Nadia Drăgoi, HR Director, SIMTEL: We have a culture of belonging and innovation, which constantly encourages dialogue and personal development

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.

Simtel announces the signing of an EPC (Engineering, Procurement, and Construction) contract with Energy Capital Group, owned by MOGAN Bucharest SRL, part of the GÜRİŞ Group from Turkey, for the implementation of a battery energy storage project.

Simtel announces that the Romanian Financial Supervisory Authority (ASF) has approved the base prospectus for a corporate bond programme of up to EUR 30 million. The programme allows Simtel to issue bonds in multiple tranches over time, denominated in RON or EUR, with fixed or variable interest rates, including structures linked to sustainability objectives.

Simtel posts consolidated operational revenues of 79.9 million lei in the first quarter of 2025, marking a 71% increase compared to the same period last year, and a net profit of 5.4 million lei, up 14% compared to Q1 2024.

Simtel announces the contracting of two financings from Banca Transilvania for the completion of the photovoltaic park in Giurgiu. These consist of an investment loan worth 16 million euros and a bridge loan worth 60.6 million lei.

Simtel, an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and one of Romania’s leading renewable energy players, targets consolidated operating revenues of 502.7 million lei, EBITDA of 63.7 million lei, and net profit of 45.6 million lei for 2025.

Simtel, an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and one of Romania’s leading players in the renewable energy sector, posts preliminary consolidated operational revenues of 360.2 million lei in 2024, marking a 20% increase compared to 2023, and a net profit of 36.7 million lei, up 35% year-over-year and approximately 1.7 million lei above the 2024 budgeted level.

Simtel is expanding its portfolio by launching a new business line dedicated to energy storage systems.