“In the coming period, we will take this step, we feel there’s a good growth context at European level, we must make full use of the opportunities the market is offering us now, we are taking steps in this direction,” says Iulian Nedea.
The company has already stepped outside Romania with a subsidiary in the Republic of Moldova, where it has already signed a contract and is in talks for several other collaborations.
Iulian Nedea also says that in the coming period he also envisages boosting energy efficiency by developing an energy consumption monitoring platform.
Simtel reported RON37.6 million turnover and RON3 million net profit, at a consolidated level, in the first six months of this year, meaning revenues doubled against the year-earlier period.
(English version by Catalina Apostoiu)