Romania Feed for Monday, November 21, 2022

• De’Longhi Invested EUR126.5 in First Nine Months of 2022, Mostly in Romania
• Simtel Team Signs EUR17.5M Contract With Grunman Energy
• Rompetrol Well Services’ 9-Month Net Profit Grows 10.8% YoY To RON1.4M
• Verdino Invests EUR4M In Expanding Production Line And Developing Its Brands
• Survey: Three In Ten Smartphone Users In Romania Plan To Make A Switch For 5G In 2023
• Conrep Turnover Surges 67% YoY To RON72M In 2021
• Italian Companies Considering Relocation of Their Russia and Ukraine Plants
• CEC Bank Survey: Only 28% Of Romanians Benefited From Pay Raises In 2022
• Hidroelectrica Celebrates 50 Years Since Commissioning Of CHE Lotru
• Fortech Founder Calin Vaduva Sells His Business To GlobalLogic
• Sodexo Benefits & Rewards Services Romania Appoints New HR Director
• Porsche Engineering Opens Office In Timisoara
• SafeTech Jan-Sept 2022 Net Profit More than Doubles to RON5.3M
• Garanti BBVA Romania Borrows EUR40M from IFC to Finance Mortgages for Green Housing
• Vrancart Jan-Sept Revenues Up 51% To RON410M YOY
• Dumagas Set to Switch to Profit in 2022
• Köber Buys 20,000-Sqm Land Plot Near Deva to Build Plant