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Real estate developer City Garden is investing over EUR16 million in developing a residential complex in Pipera (northern Bucharest) which will comprise 66 villas, a swimming pool and a fitness club.

Courier services company Sameday, owned by online retailer eMag, has announced its expansion on the Hungarian market, considering that it is already present on this market with delivery options in Budapest and the metropolitan area, and is going to extend its coverage countrywide, in all localities, in the next two months.

The largest refinery in Romania, Rompetrol Rafinare, part of the Kazakhstan-based KMG International group expects an improvement of its results this year with the return of demand for oil products.

The use of digital services in Romania has increased at an accelerated pace, with some 4.1 million Romanians starting to use digital services since 2019, which boosted the total number to 10.8 million digital users, a McKinsey & Company survey found.

Builder Spedition UMB ended last year with an almost four-fold increase in revenue to more than RON1 billion, Finance Ministry data show.

Travel agency Christian Tour, part of Memento Group controlled by Cristian Pandel, had a turnover of RON19.6 million in 2020, under the impact of the COVID-19 pandemic, down 53% from RON42.2 million in 2019.

SelfPay (formerly known as ZebraPay), specialized in providing self-service payment solutions, brokered 5.8 million transactions in the first three months of 2021, 61% more than in the year-earlier period, reaching EUR160 million, up 33% on the year, as the number of SelfPay payment stations grew 22.5% in the first quarter, up to 5,832.

Iasi-based Arcadia – Spitale si Centre Medicale, the largest private healthcare provider in Moldavia, posted RON109 million revenue in 2020, an increase of 12% year-on-year, ZF has calculated from the information the company supplied.

The pandemic caused the first decline in revenue for South Korea’s Samsung in Romania to some RON4.9 billion (EUR1 billion) in 2020, about 4% lower than in 2019. This is, however, the second highest revenue for Samsung in this country.

Holde Agri Invest (HAI.RO), a Romanian company operating farmland, said in a stock market report Friday that it would issue 21 million new Class A shares, with a nominal value of RON1/unit, within a share capital increase operation to be organized in two stages.

Businessman Octavian Radu, who owns several businesses, among which bookstore chain Diverta and postal firm Pink Post, sold 1.65 million shares in investment fund Evergent Investments (EVER.RO), formerly known as SIF Moldova, during the trading sessions on May 17, 18, 19, 20, for RON2.24 million, per calculations by Ziarul Financiar (ZF) based on reports published on the Bucharest Stock Exchange.

Low-cost airline Wizz Air on Friday said it was gradually reopening 27 routes to destinations in nine countries, operated from several Romanian airports.

Premier Restaurants Romania, which operates McDonald’s restaurants in Romania, is starting a recruitment campaign across the country, offering over 1,000 jobs in 27 cities and towns in which it operates, among which capital Bucharest, Constanta, Brasov, Cluj-Napoca, Timisoara, Oradea, Sibiu and Iasi, including for the new openings already announced, such as in Zalau.

Real estate developer One United Properties, a leading developer of residential, mixed-use and office real estate in Bucharest, announced Friday it has elected Claudio Cisullo as Chairman of the Board of Directors starting May 20.

Romania's state-owned natural gas producer Romgaz Medias (SNG.RO) said Friday it has come to an agreement with the contractor building the Iernut power plant to finalize the project.

Construction materials producer TeraPlast (TRP.RO) seeks to pay partial dividends amounting to RON226 million, subject to shareholders' approval in a meeting summoned for June 25.

Shares of Agroserv Mariuta (MILK.RO), the dairy processor of Laptaria cu caimac, started trading Friday on the Bucharest Stock Exchange AeRO market, reaching a stock market capitalization of RON111 million, with share prices at RON60/unit, 33% higher than the private placement price.

Denmark’s Lego posted RON117 million sales in Romania in 2020, 13% higher than in 2019, as well as RON3.1 million profit, Finance Ministry data show.

Industrial pipe manufacturer Silcotub Zalau, part of the Tenaris group of Italy’s Roca family, posted RON1.65 billion (EUR342.9 million) revenue last year, some 31% lower than the RON2.39 billion (EUR505.3 million) of 2019, Finance Ministry data show.

Health insurance provider Signal Iduna has signed an agreement to buy insurers Ergo Asigurari and Ergo Asigurari de Viata, after takeover plans by Bulgaria’s Eurohold fell through due to the failure to secure the necessary approvals from relevant authorities in due time, Signal Iduna says.