In February 2012, he came back to the helm of the group to renovate and relaunch Bucuresti Mall and Plaza Romania shopping centers, which he had helped develop in his previous stint as manager between 1999 and 2005.
Information first emerged about the potential departure of Ali Ergun Ergen at the end of last year, but now it is official.
“It’s true, I left Anchor Grup since last week,” Ergun, who came to Romania 14 years ago, told ZF. He plans to continue his activity on the Romanian real estate market.
Ergun worked in Romania both for Turkish-held Anchor Grup and for Romanian businessman Gabriel Popoviciu. Together with Popoviciu he developed the commercial area of the Baneasa project in northern Bucharest.
Who takes over from Ergun
The executive management of the real estate company could for the second time be handed over to Murat Kazaz, a manager within FIBA Holding, the owner of Anchor. Kazaz was previously manager of the Anchor Grup from the summer of 2010, when the former CEO Ibrahim Paksoy left the company, until Ali Ergun Ergen came back.
Now Kazaz could be the manager tasked with continuing the renovation and repositioning of Bucuresti Mall and Plaza, for which the Turkish group announced an investment budget of EUR50 million last autumn.
(English version by Daniela Stoican)