Current Report 04/2025
Pursuant to Law no. 24/2017 on issuers of financial instruments and market operations and to the Romanian Financial Supervisory Authority Regulation no. 5/2018 on issuers and operations with securities, as subsequently amended and supplemented and the provisions of Article 99 of the Bucharest Stock Exchange Code, Title II, Issuers and Financial Instruments.
Date of report | 10.03.2025 |
Name of the Company | Green Tech International S.A. |
Registered Office | 5 Sofia Street, 2nd floor, 1st District, Bucharest, România |
investors@green-tech.energy | |
Phone | 0722.219.275 |
Website | https://www.green-tech.energy |
Registration no. with Trade Registry | J40/1110/2012 |
Fiscal Code | RO 29647812 |
Subscribed and paid share capital | RON 7,992,112.8 |
Total number of shares | 79,921,128 |
Symbol | GREEN |
Trade Market | Bucharest Stock Exchange, Main Segment, Standard Category |
Important events to be reported: Preliminary consolidated financial results for 2024
Green Tech International S.A. (hereinafter referred to as the “Company” or the “Group”) informs the market about the publication of preliminary consolidated financial results for 2024.
Horia Pitulea, CEO Green Tech International S.A.:
“Our 2024 results follow our development strategy: sales revenues increased by 28% (RON 9.9 million), operating expenses reduced by 8% (RON 9.2 million), and net profit was RON 2.56 million, five times higher than the previous year. Following the expansion of our asset portfolio, our total assets reached RON 800 million, a 2.5-fold increase. Currently, the company owns 42 geothermal wells. We are determined to become a European leader in geothermal energy. We aim to reduce CO₂ emissions by over 500,000 tons annually, with the potential to exceed 1 million tons.”
Green Tech International S.A. owns one of Europe’s largest portfolios of deep geothermal wells and operates a platform for geothermal energy solutions. In 2024, we worked on the company’s listing project. The company’s vision is to become a leading provider of sustainable energy solutions, supporting the decarbonization of critical EU sectors such as sustainable horticulture, data centers, and district heating.
Our Initial Public Offering (IPO) on the Bucharest Stock Exchange Regulated Market took place in December and valued the company at RON 1,199 million (EUR 241 million).
The company is organizing on the 12th of March 2025, starting at 5:00 PM (Romanian time), the videoconference for the presentation of the preliminary financial results for the year 2024
The videoconference will be held in English, with simultaneous translation into Romanian, using the ZOOM platform.
The stakeholders interested in joining the videoconference are asked to confirm their participation by registering at the following link:
https://us06web.zoom.us/webinar/register/WN_AGWS2N4SQxelersYTGk-wA#/registration
Horia Pitulea
CEO
