Romania’s National Anticorruption Directorate (DNA) has accused RCS&RDS (Digi) of money laundering and bribery.
RCS&RDS’s parent company Digi Communications has raised €210 million in an IPON on the Bucharest Stock Exchange.
Romania’s National Anticorruption Directorate (DNA) is investigating a number of officials from RCS&RDS (Digi).
Romania’s RCS&RDS (Digi) has launched a private equity offer that values the company at between €782 million and €1.2 billion.
Romania’s RCS&RDS (Digi) is set to be fined due to a dispute with the incumbent Telekom Romania.
Romania’s RCS&RDS (Digi) ended 2016 with a net debt of €758 million, or 15% more than a year earlier.
Romania’s Digi has announced plans to launch an IPO on the Bucharest Stock Exchange in May.
Romania’s leading pay-TV operator RCS&RDS attracted more mobile customers from other companies than other providers in the first three months of this year.
RCS&RDS (Digi) plans to invest the same amount (€210 million) this year as in 2016, according to Serghei Bulgac, the company’s CEO and chairman of the board of directors.
RCS&RDS (Digi) is preparing for a listing on the Bucharest Stock Exchange, with investors set to sell 20-30% of shares in the company.