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ING Romania CEO: People Who Took Out Loans Under First Home Program More Vulnerable To Interest Hike
Banks-Insurance

ING Romania CEO: People Who Took Out Loans Under First Home Program More Vulnerable To Interest Hike

People who borrowed money to buy a home under government-guaranteed mortgage lending First Home program are more vulnerable to a potential interest hike in the future compared with those who...

Gabriela Stan · 09.03.2017 · 14:19 · 1 min
ArcelorMittal Galati CEO: Even With 2 Million Tons Of A Steel A Year We’re Too Big For Romania
Companies

ArcelorMittal Galati CEO: Even With 2 Million Tons Of A Steel A Year We’re Too Big For Romania

ArcelorMittal Galati, the largest steel mill in Romania, last year kept production at 2 million tons a year, the same as in the previous two years and its chief executive hopes to be able to...

Loredana Frățilă-Cristescu · 17.02.2017 · 00:00 · 1 min
Stephane Batoux Leaves Albalact Two And Half Years Into His Term
Capital Market

Stephane Batoux Leaves Albalact Two And Half Years Into His Term

Stephane Batoux, the French executive who took the reins of Albalact, the largest local dairy producer, in 2014, will leave the company at the end of March.

Loredana Frățilă-Cristescu · 16.02.2017 · 00:00 · 1 min
Telekom CEO Expects Huge Demand For Mobile Data And Digital Content
Technology &Telecoms

Telekom CEO Expects Huge Demand For Mobile Data And Digital Content

The number of smartphone users in Romania will go up by several million over the next two years, and reach 80% of the total mobile telephony services customers from the current 60%. This wil...

Loredana Frățilă-Cristescu · 07.02.2017 · 11:00 · 1 min
Central Bank Approves Appointment Of Francois Bloch As CEO Of BRD - Groupe Societe Generale
Banks-Insurance

Central Bank Approves Appointment Of Francois Bloch As CEO Of BRD - Groupe Societe Generale

Romania’s central bank has approved the appointment of Francois Bloch as Chief Executive Officer (CEO) of BRD - Groupe Societe Generale.

Ecaterina Craciun · 22.12.2016 · 13:14 · 1 min
Ten Of Top 50 Companies In Romania Got New CEOs In 2016
HR

Ten Of Top 50 Companies In Romania Got New CEOs In 2016

Automobile Dacia, the largest company in Romania by revenue, telecom operators Orange and Telekom, Metro Cash & Carry, Hungarian-held oil group MOL, all of them with more than one billion eu...

Loredana Frățilă-Cristescu · 13.12.2016 · 10:00 · 1 min
New Orange CEO: We’re Pursuing Significant Fixed Service Segment Expansion
Technology &Telecoms

New Orange CEO: We’re Pursuing Significant Fixed Service Segment Expansion

Orange’s strategic goal for Romania is expansion from mobile telephony, a segment it has dominated for more than 12 years, to the new segment of fixed-mobile communications packages, which i...

Loredana Frățilă-Cristescu · 10.10.2016 · 10:00 · 2 min
Turkish Group Arcelik Names New Arctic CEO
Companies

Turkish Group Arcelik Names New Arctic CEO

Household appliance maker Arctic, part of Turkish group Arcelik, named a new CEO, Nihat Bayız, who will replace Hasan Ali Yardimci, promoted as Beko USA president after a two-year mandate.

Gabriela Stan · 27.09.2016 · 13:02 · 1 min
Philippe Lhotte, BRD SocGen CEO: I Think Only 10-12 Major Banks Will Remain In Romania
Banks-Insurance

Philippe Lhotte, BRD SocGen CEO: I Think Only 10-12 Major Banks Will Remain In Romania

French executive Philippe Lhotte, who took the reins of BRD-SocGen in the fall of 2012 and is now preparing to turn the bank over to new the chief executive announced François Bloch, expects...

Loredana Frățilă-Cristescu · 22.09.2016 · 00:00 · 2 min