This departure from the helm of the regional operations of GE comes at one of the most delicate moments for the US giant, whose stocks and energy business plunged.

Before going into the business sector, Cristian Colteanu gained experience as a diplomat, having served as Romania’s ambassador to Italy in 2003-2007, and state secretary with the Foreign Affairs Ministry in 2000-2003.

“Cristian Colteanu, president of GE Romania, Bulgaria and Republic of Moldova, in mid-December 2017 announced plans to pursue a career outside General Electric as of January 1, 2018,” says Peter Stracar, president and CEO of GE Europe.

Colteanu’s position no longer exists after his departure and the entities he supervised would report directly to the group.

(English version by Loredana Fratila-Cristescu)