Simtel 9-month revenue jumps 88% on strong PV and BESS contracts
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.
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.
Parapet, the Romanian EPC contractor specialising in renewable energy, has announced the signing of seven new contracts with Italian green energy company, Alerion.
Hidroelectrica, Romania's largest green energy producer, announced the awarding of the turnkey contract for the Nufărul Pilot Project floating photovoltaic panel system.
Romania engineering group Simtel, specialized in the renewable energy field, plans to launch as early as next week its first corporate bond sale.
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
As Romanians brace for a potential doubling of electricity bills from July 1st due to the elimination of the energy price cap.

The Romanian economy is entering 2026 on a fragile footing, prompting ING analysts to significantly lower their growth expectations for the year.
OMV Petrom will construct a photovoltaic park at its Petrobrazi refinery in Romania.
Romania's economy grew by 0.6% in 2025 but ended the year in a technical recession.
Shareholders of state-owned nuclear power producer Nuclearelectrica have approved the final investment decision for the Small Modular Reactor (SMR) project at Doicești.
Electro-Alfa International has raised approximately 580 million RON (€115 million) for around 66 million newly issued shares, equivalent to a 35% free-float, following its initial public offering (IPO) on the Bucharest Stock Exchange (BVB).