Simtel Team (stock symbol: SMTL), a Romanian engineering and technology company and a leading renewable energy business in the country, has called its shareholders for an April 25 meeting to vote, among others, on approving the transfer of shares from the Multilateral Trading System (AeRO secondary market) to the main market of the Bucharest Stock Exchange.
Simtel reported a consolidated turnover of RON295.6 million for 2023, up 112% from 2022, and net profit of RON27.4 million, up 115% on the year.
Valued at RON465 million, the company is 23.4%-owned by Iulian Nedea, 23.2% by Sergiu Bazarciuc and Radu Vilau holds a 23.2% stake.
