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.
Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project. A young person will be able to establish or acquire […]
Developer Skanska has signed an agreement to sell the first phase of the Bucharest office complex Equilibrium to Gordiusz Private Equity Fund, managed by Gránit Asset Management. The transaction value amounts to EUR 52 million. The Equilibrium office complex consists of two buildings in the business district Floreasca – Barbu Vacarescu. The first phase, which […]
This year's edition of the George Enescu International Festival, the largest classical music event in the country, will feature performances from some of the top sopranos and mezzo-sopranos of the moment. Among them are Asmik Grigorian, Sonya Yoncheva, Kristine Opolais, Magdalena Kožená, Julia Lezhneva, Sarah Aristidou, Jennifer Holloway, Aylin Perez, Elsa Dreisig, Rachel Willis-Sørensen, Ruxandra […]
Globinvest, an asset management company from Cluj-Napoca, is set to launch an exchange-traded fund, or ETF, grouping together companies in the energy sector and several financial companies. Globinvest, a company with 30 years of experience on the Romanian capital market, will list the new entity on April 28 under the symbol GIBEFETF. Ilie Cenan, Chairman […]
Cyberhaven, an AI-powered data security provider founded by three Romanians and two Ukrainian citizens, recently announced that it has attracted a USD 100 million Series D funding led by StepStone Group along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth. The funding pushes the valuation of the company to USD […]
The electoral campaign for the presidential elections began on Friday, April 4, at midnight, with most of the candidates posting on social media within the first minutes. Far-right candidate George Simion, credited with the first shot at winning the first round according to the latest surveys, began the election campaign alongside his wife and supporters, […]
