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Danila: If The Monetary Policy Is So Good, Why Is Romania Struggling?
Banks-Insurance

Danila: If The Monetary Policy Is So Good, Why Is Romania Struggling?

After four years during which the Romanian economy has remained under the threat of recession, it would be high time for the central bank to move away from its “wait and see” approach, says...

Neagu Bogdan Mircea · 04.01.2013 · 00:00 · 2 min
Banks-Insurance

Banca Comerciala Carpatica Elects New Supervisory Board Member

Magdalena Manea has been elected member in the supervisory board of Romanian lender Banca Comerciala Carpatica (BCC.RO), the bank said Tuesday.

Ioana Tudor · 18.12.2012 · 14:46 · 1 min
Niels Schnecker Named CFR Managing Board Chairman
Automotive

Niels Schnecker Named CFR Managing Board Chairman

Niels Schnecker has been appointed chairman of the managing board of Romanian state-owned railway operator CFR SA, Transport Minister Ovidiu Silaghi said Wednesday.

Ioana Tudor · 12.12.2012 · 17:51 · 1 min
Alro Slatina Names Marian Nastase As New Board Chairman
Energy

Alro Slatina Names Marian Nastase As New Board Chairman

Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, on Friday appointed Marian Nastase as the new chairman of the Board, and Frank Muller as vice-chairman of th...

Ecaterina Craciun · 07.12.2012 · 18:24 · 1 min
Transgaz Board Chairman Likely To Be Revoked In January
Energy

Transgaz Board Chairman Likely To Be Revoked In January

The shareholders of state-run natural gas transporter Transgaz Medias (TGN.RO) will convene in General Assembly on January 4 to discuss revoking the company’s Board Chairman Victor Alexandru...

Ecaterina Craciun · 05.12.2012 · 11:21 · 1 min
Transelectrica’s General Manager Named Board President
Energy

Transelectrica’s General Manager Named Board President

The general manager of Romanian state-run power grid operator Transelectrica (TEL.RO), Andrei-Gabriel Benghea-Malaies, was named president of the Board of Directors or chief executive office...

Manuela Panescu · 21.11.2012 · 19:35 · 1 min
Capital Market

Sibex Shareholders Elected Four Board Members

The shareholders of Romania’s monetary and commodities exchange Sibex elected Monday four members of the Managing Board, including the former general manager of the Bucharest Bourse Valentin...

Manuela Panescu · 19.11.2012 · 22:27 · 1 min
Tarom’s New Board: Little Experience In Aviation, Politics Not Out Of The Question
Automotive

Tarom’s New Board: Little Experience In Aviation, Politics Not Out Of The Question

Only two of the seven new members of the board of directors of Tarom have experience in the aviation sector, and only one of them worked for a private airline, although the law demands exper...

Neagu Bogdan Mircea · 15.10.2012 · 00:00 · 3 min
Capital Market

Sibex Shareholders To Elect Four Board Members On Nov 19

The shareholders of Romania’s monetary and commodities exchange Sibex will meet on November 19 to elect four members of the Managing Board.

Ioana Tudor · 11.10.2012 · 21:34 · 1 min