Andreea will be supervising the company’s operations in Romania and coordinating the development activity, being in charge of drafting the short-, medium- and long-term business plan and growing the existing business segments.
“The decision to have Andreea Mihai on our team came at a time when the company finds itself in a continuous phase of growth and development. Her extensive experience in executive management complements our vision and the ambitious plans we have for Romania,” stated Yithzak Hagag, Co-founder and shareholder of Hagag Development Europe.
Throughout her professional career, Andreea Mihai has worked in complex business ecosystems, optimized the growth premises for some of the largest top ten international companies operating on the Romanian market, including during the 2008 economic crisis, and actively participated in two important M&A transactions, from planning to completion.
Andreea Mihai had worked for Carrefour for 17 years, from 2000 to 2017, holding various management positions. Later on, she filled the position of Marketing&Ecommerce Director with Leroy Merlin Romania, Executive Director with Niro Investment Group and consultant.
Her co-optation as the CEO of Hagag Development Europe comes in the context of the company’s accelerated strategic investments both in Bucharest and across other cities in Romania.
“I am honoured to join a company with such exceptional results, which develops unique projects in Romania and whose business model is a benchmark for the real estate market, as well as for the sustainable development of urban ecosystems. Moreover, I am delighted to see that I share a common vision with the entire team of Hagag Development Europe and this is something that gives me the trust that together we can develop new outstanding projects that will meet even the most demanding requirements, while accelerating the company’s growth rate across all business segments,” stated Andreea Mihai, CEO Hagag Development Europe.
With more than 20 years of experience in executive management, Andreea graduated from the Romanian-French Executive MBA Program – a partnership between the National Institute of Economic Development – ASE and CNAM Paris. She holds a Master’s degree in Business Administration with the Academy of Economic Studies in Bucharest (ASE), an academic degree issued by the Faculty of Economics and Social Administration within the University of Bordeaux Montesquieu IV (France), and is licensed in Business Management with the Academy of Economic Studies in Bucharest.
HAGAG Development Europe specializes in residential and retail projects in Romania. The company is engrossed in the acquisition, development and renovation of buildings and projects located in Bucharest’s premium areas.
Hagag Development Europe is the most active player on the local market as regards restoring and consolidating old and historical buildings and converting them into state-of-the-art office spaces or luxury residences.