The change was operated in October, the group said in a statement.

Hasan Ali Yardimci joined the Turkish group in 2009, as Director of Strategic Planning and Business Development.

Arctic employs over 2,500 people and reported a turnover of EUR284 million in 2013.

According to the company’s data, Arctic has a 35% market share in Romania, while exports account for over 75% of total sales.