Finance | 31 March, 2025 at 6:01 AM
Digi Group secures major credit facilities for European expansion
Public telecom company Digi Communications has secured substantial financing facilities to bolster its operations.
Public telecom company Digi Communications has secured substantial financing facilities to bolster its operations.
Digi Communications consolidated revenues increased 14.2% year-on-year in Q4 2024, reaching €516 million.
Digi Communications consolidated revenues and other income in Q3 2024 increased 13.6% YOY, reaching €492.5 million, resulting in €1.414 billion in revenues generated in 9M 2024.
Digi Communications consolidated revenues increased 13.4% yoy in Q2 2024, reaching €474.7 million, resulting in €921.3 million in revenues generated in 6M 2024 (+13%).
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.