The management of Simtel Team annpunces the opening of a new subsidiary in Stockholm, Sweden – Simtel Nordics. This initiative marks a new stage in the company’s international expansion process and is based on the market opportunities identified in the Nordic region, one of the most dynamic and advanced in Europe in the field of energy transition.
“The Nordic countries offer a favorable environment for the development of renewable energy and storage projects, and through the establishment of Simtel Nordics, the company will actively contribute to accelerating the transition to clean energy in this region. The Stockholm subsidiary will provide closer proximity to existing partners and potential clients, ensuring high-quality local services and increasing the Group’s operational capacity at the European level. At the same time, the expansion into Sweden, together with the one carried out in Germany at the beginning of the year, strengthens Simtel’s international growth direction and creates a solid foundation for scaling the successful model built in Romania to new European markets,” a company release shows.
Simtel Nordics will be primarily active in the EPC segment for energy storage and hybrid projects, complemented by Operation and Maintenance (O&M) services dedicated to BESS systems. The company is currently in the process of building the local team.
In the medium term, the objectives include expanding the EPC and O&M project portfolio in the Nordic countries, while in the long term, integrating other business lines of the Group and completing the mix of services provided by Simtel internationally.
The opening of the Swedish subsidiary marks the second expansion in Europe in 2025, after the inauguration of the German one in January. The two subsidiaries will work closely with the teams in Romania, within an integrated operational model based on the transfer of technical expertise, cost optimization for implementation, and the increase of operational capacity.
For 2025, the company does not plan to open other subsidiaries. However, the Group’s strategic plan through 2031 includes opening at least two new entities in high-potential European markets, as part of its international expansion pillar.