Romanian renewable energy and engineering group Simtel reported consolidated Q1 2026 operating revenues of RON 152.4 million, up 91% year-over-year, driven by expansion in energy supply and trading activities. However, the company swung to a net loss of RON 3.8 million from a profit of RON 5.8 million in Q1 2025, due to project implementation timing and temporary margin adjustments in the energy supply segment.
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