08.04.2011

There are private-sector managers that would be willing to start even tomorrow as chief executives of large state-controlled companies, if they were paid the same salary as in a multinational and more

08.03.2011

Wind Energy Management will invest EUR90 million in a 54W windfarm in Romanian northeastern county of Suceava, company shareholder Virgil Ernest Popovici said Wednesday. more

08.01.2011

Austrian insurance group UNIQA named Florin Golovatic and Remus Lapusan at the helm of its Romanian subsidiaries, UNIQA Asigurari and UNIQA Asigurari de Viata, respectively, the company announced more

08.01.2011

Romania and the International Monetary Fund have agreed on a list of 15 state-owned companies which will be run by private managers, IMF mission head Jeffrey Franks said Monday. more

07.29.2011

Most Romanians who have left their fortunes in the hands of mutual fund managers prefer investments in shares and bonds, but gold is gaining more ground amid fears over the sovereign debt crisis in more

07.27.2011

BCR, the largest bank on the Romanian market, last year paid gross salaries worth a total of EUR1.7 million to a group of seven people in the management team and to people with exceptional more

07.26.2011

State-owned CEC Bank spent 28.8 million lei (EUR6.8 million) on management salaries last year, an increase of 36.5% on 2009. more

07.20.2011

Intesa Sanpaolo Bank Romania on Wednesday said it has appointed Ezio Salvai as chief executive officer, replacing Nicola Calabro who was transferred to another bank within the group. more

07.19.2011

ING Investment Management Romania on Tuesday said it has appointed Adrian Tanase as general manager, starting July 1. more

07.14.2011

e-commerce solutions developer Avangate on Thursday said it has named Carl Theobald as president and chief executive officer, replacing Carmen Sebe, who was appointed chief operating officer, a newly more

07.05.2011

Romanian insurer Allianz-Tiriac Asigurari on Tuesday said it has appointed Daniela Grigore as chief operational officer and Cristian Ionescu as chief financial officer starting July 1. more

07.05.2011

Romanian electronics and IT retailer Flanco appointed Gabriel Peres as sales manager, putting him in charge of the company’s sales policy and the nationwide network of 75 units, the company said more

07.05.2011

Unilever South Central Europe on Tuesday said it has appointed Dan Oprescu as marketing director, replacing Fulvio Guarneri who was promoted as vice-president brand building home and personal care more

07.01.2011

Shareholders of telecom operator Romtelecom decided Friday to appoint Stefanos Theocharopoulos as the company’s chief executive officer, replacing Yorgos Ioannidis. more

06.30.2011

Retailer real,- Hypermarket Romania on Thursday said it has appointed Nicolae Danciu as senior manager for relations with local producers, starting July 1. more

06.30.2011

Rompetrol Well Services (PTR.RO), a unit of Rompetrol group, Friday said it has appointed board chairman Adrian-Ion Stanescu as the new head of the company. more

06.28.2011

The chief executive officer of Romanian telecom operator Romtelecom, Yorgos Ioannidis, will cease his mandate at the helm of the company starting July 1, people close to the matter told MEDIAFAX and more

06.23.2011

Romanian realty developer Oasis Development launched a technical and commercial management division for the retail sector, run by Brigitte Schmitt, former property management chief at DTZ Romania. more

06.20.2011

Romanian insurer Groupama Asigurari appointed Calin Matei as deputy general manager, a position left vacant since 2010, when Sanda Nicoara was promoted as general manager. more

06.20.2011

Insurer Eureko Asigurari appointed Alexandru Leondari as chief commercial officer, replacing Shaun Russell, whose three-year mandate expires at the end of June. more

06.17.2011

The Romanian Finance Ministry decided not to renew the mandate of Mirela Iovu as vice-president of CEC Bank, people close to the matter told MEDIAFAX. more

06.15.2011

Czech logistics projects developer PointPark Properties appointed Stefan Gheorghiu as country manager leading the company’s newly formed Romania office starting June 1. more

06.14.2011

The general manager of Bucharest bourse operator BVB (BVB.RO) resigned Friday from his position as board president at the Central Depository, in compliance with a regulation of securities commission more

06.08.2011

State-held postal company Posta Romana ended last year with a loss of EUR29 million on a turnover of EUR327 million, after posting EUR43 million-loss in the preceding year, according to company more

06.08.2011

Mihai Ghyka, former chief executive of local brewer Bergenbier, becomes number two in mobile operator Vodafone Romania. more