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October 10, 2015 7:49 AM ET


Company Overview of S.C. RCS & RDS S.A.

Company Overview

S.C. RCS & RDS S.A. provides pay-TV and communications services in Romania and Hungary. It offers cable and digital television, Internet, and fixed-line telephony services. The company provides Internet access and data communications through fiber optics, coaxial cable, fixed wireless technology, and dial-up connections in Romania, Slovakia, Hungary, and Czech Republic. It also offers prepaid and postpaid telephony services; and Digi Storage service that enables users to store, share, and organize personal data, such as images, videos, songs, files, and contacts or meeting calendars in the cloud. S.C. RCS & RDS S.A. was formerly known as Romanian Cable Systems S.A. and changed its name to S....

Str. Doctor Staicovici, Nr 75

Forum 2000 Building

Faza I, Etaj 2

Sector 5

Bucharest,  050557


Founded in 1994


40 31 400 4400


40 31 400 4441

Key Executives for S.C. RCS & RDS S.A.

Compensation as of Fiscal Year 2015.

S.C. RCS & RDS S.A. Key Developments

RCS & RDS Announces Cessation of Alexandru Oprea as CEO and Chairman

RCS & RDS announced that, starting on April 14, 2015, Mr. Alexandru Oprea, CEO and Chairman of the Board RCS & RDS, cease cooperation with the company, after 18 years of operation. Mr. Alexandru Oprea made significant contribution in positioning the company as a strong player in the telecommunications market in Romania, but also an important media group consists of nine television.

RCS&RDS Opens New Digi Store in Bucharest

RCS&RDS opened Bucharest's Digi branded 8th store. The new store is located on the Iuliu Maniu boulevard. Over a period of one year, the operator opened over 40 Digi stores in Bucharest, Oradea, Constanta, Galati, Cluj, Timisoara, Targu Jiu, Pitesti, Craiova, Targu Mures, Arad, Sibiu, and Iasi. The new Digi stores present a new and innovative concept. The opening of the new stores is part of the transition of RCS&RDS' products and services towards the Digi brand. RCS&RDS will gradually modernise and integrate its new store presentation concept at over 300 points of presence across the country.

RCS & RDS In Talks With Enel To Acquire Electricity Distribution And Supply Unit In Banat

RCS & RDS S.A. is in negotiations with Enel SpA (BIT:ENEL) to buy electricity distribution and supply unit in the Banat area. “More companies are in talks with Enel for its Romania assets. For Banat, there are negotiations with telecom group RCS & RDS, but also with the Romanian electricity distributor Electrica, which is interested in all of Enel’s units in Romania,” according to Economica sources.

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