Businessman Zoltan Teszari, 38, holds the controlling interests in telecom operator RCS&RDS, 43.01%, with the shares owned either directly or indirectly through two other companies (RCS Management and Cable Communications Systems N.V.).
Information was first made public in the issue prospectus prepared by RCS&RDS for floatation on the London Stock Exchange, an operation that was cancelled at the end of November last year because of unfavourable conditions on the international financial markets.
The operator had planned to raise 500 million dollars (354 million euros) from the sale of a stake accounting for 15% of its capital, which would therefore have put the value of the operator at 2.5 billion euros.
Prior to these data, the only official information available was that Teszari held 2.03% directly in RCS&RDS. Zoltan Teszari is one of the lowest-profile businessmen in Romania. He has never given interviews and avoids public appearances. To avoid having his photo taken, he attends RCS&RDS shareholder meetings via a videoconferencing system.
RCS&RDS also has a low-profile communication strategy, as the officials of the operator only appear in public a few times a year - usually during the annual event organised by the Cable Operators Association and during the Communications Day seminar organised as part of the CERF IT&C fair.
RCS&RDS' public figure is Alexandru Oprea, the general manager of the company, who usually represents the operator at such events.
According to the data in the issue prospectus, after Quadrant and EPIC funds, which own 20.23% and 5.48% in RCS&RDS, the biggest shareholders of the operator are Sfetozar Bugarski (4.41%), Nicusor Dorel Sebastian (4.26%) and Ioan Bendei (3.14%).
Three more people that are part of the RCS&RDS management own small interests of 1% in the company each, while a number of other sha
