Tag Archives: Romanian National Anticorruption Directorate

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The Bucharest Court of Appeal acquitted Digi Romania S.A., its current and former directors, and all other defendants in a long-running criminal case investigated by Romania’s National Anticorruption Directorate

BUCHAREST, Romania, 25-Nov-2025 — /EuropaWire/ — Digi Communications N.V. (“DIGI”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, informs the market that on 25 November 2025, the Bucharest Court of Appeal issued a decision acquitting Digi Romania S.A. (the Company’s subsidiary in Romania – “Digi Romania”), its current and former directors, as well as the other parties involved in the criminal case which was the subject matter of the investigation conducted by the Romanian National Anticorruption Directorate (“DNA”), about which we informed the market in the initial public offering prospectus dated 26 April 2017, as well as in the subsequent public reports. The court found that all defendants must be acquitted, as the criminal acts they had been accused of do not exist. At the same time, the court ordered the termination of the seizure measure initially imposed by the DNA on Digi Romania’s assets.

The Company has consistently stated that the accusations brought against it were unfounded and the court’s decision confirms the Company’s constant position regarding this litigation.

The decision of the Bucharest Court of Appeal is not final, as it was issued at first instance upon retrial.

About Digi Communications N.V.

We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire

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The Bucharest Court of Appeal quashed the Bucharest Tribunal decision against RCS & RDS S.A.

BUCHAREST, Romania, 1-Nov-2021 — /EPR FINANCIAL NEWS/ — In connection with the investigation triggered by the Romanian National Anti-Corruption Directorate (“DNA”), which we have previously disclosed to the market and to our investors in the initial public offering prospectus dated 26 April 2017, in the supplemental prospectus dated 8 May 2017, as well as in the subsequent public reports, the Company would like to inform its investors and the market that, based on the information published on the official platform of the court on November, 1, 2021, the Bucharest Court of Appeal granted, amongst other appeals, the appeals of RCS&RDS S.A., Integrasoft S.R.L. and of certain directors.

The Court of Appeal quashed the decision of the Bucharest Tribunal from January, 15, 2019 in its entirety. The judgement is final and no remedy against this decision is admissible at this point.

The file will be sent for retrial, to the competent court, which is the Bucharest Court of Appeal, starting with the procedure of the preliminary chamber.

As we stated since the beginning of this investigation, it is our firm belief that RCS&RDS S.A., Integrasoft S.R.L. and their current and former officers have acted appropriately and in compliance with the laws. We have faith in the Romanian legal system and in a correct solution in this case following its retrial by the competent court.

SOURCE: EuropaWire