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.
Telecom group Digi Communications registered €2.2 billion in consolidated revenues during 2025, a 15% increase compared to 2024.
Romanian producer Aeta, former Electroargeș, has terminated its contract with Beko Romania following a commercial dispute over pricing adjustments for 2025 and 2026.
State-owned power producer Hidroelectrica has signed a turnkey contract for the project.
DN Agrar Group, one of Romania's leading integrated agrifood companies and Europe's largest dairy milk producer, closed 2025 with preliminary turnover of €43 million, up 21% compared to 2024. Net profit increased by 65% to €10.5 million, translating into a net margin of 25%.
Romanian startups raised €103 million in 2025 across 40 transactions, according to a new report by How to Web. The total investment volume is approximately 20% lower than in 2024, showing a recalibration in investment activity within the local ecosystem.