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Simtel Team to Transfer 14% Stake in ANT Power Energy to Adrian-Nicolae Tita for Nearly RON4 Million
Simtel Team S.A., a Bucharest‑listed engineering and technology group that specialises in the construction and maintenance of photovoltaic power plants, signed a contract on 29 June 2026 to transfer 14 % of its equity interest in ANT Power Energy S.R.L. to Adrian‑Nicolae Tita, an existing shareholder of the Romanian renewable‑energy firm. The transaction, valued at almost RON 4 million, was approved by Simtel Team’s Board of Directors on 16 July 2026 and was reported by the Romanian stock‑market press on 17 July.
Simtel Team has long been a leading national player in Romania’s renewable‑energy sector. The company is listed on the Bucharest Stock Exchange under the ticker SMTL. In 2025 its consolidated net profit fell 76 % to 8.9 million lei, a decline that has prompted a review of its portfolio. Petre Stoian was appointed chief executive officer in March 2026, and the new leadership has been focusing on streamlining operations and improving financial performance.
ANT Power Energy, the recipient of the stake transfer, operates more than 120 power plants and supplies electricity to six energy suppliers across Romania. The company’s existing shareholder base includes the founder, Adrian‑Nicolae Tita, who holds a 49 % stake and continues to serve as CEO. ANT Power has positioned itself as a mid‑size player in the country’s expanding renewable‑energy market, which is driven by EU targets and domestic policy incentives.
The phased transfer will occur in five stages, concluding in June 2030. The first tranche, a 3 % transfer, will be executed immediately after the contract signing. Subsequent tranches will be scheduled at regular intervals, with the final transfer completing the 14 % sale. The total consideration of nearly RON 4 million will be paid in cash, and the transaction will not involve a change of control, as Tita already holds a significant minority position.
From a corporate‑governance perspective, the sale reduces Simtel Team’s exposure to ANT Power Energy while allowing the company to raise capital that can be deployed in core renewable‑energy projects or used to offset debt. The transaction does not alter Simtel Team’s majority ownership of its other subsidiaries, and the company has indicated that it will continue to support ANT Power’s growth through technical expertise and market access. No immediate impact on Simtel Team’s share price has been reported, and the market has not yet reacted to the announcement.
At present, the deal is fully approved and the first tranche is scheduled for execution. Simtel Team’s next quarterly earnings report is due in September, and the company will disclose any further changes to its stake in ANT Power Energy at that time. Investors will also watch for any regulatory filings related to the phased transfer, which must be reported to the Bucharest Stock Exchange and the Romanian Competition Authority.
Simtel Team has long been a leading national player in Romania’s renewable‑energy sector. The company is listed on the Bucharest Stock Exchange under the ticker SMTL. In 2025 its consolidated net profit fell 76 % to 8.9 million lei, a decline that has prompted a review of its portfolio. Petre Stoian was appointed chief executive officer in March 2026, and the new leadership has been focusing on streamlining operations and improving financial performance.
ANT Power Energy, the recipient of the stake transfer, operates more than 120 power plants and supplies electricity to six energy suppliers across Romania. The company’s existing shareholder base includes the founder, Adrian‑Nicolae Tita, who holds a 49 % stake and continues to serve as CEO. ANT Power has positioned itself as a mid‑size player in the country’s expanding renewable‑energy market, which is driven by EU targets and domestic policy incentives.
The phased transfer will occur in five stages, concluding in June 2030. The first tranche, a 3 % transfer, will be executed immediately after the contract signing. Subsequent tranches will be scheduled at regular intervals, with the final transfer completing the 14 % sale. The total consideration of nearly RON 4 million will be paid in cash, and the transaction will not involve a change of control, as Tita already holds a significant minority position.
From a corporate‑governance perspective, the sale reduces Simtel Team’s exposure to ANT Power Energy while allowing the company to raise capital that can be deployed in core renewable‑energy projects or used to offset debt. The transaction does not alter Simtel Team’s majority ownership of its other subsidiaries, and the company has indicated that it will continue to support ANT Power’s growth through technical expertise and market access. No immediate impact on Simtel Team’s share price has been reported, and the market has not yet reacted to the announcement.
At present, the deal is fully approved and the first tranche is scheduled for execution. Simtel Team’s next quarterly earnings report is due in September, and the company will disclose any further changes to its stake in ANT Power Energy at that time. Investors will also watch for any regulatory filings related to the phased transfer, which must be reported to the Bucharest Stock Exchange and the Romanian Competition Authority.
