Digi Group secures major credit facilities for European expansion

Business Forum
Public telecom company Digi Communications has secured substantial financing facilities to bolster its operations in Romania, Portugal, and Spain.

According to a recent report, Digi Romania, the company's Romanian subsidiary, has obtained two export credit facilities worth a combined €54.7 million, with a maturity of 4 years. The funds will back the expansion of telecom networks in Romania and Portugal.

In a parallel move, Digi Spain Telecom, the Spanish subsidiary, has signed a credit facility agreement for €275 million. This agreement, involving Banco Santander, Banco Bilbao Vizcaya Argentaria, ING Bank, Sucursal en España, and a syndicate of banks, has a tenor of five years. 

The funds are designated for refinancing existing facilities, capital expenditure in Spain, and general corporate and working capital needs.

The financing agreements underscore Digi's focus on growth and development across key European markets. 

RECOMMENDED
Digi Communications reports 16% revenue growth on nine months
Industry

Digi Communications reports 16% revenue growth on nine months

Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.

RECOMMENDED FROM THE HOME PAGE
Hidroelectrica posts 122% profit surge in Q1 2026
Energy

Hidroelectrica posts 122% profit surge in Q1 2026

Romanian energy giant Hidroelectrica recorded a net profit of €263 million in the first quarter of 2026, marking a 122% increase compared to same period last year, according to a report submitted to the BVB.

Industry

Digi Communications reports 10% revenue growth in Q1 2026

Digi Communications reported consolidated revenues of €583 million in Q1 2026, a 10% year-on-year increase. At the same time, adjusted EBITDA (excluding IFRS 16 impact) reached €161.2 million, up 15% compared to Q1 2025.

Industry

Uber launches hotel bookings and AI voice features

Uber Technologies announced new products and features at its annual Go-Get product event, including hotel bookings and travel tools that are planned to roll out globally in the coming months.

READ MORE
Business Forum  |  15 May, 2026 at 7:30 PM
Business Forum  |  15 May, 2026 at 6:30 PM