01.30.2012

Raiffeisen Asset Management, with over EUR650 million in assets under management, estimates its assets will increase by several tens of million of euros this year, because of fierce competition from more

01.27.2012

Austrian Wienerberger AG, the world’s largest brick maker, has appointed Corneliu Fecioru as the new head of its Romanian business, the company said in a statement Friday. more

01.27.2012

Board members at state-run companies will be chosen by independent human resources experts, the annual and six-month financial reports will be published on corporate websites, as will the salaries of more

01.25.2012

Romanian open-end fund administrator Erste Asset Management, a unit of Austria’s Erste Group Bank (EBS.RO), Wednesday said its net profit more than halved to around EUR300,000 – EUR400,000 in more

01.24.2012

Victor Vevera, personal adviser to Romanian Prime Minister Emil Boc, resigned from the position of chairman of the board at Transelectrica (TEL.RO), operator of the country's power grid, just two days more

01.20.2012

As soon as Romanian lender Banca Transilvania (TLV.RO) announced the resignation of its chief executive officer, the question on everybody’s lips was: why did Robert Rekkers leave? more

01.20.2012

Dutch-registered group Vimetco on Friday announced the appointment of Gheorghe Dobra, head of aluminum refinery Alro Slatina (ALR.RO), as its chief executive officer and member of the board. more

01.20.2012

Romanian lender Banca Transilvania (TLV.RO) Friday announced the resignation of its chief executive officer Robert Rekkers and his temporary replacement with board member Peter Franklin. more

01.18.2012

Developer and constructor AIG/Lincoln, owner of the Lakeview office building in Bucharest, has appointed Mihai Plaesu as commercial director. more

01.18.2012

German retailer Lidl, the latest arrival in the Romanian retail sector, will appoint Maksymilian Braniecki as chief executive of the local store chain, market sources say. more

01.16.2012

Realty developer Willbrook on Monday said it has appointed Raluca Teposu, former head of marketing and sales at GTC Romania, as head of commercial leasing. more

01.12.2012

Austrian lender Erste has recruited Sergiu Manea for a newly created position of executive vice-president for investment banking at Romanian BCR, and the appointment is awaiting the central bank’s more

01.12.2012

Finnish company Nokia, the world’s largest cell phone maker, which has recently closed down its research and development division and the phone manufacturing plant in Cluj, also made in 2011 some more

01.10.2012

Dutch-born Steven van Groningen, who has been president and chief executive officer of Raiffeisen Bank Romania since 2002, has negotiated a new term at the helm of Raiffeisen's local subsidiary with more

01.09.2012

Romania’s energy regulator ANRE will be run by a president and a vice-president, which will be appointed by the head of state, at the proposition of the prime minister, according to a draft law more

01.09.2012

Shareholders of Bucharest bourse operator BVB (BVB.RO) on Monday appointed Lucian Anghel as Chairman of the Board. more

01.09.2012

Dairy processor Danone Romania on Monday said it has appointed Anca Stroe as marketing director and member of the Board of Directors. more

01.09.2012

Romanian private healthcare service provider Regina Maria named Ionut Patrahau, former deputy general manager of Banca Transilvania (TLV.RO), as its new chief executive officer. more

01.06.2012

The managing board of the Bucharest bourse operator BVB (BVB.RO) decided to discuss the introduction of a dualist management system during the shareholder meeting when the results for 2011 are more

01.04.2012

Romanian oil company OMV Petrom (SNP.RO) on Wednesday announced the appointment of Gerald Kappes as interim member of the Supervisory Board, replacing Werner Auli who resigned citing health reasons. more

12.27.2011

2011 is ending with several announcements regarding the top management teams of the top two Romanian banks – BCR and BRD, as well as with rumors and speculations concerning prospective new moves on more

12.23.2011

Authorities and the International Monetary Fund agreed to remove electricity distributor Electrica SA from the list of companies to receive private management. more

12.23.2011

The Economy Ministry extended until January 20, 2012, the deadline by which head hunters may bid in the auction for the selection of private management at state-owned companies. more

12.20.2011

The shareholders of insurer Eureko Asigurari de Viata have decided to create a new deputy general position, which will be held by current chief commercial officer Alexandru Leondari. more

12.19.2011

Coca-Cola Hellenic Bottling Company on Monday announced the appointment of Michalis Imellos as chief financial officer, replacing Robert Murray who will resign starting 2012. more