05.09.2025

Romania's Competition Council is looking into the transaction by which Metlife, Inc. intends to acquire PineBridge Investments Americas Holdings Limited and, indirectly, Digital Cable Systems S.A. and more

06.04.2024

VLG Ro, a supplier of electrical cables and conductors based in Martinesti, Cluj County, part of the Austrian Meinhart group, posted RON408.6 million (EUR82.6 million) revenue in 2023, down to almost more

01.26.2022

German-held maker of cable systems for the automotive industry and of electrical systems Kromberg & Schubert seeks to hire 50 people for the plant of Nadab, around 40 km away from Arad. more

06.22.2018

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01.24.2018

Romania’s largest independent cable TV provider, which operates under the AKTA brand through two companies – Digital Cable Systems (DCS) and AKTA Telecom, has earmarked EUR10 million for more

12.19.2017

Cable TV provider UPC, one of the largest on local TV, telephony and fixed internet services market, has paid about EUR3 million to buy Eniasan SRL, a smaller cable TV service provider covering more more

05.23.2016

The largest independent cable TV service provider in Romania, which operates under the AKTA brand via two companies – Digital Cable Systems (DCS) and AKTA Telecom, posted 226.13 million lei (EUR50 more

10.02.2015

Cable TV provider UPC has expanded its network coverage by almost 25% (half a million households) in less than three years, after applying a defensive strategy for a number of years during which it more

05.05.2015

The number of TV service subscriptions reached a record high of almost 7 million at the end of last year, 6% more than in 2013. TV service was therefore one of the growth areas in the local more

04.29.2015

RCS&RDS, the largest cable TV and fixed Internet service provider in Romania and a growing presence on the mobile telephony and media markets, wants to take on the energy sector, hoping it will be more

04.24.2015

The largest independent cable TV service provider in Romania, which operates under the AKTA brand via two companies, Digital Cable Systems (DCS) and AKTA Telecom, posted 199.48 million lei (EUR45 more

03.26.2015

RCS&RDS, the leader of the local cable TV market, is still pursuing the aggressive expansion strategy devised by its founder, Oradea entrepreneur Zoltan Teszari. more

02.03.2015

Romanian power grid operator Transelectrica and Italy's Prysmian PowerLink will form a team of experts that will analyze the technical, commercial, financial and legal aspects of the building of an more

01.08.2015

US-Asian investment fund Pinebridge, owner of Digital Cable Systems (AKTA), the biggest independent player on Romania’s cable TV market, reportedly rejected takeover bids of around EUR100 million more

09.02.2014

RCS&RDS, the biggest player on Romania’s cable TV market, continues to buy smaller players in the industry, having gained around 50,000 subscribers through these deals since the beginning of the more

06.04.2014

Cable TV service company RCS&RDS, founded by Oradea businessman Zoltan Teszari, posted a 4% increase in revenue to EUR476 million last year, coming close to the half a billion euro mark, according to more

05.05.2014

Romanian cable maker Romcab Targu-Mures (MCAB.RO), whose shares brought 127% gains to stock market investors in the first four months of 2014, expects 40% higher revenue this year, to a record 652.2 more

04.09.2014

Romanian cable maker Romcab Targu-Mures (MCAB.RO), controlled by businessman Zoltan Prosszer, which several years ago struggled to exit reorganization, boosted revenue by 85% in 2013 alone and reached more

03.18.2014

Romania’s state-run natural gas producer Romgaz (SNG.RO) will postpone a decision regarding its participation in two major energy projects pending further research, Minister-delegate for Energy more

03.18.2014

UK’s Vodafone, which signed deals to buy cable TV operators in Europe worth EUR15.2 billion in the last six months, might take a similar step in Romania to be able to provide integrated fixed, more

01.24.2014

Romania and Turkey on Friday re-launched the idea of building an underwater electric cable between the two countries, saying the current level of electricity prices and the available technology could more

11.06.2013

U.S. group Liberty Global, which owns cable television operator UPC, registered revenues of over $103.6 million in Romania in the first nine months of 2013, up about 7% from $97.1 million in the more

04.16.2013

Things were pretty clear ten years ago: the mobile phone was generally used to make and receive calls and send text messages, and we would watch movies on TV either from a cable service or from a DVD, more

12.04.2012

The number of TV cable subscribers in Romania reached 5.92 million at the end of June, up 2.9% from the end of 2011 and 5.2% compared to the first half of last year, telecom regulator ANCOM said more

11.21.2012

Romtelecom, one of the largest telecom companies on the Romanian market, has launched an unprecedented nationwide campaign, offering free-of-charge analog cable TV services. The offer targets both more