Simtel targets consolidated revenues of 502.7 million lei and net profit of 45.6 million lei in 2025
Simtel (BVB: SMTL), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and one of Romania’s leading renewable energy players, targets consolidated operating revenues of 502.7 million lei, EBITDA of 63.7 million lei, and net profit of 45.6 million lei for 2025.
„The objectives we are targeting in 2025 reflect the trust we have in our business model and in the infrastructure and capabilities we have built over the past years, which now allow us to enter a new phase of growth, broader and more complex. Beyond the figures themselves, what we aim to achieve this year is a large-scale validation of our diversification and internationalization strategy, two directions that will be essential for consolidating Simtel’s position both locally and internationally within the energy ecosystem. We are already seeing increasing interest from companies in integrated solutions that combine local energy generation with storage, digitalization, and advanced monitoring. In this space, our technical expertise and our ability to deliver turnkey projects efficiently and predictably clearly set us apart. At the same time, we are fully aware that the pace of project implementation is strongly influenced by legislative predictability and access to financing. That is why we remain agile and flexible in our decision-making, so we can swiftly adjust priorities and manage risks in a constantly evolving environment. For us, 2025 is a year of expanding horizons, as we aim to further strengthen Simtel’s role as a strategic partner in the energy transition, offering complete and sustainable services and solutions,” stated Mihai Tudor, CEO and Executive Member of the Board of Directors of Simtel Team.
In 2025, the Company aims to consolidate sustainable growth by pursuing several strategic direc-tions. These include the continued diversification of its product and service portfolio – by expand-ing large-scale projects and implementing increasingly complex ones that also involve the inte-gration of energy storage solutions, ensuring grid stability and meeting the growing demands for sustainability. The Company also aims to monetize the energy produced in its own photovoltaic parks and to increase the volumes of energy supplied through GES Furnizare.
Furthermore, the Company is focused on the internationalization of its operations by leveraging its integrated ecosystem and increasing the number of projects on external markets – particularly in Germany, where the subsidiary opened in January 2025 is expected to generate results as ear-ly as its first year of operation.
Simtel seeks to remain agile in adapting to market dynamics, as access to financing for renewable energy projects will depend on the clarity of regulations and the actual pace of implementation for support schemes, including those funded through the National Recovery and Resilience Plan (PNRR). Legislative developments, supply chain tensions, and margin pressure in EPC-type pro-jects are factors that may significantly impact operations. In parallel, the Company identifies de-velopment opportunities arising from the growing demand for integrated solutions that combine energy efficiency, digitalization, and storage.
In this context, throughout 2025, the Company’s management will continue to recalibrate its fi-nancial and operational strategies based on market dynamics, regulatory developments, and the investment appetite of its clients, with the goal of effectively managing challenges while ensuring business continuity and stability, to the benefit of its clients, investors, and team.
In 2024, Simtel recorded consolidated operating revenues of 360.2 million lei, up 20% compared to 2023, and a net profit of 36.8 million lei, a 36% increase year-over-year. Earlier this year, the company received the Best Managed Companies certification in Romania for the second consecutive year, as part of the program run by Deloitte Romania in partnership with Banca Transilvania, the Bucharest Stock Exchange, and the European Bank for Reconstruction and Development.
Over the past five years, Simtel has designed and commissioned numerous photovoltaic power plants for clients across various industries and provided maintenance services in countries such as Austria, Germany, the United Kingdom, Sweden, Finland, Hungary, Chile, Ukraine, the Republic of Moldova, and Bulgaria. Currently, the photovoltaic parks under Simtel’s Operations and Maintenance (O&M) services exceed 455 MWp in installed capacity, covering 435 photovoltaic plants and managing over 5,000 interventions annually.
In 2024, Simtel continued to develop its division of proprietary photovoltaic parks by acquiring two ready-to-build projects, Salonta and Iacobeni, both of which were completed by year-end. The company now owns eight photovoltaic park projects, which, upon completion, will have a total installed capacity of over 83 MWp and are expected to generate over 111 GWh of electricity annually.
Alongside the development of its own photovoltaic parks, in 2024, Simtel also began building a portfolio of energy storage parks, which are essential in the transition to a sustainable and efficient energy system and contribute to the company’s strengthened position in the renewable energy sector. By the end of 2024, Simtel owned five such storage parks with a total storage capacity of approximately 200 MWh. The company estimates that some of these will be implemented in the second half of 2025, with the remainder scheduled for completion in 2026.
____________________
About Simtel
Simtel is a technology, engineering, and innovation group with Romanian roots, international presence, and a global vision. The group provides companies and organizations with comprehensive solutions and integrated ecosystems, covering the entire process from consultancy, authorization, design, engineering, and construction to maintenance, operation, measurement, control, and energy supply. Simtel’s 360° expertise spans photovoltaic power plants, telecommunications, energy storage systems, as well as software platform development and robotic process automation, aiming to optimize resources and enhance efficiency. Simtel Team is listed on the Main Market of the Bucharest Stock Exchange under the ticker symbol SMTL.