ZF English

Teszari gets 2m-euro dividends from RCS Management

11.07.2008, 19:42 6

Businessman Zoltan Teszari, 38, will collect dividends worth 2m euros from the income generated by RCS Management, one of the vehicles through which RCS&RDS, one of Romania's biggest telecom operators, with 500m dollars in turnover in 2007, is controlled. RCS&RDS has an elaborate shareholder structure, which includes several individuals and RCS Management and Cable Communications NV (Netherlands) companies. According to the Official Gazette data, RCS Management reached income worth 11.45m RON (3.43m euros) in 2007, of which 11.17m RON (3.13m euros) will be distributed to shareholders in dividends.

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