Digi Communications N.V.

DB:53N Stock Report

Market Cap: €2.6b

Digi Communications Management

Management criteria checks 3/4

Digi Communications' CEO is Serghei Bulgac, appointed in Jan 2015, has a tenure of 11.17 years. total yearly compensation is €943.53K, comprised of 38.5% salary and 61.5% bonuses, including company stock and options. directly owns 0.49% of the company’s shares, worth €12.98M. The average tenure of the management team and the board of directors is 2.2 years and 9.2 years respectively.

Key information

Serghei Bulgac

Chief executive officer

€943.5k

Total compensation

CEO salary percentage38.54%
CEO tenure11.2yrs
CEO ownership0.5%
Management average tenure2.2yrs
Board average tenure9.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Serghei Bulgac's remuneration changed compared to Digi Communications's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

-€33m

Sep 30 2025n/an/a

€44m

Jun 30 2025n/an/a

€349m

Mar 31 2025n/an/a

€373m

Dec 31 2024€944k€364k

€389m

Sep 30 2024n/an/a

€414m

Jun 30 2024n/an/a

€108m

Mar 31 2024n/an/a

€96m

Dec 31 2023€370k€364k

€85m

Sep 30 2023n/an/a

€57m

Jun 30 2023n/an/a

€66m

Mar 31 2023n/an/a

€66m

Dec 31 2022€377k€364k

€49m

Sep 30 2022n/an/a

€42m

Jun 30 2022n/an/a

€44m

Mar 31 2022n/an/a

€52m

Dec 31 2021€383k€364k

€80m

Sep 30 2021n/an/a

€159m

Jun 30 2021n/an/a

€152m

Mar 31 2021n/an/a

€143m

Dec 31 2020€2m€367k

€58m

Sep 30 2020n/an/a

-€7m

Jun 30 2020n/an/a

-€1m

Mar 31 2020n/an/a

€1m

Dec 31 2019€1m€276k

€38m

Compensation vs Market: Serghei's total compensation ($USD1.10M) is below average for companies of similar size in the German market ($USD2.24M).

Compensation vs Earnings: Serghei's compensation has increased whilst the company is unprofitable.

CEO

Serghei Bulgac (48 yo)

11.2yrs
Tenure
€943,529
Compensation

Mr. Serghei Bulgac serves as the Chief Executive Officer at S.C RCS & RDS S.A. (formerly known as DIGI COMMUNICATIONS N.V). He has been an Executive Director at S.C RCS & RDS S.A. (formerly known as DIGI...

Leadership Team

NamePositionTenureCompensationOwnership
Serghei Bulgac
CEO & Executive Director11.2yrs€943.53k0.49%
€ 13.0m
Valentin Popoviciu
Chief Strategy & Operating Officer and Executive Director2.2yrs€863.69k0.61%
€ 16.0m
Dan Ionita
Chief Financial Officerno datano datano data
Florin Ungureanu
Chief Executive Officer of Digi Italy1.1yrsno datano data
Dragos Chivu
Chief Commercial Officer DIGI Spainno datano datano data
Catalin Neagoe
Deputy Chief Executive Officer of DIGI Spainno datano datano data
Ismael Casero
Chief Technical Officer of DIGI Spainno datano datano data
Carlos Tejedor
Chief Financial Officer of DIGI Spainno datano datano data
Carmen Otelea
Company Secretaryno datano datano data
Eliza Popa
Secretary of the Boardno datano datano data
2.2yrs
Average Tenure
48.5yo
Average Age

Experienced Management: 53N's management team is considered experienced (2.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Serghei Bulgac
CEO & Executive Director9.2yrs€943.53k0.49%
€ 13.0m
Valentin Popoviciu
Chief Strategy & Operating Officer and Executive Director9.2yrs€863.69k0.61%
€ 16.0m
Bogdan Ciobotaru
Independent Non-Executive Director9.2yrs€178.12k0.67%
€ 17.8m
Zoltán Teszári
President of the Board of Directors26.2yrs€222.02k2.38%
€ 63.0m
Marius Varzaru
Non-Executive Vice President of the Board of Directors13.2yrs€2.08mno data
Mihai Dinei
Non-Executive Director of RCS & RDSno datano datano data
Emil Jugaru
Non-Executive Director6.8yrs€255.48kno data
Jose Manuel de Castro
Independent Non-Executive Director1.8yrs€47.76kno data
9.2yrs
Average Tenure
50yo
Average Age

Experienced Board: 53N's board of directors are considered experienced (9.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/07 20:34
End of Day Share Price 2026/03/06 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Digi Communications N.V. is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Maurice PatrickBarclays
Mollie WitcombeCitigroup Inc
Rohit ModiCitigroup Inc