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.
Romanians living abroad are the first to cast their ballots in the second round of the 2025 presidential election, with voting officially starting on Thursday, May 15, at 22:00 Romanian time, when the polling station in Auckland, New Zealand, opens its doors, the electoral authority
The Fortified Church of Apold, in central Romania’s Mureş county, will open on May 17 for a performative evening that is meant to transform the historical site into a lively space, CasApold Association, the organizers of the event, announced. The program of the evening includes community interventions, live music, candlelight tours, art installations and the […]
The weekend of the presidential elections run-off brings film and design festivals, the crowd-pleaser Night of Museums, and a Festival of Pirates in the Danube Delta.
Loud screens and noise stress young children and affect their development Sound pollution in Romanian homes affects children's learning, play, and sleep, who are more vulnerable to noise than adults Studies show that children exposed to TV for 2 hours daily are 6 times more likely to experience language development delays Renowned doctor: Experiences actually […]
Estonian cinema will take center stage at the 24th edition of the Transilvania International Film Festival (TIFF) in the Focus Estonia program, presenting a curated selection featuring both recent releases and rediscovered classics, screened in restored versions. Among the films to be screened is Moonika Siimets' The Black Hole (2024), a dark sci-fi comedy inspired […]
The ITH Group, which includes the portals Vola.ro, Fru.pl, and GoVola.com and operates in Romania, Poland, and Bulgaria, announced the direct integration of LOT Polish Airlines flights into its own platforms. The collaboration strengthens the group’s position as a regional leader in flight ticket distribution, according to its press release. This will be achieved through […]
