Investors
SIMTEL for investors
Analyze our results, reports and progress.
EGMS Convening Notice – supplemented
Information on OGMS & EGMS voting rights
2024 Board of Directors Report
2024 Consolidated Financial Statements
2024 Consolidated Financial Statements – ESEF format
2024 Individual Financial Statements
2024 Individual Financial Statements – ESEF format
2024 Audit Report Consolidated Financial Statements
2024 Audit Report Individual Financial Statements
2025 Revenue and Expense Budget
2024 Simtel Team SA Remuneration Report
Information on AGEA and AGOA voting rights
Report of the Administrative Board for 2023
Independent Auditor’s Report 2023
Notes to the audited financial statements 2023
Budget Revenue & Expenditure for 2024
Remuneration report Simtel Team SA 2023
Remuneration Policy Simtel Team SA
Rules of organization and conduct of the AGM Simtel Team S.A.
EGMS Convening Notice – supplemented
Information on OGMS & EGMS voting rights
2024 Board of Directors Report
2024 Consolidated Financial Statements
2024 Consolidated Financial Statements – ESEF format
2024 Individual Financial Statements
2024 Individual Financial Statements – ESEF format
2024 Audit Report Consolidated Financial Statements
2024 Audit Report Individual Financial Statements
2025 Revenue and Expense Budget
2024 Simtel Team SA Remuneration Report
Board of directors
On 25.04.2023, the Ordinary General Meeting of the Company’s Shareholders appointed Nedea Iulian, Bazarciuc Sergiu – Eugen, Vilău Radu, Netea Adrian and Tudor Mihai as members of the Company’s Board of Directors, for a term valid until 25.04 .2027. On 27.04.2023, Iulian Nedea was appointed President of the Company’s Board of Directors (for a term valid until 25.04.2027), and on 31.05.2023, Mihai Tudor was appointed General Director of the Company (for a mandate valid until 31.05.2027).
The Board of Directors of Simtel Team is made up of the following members:
Auditor
The financial auditor of SIMTEL Team S.A. is Baker Tilly Klitou And Partners S.R.L., registered at the Commercial Register at the Bucharest Court under no. J40/5434/2003, having CUI 15381680 – for a mandate valid until 04/30/2026.
Listing memorandum
Memorandum prepared for the admission of shares issued by SIMTEL Team SA on the AeRO market – Download here
Corporate governance documents
- SIMTEL Team SA Articles of Incorporation
- Dividend Policy Statement
- Forecast Statement
- Remuneration policy
- Regulation on the organization and conduct of the GMS
- Corporate Governance Code
- Board member evaluation policy
- Investor Communication Policy
- Regulation of the Board of Directors
- Regulation of the Audit and Risk Committee
- Statement on Gender Representation
Main Market
- Admission Prospectus – FSA Decision
- BVB Admission Decision – 11.07.2024
- BVB Admission Prospectus – 11.07.2024
- IFRS Consolidated Financial Statements 2021-2023
- IFRS Audit Report 2021-2023
Investors Presentation
Investor Day
Whistleblowing
Capital increase
In this section, investors can find all the information related to the 2022 operation to increase the share capital of Simtel Team S.A., approved by the AGEA Decision of 28.12.2021. According to the AGEA Decision, the Company will increase the share capital by issuing up to 705,500 new shares with a nominal value of 0.2 lei/share. The capital increase operation will be organized in two stages, the first to take place between 27.05.2022 – 25.06.2022.
The first stage is the subscription on the basis of pre-emptive rights, and in the second the private placement will take place. The detailed schedule of the operation is given below:
| Event | Date |
|---|---|
| Trading of preemptive rights | 18.05.2022 – 24.05.2022 |
| Stage 1: subscriptions based on pre-emptive rights | 27.05.2022 – 25.06.2022 |
| Publication of the report on the completion of stage 1 | 27.06.2022 |
| Stage 2: Private placement for the remaining shares | Established by a separate decision of the Sole Administrator |
In the first stage, investors will be able to buy newly issued shares based on the number of pre-emptive rights. The price per share in Stage 1 of the capital increase was set at 18.1994 lei/share. The price per share includes the nominal value of the share (0.2 lei) and the issue premium (17.9994 lei). 10 pre-emptive rights are required for the subscription of a new share, rounded down to the nearest natural number.
The newly issued shares, left unsubscribed at the stage of exercising the preferential rights, will be offered to a maximum number of 149 investors at a price of 18.2094 lei/share. The price per share includes the nominal value of the share (0.2 lei) and the issue premium (18.0094 lei). The price was calculated by adding 0.01 lei to the price set for stage 1 of the above-mentioned share capital increase.
If you are interested in participating in the private placement for the new Simtel Team shares, please contact our intermediary, BT Capital Partners, or send us an email at investors@simtel.ro.
Subscription to the Offer will take place between 9:00 AM and 5:00 PM of each working day, except for the last working day when the subscription schedule is 9:00 AM to 1:00 PM.
2025 Corporate Bond Programme
Below you can download the documents related to the corporate bond issuance program carried out by Simtel Team S.A. in 2025.
Prospectus for the corporate bond issuance program
FSA Decision No. 557/19.06.2025 regarding the approval of the prospectus
Board of Directors and CEO
IR contact
For any questions related to SIMTEL Team’s activity as well as our plans on the capital market, please contact the investor relations team at the attached email or phone number.
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Make an appointment with a representative
Bucharest, Sector 6, Splaiul Independentei No. 319L, Brussels Building (building B), ground floor
Stay up to date with our latest updates
The latest news, technology and resources from our team.

Simtel announces the commissioning of the photovoltaic park in Giurgiu, the largest solar park in Romania built on degraded land, with an installed capacity of 52 MWp and an estimated annual production of approximately 73 GWh.

Simtel announces the signing of a contract worth approximately RON 217 million (excluding VAT) with HEPA Energy, a company owned by a lead company from Israel. Simtel anunță semnarea unui contract în valoare de aproximativ 217 de milioane de lei (fără TVA) cu HEPA Energy, deținută de o companie-mamă din Israel.

Simtel announces the appointment of Mihai Velicu as Group Chief Financial Officer (CFO). This decision marks a new stage in Simtel’s development, initiating a process of consolidation and organizational structuring designed to ensure the strategic and financial coordination of all the companies within the group.

The newly installed photovoltaic plant has a capacity of 15 kWp, consisting of 30 solar panels covering an area of 29.3 sqm. It will produce approximately 15.45 MWh of electricity annually, contributing to a reduction of about 7.25 tons of carbon dioxide emissions each year.

Simtel announces the signing of a significant contract worth approximately EUR 19.1 million (excluding VAT) with VERBUND Wind Power Romania, part of the international VERBUND Group, one of the largest renewable energy producers in Europe.

G-Energy Solutions, the new brand under which GES Furnizare operates, part of Simtel, announces the launch of a new strategic green energy procurement program through long-term Power Purchase Agreements (PPAs), targeting a total volume of 1 TWh/year (equivalent to 1,000 GWh/year) from wind and hydro sources. The program includes physical PPAs with durations between 7 and 10 years.


