Energy | 1 September, 2025 at 9:47 AM
Simtel Team appoints new Group CFO to drive consolidation
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 appointment of Mihai Velicu as its new Group CFO.
The non-performing loan (NPL) rate in the Romanian banking sector reached 2.81% at the end of June 2025, up from 2.53% in March 2025, also up from the 2.49% rate.
ArcelorMittal has announced the indefinite suspension of production at its steel factory, with operations set to halt from September 5.
Morphosis Capital Partners, a growth capital fund, has successfully closed its second fund, Morphosis Capital Fund II, at €130 million.
Luka Zivkovic has been appointed as the new GM of Bonapp, the app supporting the reduction of food waste, following its merger with Munch earlier this year.
Symmetrica, the Romanian maker of vibro-pressed pavers and kerbs, has appointed Liviu Stoleru as its new CEO.