Romania's Simtel Team net profit soars 200% y/y in Q1
- Admin
- May 22, 2024
- 1 min read
Romanian technology and engineering company Simtel Team reported a significant increase in net profit but a decrease in revenue in the first quarter of 2024. The company transitioned to larger scale projects, with a recent contract signed for a 27 MW photovoltaic plant in Satu Mare. Founded in 2000, Simtel Team specializes in eco-engineering, industrial automation, telecommunications, electric mobility, and photovoltaic equipment.
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