Romanian cableco Romania Cable Systems (RCS&RDS), one of the country’s dominant broadband providers, has confirmed a number of minor changes to its ownership structure, Ziarul Financiar (ZF) reports. Quoting a statement provided by RCS&RDS to the country’s National Audiovisual Council (CNA), ZF notes that enigmatic owner Zoltan Teszari has reduced his direct stake in the telco from 2.02% to 1.77%, whilst two other shareholders, Ghiman Ovid and Valentin Popoviciu, have both relinquished their stakes in the firm altogether. Despite Teszari’s move, he remains the controlling shareholder through his ownership of the Dutch-registered company Cable Communications Systems NV, which holds an 88.54% stake in RCS&RDS Teszari owns a 59.23% stake in the Dutch-registered firm through a company named RCS Management.
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