Telecoms operator Digi Romania announces that they finalized two export credit loan agreements worth 54.76 million euro with maturity of four years, to expand its networks in Romania and Portugal. "The Company wishes to inform the market that Digi Romania SA has entered into on 27 March 2025 two export credit loan agreements in the principal amount of EUR 54,766,340.98, with a maturity of 4 (four) years from the starting date of each loan (i.e. the starting date of each loan being 30 April 2025 and 30 June 2025, respectively), to be used for the purpose of expanding the telecommunications networks of the Company's subsidiaries in Romania and Portugal," reads a statement sent by the company to the Bucharest Stock Exchange (BVB). In addition, Digi Spain Telecom, S.L.U. and Banco Santander S.A., Banco Bilbao Vizcaya Argentaria S.A., ING Bank N.V., Sucursal en España, as mandated lead arrangers and mandated lead arrangers, and a syndicate of banks acting as original lenders, have signed on 28 March 2025 a credit facility agreement for an amount of €275,000,000, with a maturity of 5 (five) years from the date of the signature of the credit facility. The sums borrowed will be used by DIGI Spain for: a) refinancing of the existing loans on the basis of the credit contract signed on 26 July 2021, as it was amended later; b) financing of the capital expenditures in Spain; c) general corporatist purposes and for working capital. Digi Communications N.V. is the parent company of telecoms operator Digi Romania, the market leader in pay-TV and convergent broadband services in Romania, with operations in Spain, Italy, Portugal and Belgium. Established 30 years ago, the company operates an extensive and advanced fibre optic network in Romania and Spain. Digi Communications N.V. reported consolidated revenues of EUR1.925bn in 2024, up 13.9% year-on-year to EUR540m.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
