Sales revenue reached RON9.9 million, up 28%, while operating revenue climbed by 9% to RON12.7 million and operating expenses shrank by 8% to RON9.2 million.
“Following the expansion of our asset portfolio, our total assets reached RON 800 million, a 2.5-fold increase. Currently, the company owns 42 geothermal wells. We are determined to become a European leader in geothermal energy. We aim to reduce CO₂ emissions by over 500,000 tons annually, with the potential to exceed 1 million tons,” stated Horia Pitulea, the company’s CEO.
Green Tech International shares started trading this year on the local bourse, posting a 6.5% increase in the past month amid a RON1.2 billion market value.
(English version by Catalina Apostoiu)