From his new position, Lucian Penes will be coordinating the alignment of the company’s strategy with the principles of financial profitability, improving the financial processes to ensure business continuity and aligning them with the company’s operational needs.
“I am happy to contribute, through this role, to the development strategy of the company, which is the most important electricity distribution operator in Romania”, said Lucian Penes, CFO of DEER.
Lucian Penes has held top management positions in major companies, nationally and internationally, gaining expertise in financial management, reporting and financial-accounting analysis, as well as financial consulting.
DEER is the leading national electricity distribution operator, covering 18 counties, from three geographical areas, representing 40.7% of Romania’s territory.
The company operates in the counties of Alba, Bihor, Bistrița-Nasaud, Brasov, Braila, Buzau, Cluj, Covasna, Dambovița, Galati, Harghita, Maramures, Mures, Prahova, Satu Mare, Sibiu, Salaj and Vrancea, offering services for over 3.8 million users, through a distribution network of about 201,082 kilometers.