Energy | 20 October, 2025 at 1:36 PM
Simtel Team opens subsidiary in Sweden
Simtel Team has announced the opening of a new subsidiary, Simtel Nordics, in Stockholm, Sweden, as part of its ongoing international expansion.
Simtel Team has announced the opening of a new subsidiary, Simtel Nordics, in Stockholm, Sweden, as part of its ongoing international expansion.
Romanian engineering group Simtel Team has announced the signing of a major contract with Verbund Wind Power Romania, a subsidiary of the Verbund Group.
Enexus, a provider of integrated EPC services for photovoltaic projects, has announced the signing of a contract for a 20 MWp photovoltaic power plant.
Visual Fan has signed a major contract worth approximately €9.2 million with Renovatio Trading.
NEPI Rockcastle a new 54.1 MW greenfield photovoltaic park in Chișineu-Criș, Arad County, as part of an investment program worth €110 million.
Photon Energy and Hyperion Renewables have announced the signing of an EPC contract for a 34 MW photovoltaic project in Săliște.
Enexus, an integrated EPC company specializing in mid- to large-scale solar and storage projects, has announced a turnover of approximately €23 million.
Swiss energy player MET Group has purchased a ready-to-build (RTB) photovoltaic park in Răscăeți (Dâmbovița County), from Kraftfeld.
Romania's economy delivered a mild upside surprise in the third quarter, with flash estimates pointing to 1.6% annual growth, above expectations. However, the economy still contracted by 0.2% versus the previous quarter. After nine months of 2025, the economy is 0.8% above the same period of 2024, according to a report by ING Bank Romania.
MedLife, Romania's largest private healthcare network, announced financial results for the first nine months of 2025. The group recorded consolidated pro-forma revenue of over RON 2.36 billion (€464 million), up 19.5% compared to the same period in 2024. EBITDA pro-forma increased by 20.4% compared to the first nine months of last year.
The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.
Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.
BT and BT Investments have received approval from the Financial Supervisory Authority to acquire BRD Pensii and the BRD mandatory private pension fund (pillar 2).