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%).
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.