Romanian engineering group Simtel Team has reported a 68% year-on-year surge in preliminary consolidated operating revenue for 2025, reaching RON 605.7 million (€121.7 million).
Romanian engineering group Simtel Team has commissioned its photovoltaic park in Giurgiu, Romania's largest solar park built on degraded land. The facility has an installed capacity of 52 MWp and an estimated annual production of approximately 73 GWh.
The Simtel Group recorded consolidated operating revenues of RON 326.7 million (€65.6 million) in the first nine months of 2025, marking a 88% increase year-on-year.
Simtel Team has announced the opening of a new subsidiary, Simtel Nordics, in Stockholm, Sweden, as part of its ongoing international expansion.
Romanian engineering and green energy group Simtel Team has announced the signing of a significant contract valued at €43 million (excluding VAT) with Hepa Energy, owned by a lead company from Israel.
Romanian engineering group Simtel Team has announced the appointment of Mihai Velicu as its new Group CFO.
Romanian engineering group Simtel Team has announced the signing of a major contract with Verbund Wind Power Romania, a subsidiary of the Verbund Group.
Romanian public engineering company Simtel Team has announced the signing of a significant EPC contract with a subsidiary of MOGAN Bucharest.
Romanian engineering firm Simtel Team has announced the signing of a significant power purchase agreement (PPA).
The project aimed to support the Piticii Veseli Association in reducing the operational costs of the location in Prundeni by implementing sustainable solutions in the long term
Simtel Team posted, at consolidated level, operating revenues of RON 45.9 million in the first quarter of 2024, down 30% compared to the same period last year.
Simtel Team targets in 2024 at the consolidated level, operating revenues of RON 394 million, EBITDA of RON 49 million and a net profit of RON 35 million.
Simtel Team announces the complete takeover of Oasis Green Energy 3, a project company developing a photovoltaic park in Salonta, Bihor County.
The Middle East conflict is driving up energy prices and pushing inflation higher across CEE. Oil and gas shocks hit import-dependent economies hardest, forcing central banks to postpone planned rate cuts as markets turn risk-off, according to an analysis by ING Bank.
Two of Romania's telecommunications providers, Orange and Vodafone, have announced separate plans to test Direct-to-Device (D2D) satellite connectivity.
Banca Transilvania (BT) reported a consolidated net profit of RON 4.10 billion (€804.7 million) in 2025, representing a 15.96% increase compared to RON 3.53 billion.
New car registrations in Romania fell 24.4% in February 2026 compared to the same month last year, according to preliminary official data processed by the Association of Car Producers and Importers (APIA).
Falcon Defence, part of Falcon Group, has announced its entry into the Romanian market with the launch of an integrated production platform for energetic materials and artillery ammunition.