have eased, according to Deloitte State of Consumer Tracker survey, with two-thirds of respondents being more open to the idea of making large purchases and more relaxed about the stability of their job. Nevertheless, Europeans are still as concerned about their physical well-being as they were during the lockdown (47% at the end of August, compared to 48% in May). European trends are in line with the global ones. The survey was conducted on 18,000 respondents from 18 countries, including nine European states - Belgium, France, Germany, Ireland, Italy, the Netherlands, Poland, Spain and the United Kingdom.

Chipita Romania, the largest actor on the croissant market in the country, ended 2019 with almost 501 million lei (EUR105.7 million) revenue, 10% more than in 2018, ZF’s calculations from Finance Ministry data show.

Builder Axa Trans Construct, which is now working on the Colosseum Mall in NW Bucharest, posted 73 million lei revenue in 2019, an increase of 71% on 2018, Finance Ministry data show. The profit almost doubled to RON3.9 million, while the number of employees reached 50.

McDonald’s restaurant chain will continue development in Romania in 2021, but the figures depend on the pandemic, says Paul Dragan, who took over as CEO from Daniel Bloaje this summer.

Computer and electronics retailer Altex, one of the largest Romanian entrepreneurial companies, expects to reach EUR1 billion sales in 2020 after three decades in business and successfully navigating three economic crises.

Construction material producer TeraPlast group said Monday it recorded a net profit of RON60.3 million in the first nine months of 2020, 80% higher on the year, while its turnover grew 14%, to RON816 million.

Romanian investment fund Fondul Proprietatea (FP.RO) is seeking to launch a public tender offer to buy back maximum 165 million of its own shares and has engaged Swiss Capital S.A. together with Auerbach Grayson as agents and Swiss Capital S.A. as intermediary.

Generics producer Terapia Cluj, owned by India's Sun Pharma, will have a new country manager starting November 1 – Bogdan Ungureanu, while CEO Dragos Damian will also be leading Sun Pharma's operations in Russia.

Romanian state-owned lender CEC Bank has concluded a new financing agreement, worth EUR50 million, with the European Investment Bank (EIB), through dedicated financing schemes for the economies affected by COVID-19.

Romania's finance ministry on Monday raised 415.5 million lei (EUR85.2 million), versus its RON300 million target, selling bonds maturing in October 2030 at an average yield of 3.56%, central bank data showed.

Most companies are still looking at how they will operate after the pandemic ends, but it is increasingly clear that they will seek hybrid solutions tailored to each organization and the office space will retain its central role, a survey by Cushman & Wakefield Echinox showed.

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) on Monday announced that the country’s antitrust watchdog approved the transaction whereby it acquires 99.92% of the share capital of DOOSAN IMGB.

Liviu Tudor, one of Romania’s biggest office owners, has developed a new standard that certifies the resilience of office buildings to pandemic or similar risks.

Blue Air, the biggest private Romanian airline, announced Monday it has received the first tranche of its state-guaranteed EUR300.7 million loan and was preparing for a complicated winter and expects to recover in spring 2021.

Delivery firm Urgent Cargus, the second largest in Romania, said it plans to hire 1,000 people by the end of the year for delivery and sorting jobs, of which over 700 in Bucharest, Brasov, Timisoara, Arad, Oradea, Sibiu, Cluj, Iasi and Constanta.

Construction material producer TeraPlast Bistrita (TRP.RO) plans to distribute a gross dividend of RON0.026 per share for the nine-month period ended on September 30, 2020, respectively a yield of 6.2%. The total amount allotted for the payment of dividends reaches RON45.3 million.

Romanian car parts manufacturer Compa Sibiu (CMP.RO) will be inaugurating two hotels in the city of Sibiu in 2023, on the site of the former Arsenal factory. The hotels will operate under the Mercure and ibis Styles brands.

Swiss drugmaker Novartis, which owns in Romania the Sandoz medicine factory in Targu-Mures, is building a drug testing center and a new manufacturing line that will increase the packaging capacity by 30%.