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The Romanian company Simtel is involved in reducing the energy dependence of the Republic of Moldova

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Simtel enters the energy storage market with a new business line

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

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Simtel posts revenues of 172.3 million lei and a net profit of 6.6 million lei in the first nine months of 2024

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.

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Simtel at the Round Table „Sustainability. From manufacturer to consumer” – How we support companies to achieve their ESG goals and win in the new green economy

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

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Simtel and Monsson sign a strategic partnership for the development of photovoltaic and energy storage projects in Romania

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.

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Simtel and PRIME Batteries Technology implement an innovative energy storage project at Prodromu Romanian Hermitage on Mount Athos in Greece

Simtel and PRIME Batteries Technology implement an innovative energy storage project at Prodromu Romanian Hermitage on Mount Athos in Greece

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Simtel posts revenues of 98.1 million lei and a net profit of 6 million lei in the first half of 2024

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.

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AREVDD, part of the Simtel Team group, and the Carmistin Foundation provide green energy to Piticii Veseli Association from Prundeni

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.

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

"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.

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FSA approves the transfer of Simtel Team shares on the Main Market of the Bucharest Stock Exchange

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.

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The engineering company SIMTEL will transfer from AeRO to 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.

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