Simtel (BVB: SMTL), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and one of the leading national players in the renewable energy sector, announces the consolidation of its management structure through the appointment of Petre Stoian as Chief Executive Officer (CEO) of Simtel Team S.A., the Group’s main company responsible for engineering, design, and execution of energy projects (EPC).
“In the context of the accelerated expansion of the Simtel Group’s activities and the diversification of its business lines, this organizational development aims to strengthen the operational management of Simtel Team, while Mihai Tudor continues in his role as CEO of Simtel Group, focusing on coordinating the growth strategy, new investments, and the portfolio of companies within the Group. Under Mihai Tudor’s leadership, Simtel has gone through one of the most dynamic periods in its history, recording accelerated growth and expanding its activity into an integrated ecosystem of companies active in the fields of energy, technology, and infrastructure. The appointment of Petre Stoian as CEO of Simtel Team will allow us to continue developing the company’s EPC segment, while maintaining strategic coordination at the Group level. His experience in the energy sector and in managing complex organizations represents an important advantage for Simtel’s next stage of development ,” stated Iulian Nedea, Chairman of the Board of Directors of Simtel.
“Simtel has experienced accelerated growth in recent years, and today the Group includes more than 25 entities operating in complementary sectors. In this context, it is important to have a management structure that supports both strategic coordination at the Group level and the operational management of the main business lines. Therefore, at the Group level we will continue to focus on developing new investments, strengthening the companies within the ecosystem, and capitalizing on opportunities in energy, technology, and infrastructure ,” added Mihai Tudor, CEO of Simtel Group.
In his new role, Petre Stoian will be responsible for consolidating Simtel’s EPC activity as a benchmark of engineering excellence by leveraging the experience and professionalism of the existing team and by developing an organization focused on performance, innovation, and technology.
“The energy sector is going through a period of accelerated transformation, and the development of the infrastructure required for the production and integration of renewable energy is becoming a strategic priority in both Europe and Romania. Simtel has a solid position in this field and a team with relevant experience in implementing energy projects, and my objective is to continue strengthening this activity and contribute to the development of modern and efficient energy infrastructure projects ,” stated Petre Stoian, CEO of Simtel Team.
Petre Stoian has more than 18 years of experience in the energy sector, having held top management positions in companies such as Enel, Delgaz Grid, and Electrocons Group, where he coordinated large teams and major investment projects. He graduated from Politehnica University of Timișoara – Faculty of Energy Engineering, holds a master’s degree in Energy Engineering, and an MBA from the Bucharest Business School. His professional background also includes international executive programs at ESMT Berlin and Duke University, as well as ANRE certifications.
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About Simtel
Simtel is a technology, engineering, and innovation group with Romanian roots, international presence, and a global vision. The group provides companies and organizations with comprehensive solutions and integrated ecosystems, covering the entire process from consultancy, authorization, design, engineering, and construction to maintenance, operation, measurement, control, and energy supply. Simtel’s 360° expertise spans photovoltaic power plants, telecommunications, energy storage systems, as well as software platform development and robotic process automation, aiming to optimize resources and enhance efficiency. Simtel Team is listed on the Main Market of the Bucharest Stock Exchange under the ticker symbol SMTL.
