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.
Interim president Ilie Bolojan has convened the Supreme Council of National Defense on Wednesday, April 30, to discuss essential defense topics such as Romania’s participation in the ReArm Europe Plan/Readiness 2030, the draft Law on National Defense of Romania, and the National Plan on Military Mobility. Other topics concern the draft Law on certain measures […]
The photography exhibition World Unseen, which allows both blind and sighted visitors to experience images through touch and sound, is opening its doors in Iași after attracting over 100,000 visitors in Bucharest. Hosted at the Palace of Culture, the exhibition will be on display from April 29 to July 29. Organized by Canon Romania in […]
Brașov-Ghimbav International Airport in central Romania recorded a total of 56,897 passengers in the first quarter of this year, more than double the number from the same period in 2024, when 27,885 travelers were registered. According to statistics published by the Romanian Airports Association, the Brașov-Ghimbav Airport has returned to 9th place in the national […]
DAAS Epta Romania, part of the international Epta group, is set to open the first Training Center for refrigeration technicians in the country with an EUR 500,000 investment. The company also announced the accelerated expansion of the remote monitoring service center, or TLM. The Training Center is a pilot project developed based on the model […]
Knauf Insulation, part of the Knauf Group, has invested EUR 140 mln in state-of-the-art production facilities and brought together world-class expertise to transform the Târnăveni plant in Romania into the most technologically advanced facility in Central Eastern Europe. Industrial services provider Bilfinger has played a significant role in the project by undertaking a comprehensive range […]
The seventh edition of Neversea, one of Europe’s largest beach music festivals, will not take place in 2025, the organizers announced. The event is now scheduled to return in 2026 in Constanța, Romania, after challenges in securing a suitable beach venue. Organizers from Untold Universe explained in a press release that they were unable to […]
