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Rcs & Rds SA (Romania)

Main Activities: Telecommunications | Wired Telecommunications Carriers | Data Processing, Hosting, and Related Services
Full name: Rcs & Rds SA Profile Updated: February 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

RCS&RDS is one of the largest Romanian and Eastern European telecoms, offering nation wide satellite television, cable television, cable internet, VOIP, and 3G services. In November 1998, the first cable network in Budapest was bought, today having the 3rd place on the Hungarian cable operators market. In 1998 Romania Data Systems (RDS) is set up, specialized on data transmissions and Internet. In April 2002 - TotalNet, internet services operator, was acquired. In December 2004, it launches the first digital television service in Romania (Digi TV). In 2006 - the digital Tv through cable, Digi Cablu, is launched. The company, which is based in Bucharest, Romania, was formed in April 2005 by the de jure merger of Romania Cable Systems (RCS) and Romania Data Systems (RDS). The companies were under the same ownership from the very beginning and operating de facto as a single unit long before that. RCS & RDS also operates two mobile virtual networks over Movistar in Spain and 3 in Italy for the Romanians living in these countries. In February 2011 RCS & RDS launched mobile internet service in Hungary under the Digi Move brand. This service is run over Telenor Hungaryʼs infrastructure.

Headquarters
Strada Dr. Staicovici Nr. 75
Bucharest; Bucharest;

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 28, 1994
Key Executives
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Director
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Administrator
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Administrator
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Administrator
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Administrator
Ownership Details
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93.5755%
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6.4244%
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0.0001%
Subsidiaries
Integrasoft SRL
100%
Delalina SRL
99.9999%
Foto Distributie SRL
99.999%
Company Performance
Financial values in the chart are available after Rcs & Rds SA report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net sales revenue
4.35%
Total operating revenue
7.22%
Operating profit (EBIT)
-19.58%
EBITDA
0.15%
Net Profit (Loss) for the Period
163.1%
Total assets
3.22%
Total equity
81.25%
Operating Profit Margin (ROS)
-4.62%
Net Profit Margin
16.66%
Return on Equity (ROE)
15.04%
Debt to Equity Ratio
-213.53%
Quick Ratio
0.42%
Cash Ratio
0.37%

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