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.
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 signing of a major contract with Verbund Wind Power Romania, a subsidiary of the Verbund Group.
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.
Oil major OMV Petrom is progressing with its Neptun Deep development project, expecting first gas production in 2027 with estimated investments of up to €4 billion.
ABB Romania has opened its new customer experience center in Bucharest, a space designed to showcase the company's solutions in electrification, automation, energy efficiency and motion.
EU enterprises are rapidly adopting artificial intelligence technologies, with 20% of companies with 10 or more employees now using AI to conduct business in 2025, according to Eurostat.
Companies and local authorities will have over €1.5 billion in grants available for investment in energy and energy efficiency at the beginning of next year.
Premier Capital has reached a milestone with the opening of its 200th McDonald's restaurant across its European portfolio, located in Malta - the company's home country.