Procurement
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Business ethics is one of our values, which is why our procurement procedures are completely transparent.
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Simtel posts consolidated operating revenues of 172.3 million lei for the first nine months of 2024, a 19% decrease compared to the same period last year, and a net profit of 6.6 million lei, down 60% compared to the first nine months of 2023.
ESG is not only an obligation, but a vital part of the growth strategy. „ESG is no longer just a necessary compliance report – is the new currency in which companies are valued by investors, partners and consumers. Anyone who does not integrate ESG into the company's DNA will be left behind
Simtel (BVB: SMTL), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and the national leader in renewable energy, and Monsson, the largest renewable energy project developer in Romania and Southeast Europe, announce the signing of a strategic partnership aimed at developing, constructing, and selling photovoltaic and/or hybrid projects with a total installed capacity of approximately 150 MWp. Additionally, the partnership will focus on the development of energy storage solutions with a capacity of up to 120 MWh. To execute these projects, the two companies intend to utilize their own financial resources, bank financing, and other funding sources such as green bonds and European funds.
Simtel (BVB: SMTL), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and a national leader in the renewable energy field, posted, at the consolidated level, operating revenues of 98.1 million lei in the first half of 2024, a 20% decrease compared to the same period last year, and a net profit of 6 million lei, a 9% decrease compared to the first six months of 2023.
Simtel Team, leader in renewable energy in Romania, through the Romanian Association for Green Energy and Sustainable Development (AREVDD), together with the Carmistin Foundation, announces the completion of the implementation of a photovoltaic plant for the Piticii Veseli Association in Prundeni, Valcea county.
"In a dynamic and complex sector like green energy, the health of our employees is essential to the company's performance and success. Monitoring the state of health of employees, including the psycho-emotional one, is very important to us. Therefore, all our employees have access to monthly medical subscriptions to a top private clinic, and this benefit is highly appreciated and used by our colleagues", says Nadia Drăgoi, HR Director, SIMTEL, in the interview granted to the GlobalHRManager.ro platform.
Bucharest, 10 July 2024 - Simtel Team (BVB: SMTL), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and national leader in renewable energy, announces that the Financial Supervisory Authority (FSA) has approved the prospectus for the admission to trading of SMTL shares on the Main Market of the Bucharest Stock Exchange.
The Romanian engineering company Simtel Team will transfer from the AeRO market to the Main Market of the Bucharest Stock Exchange (BVB). The Financial Supervisory Authority (ASF) approved the operation.
