Simtel recorded operational revenues of 326.7 million lei in the first nine months of 2025, but net profit decreased by 69%. The company continues to develop renewable energy projects.

Simtel (BVB: SMTL), a leader in engineering and technology in the field of renewable energy, reported operational revenues of 326.7 million lei in the first nine months of 2025, an increase of 88% compared to the previous year. The turnover grew by 96%, reaching 322 million lei, however, the net profit decreased by 69%, to 2.7 million lei, due to deliveries and collections scheduled for the end of the year.

CEO Mihai Tudor emphasized the importance of new contracts, valued at 670 million lei, which ensure high visibility over future revenues. The company continues to develop photovoltaic park projects, estimating an installed capacity of 64.4 MWp by the end of the year, and is focusing on energy storage projects. Additionally, Simtel has opened a branch in Stockholm, Sweden, to expand its international presence and transfer technical expertise to the Nordic region.