“I like retail and have a tremendous affinity for the local brands,” Dragos Dinu told ZF.
Dinu became a member of Domo’s board of directors on October 1, after having worked as a consultant for the healthcare industry.
Dragos Dinu made a name for himself in the pharmaceutical industry where he served as chief executive officer of A&D Pharma for six years, the largest local pharmaceutical group. He worked for A&D Pharma for thirteen years. When he decided to leave, Dinu was running a business listed on the London Stock Exchange, whose revenue stood at half a billion euros and which had become the market leader during his term in office.
Now that he joined Domo, Dinu is working in computer and electronics retail, which is a free and highly competitive market unlike the largely government regulated pharmaceutical market.
“I couldn’t work in pharmaceutical retail (A&D Pharma also owns the Sensiblu retail pharmacy chain i.e.) any more (…). Nothing can be more interesting and complicated than the interface with consumers, ” Dragos Dinu added.
Domo began operations in 1994 and its founders include Lorand Szarvadi, who stayed on board as its CEO.
Domo is the second largest retailer in its line of business by 2011 sales and has 100 stores throughout the country. It posted EUR165 million sales in 2011.
(English version by Loredana Fratila-Cristescu)