CHANGES
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Al Dahra for ZF: We Will Discontinue Third-Party Trading Activities of Grains and Oilseeds and Focus on Commercializing Al Dahra Own Products
Al Dahra Holding, a UAE group that in Romania controls Agricost, Europe’s largest farm, says it is implementing strategic changes within its grains division.
Nuclearelectrica Makes Changes to Its Management Structure
Nuclearelectrica (SNN.RO), Romania's only nuclear power producer and the state-owned company with the best-performing shares on the Bucharest Stock Exchange in recent years, announced Tuesda...
Profi Deputy CEO Says Coronavirus-led Crisis Will Bring Changes To Romanian Retail Sector
Calin Costinas, deputy CEO of grocery retail chain Profi, said the crisis caused by the new coronavirus will bring changes to the Romanian retail sector, from changes in consumer behavior to...
Transelectrica Changes Its Directorate Members, Appoints Marius Carasol As CEO
The Supervisory Board of Romanian state-run power grid operator Transelectrica (TEL.RO) has decided, at its meeting on Friday (Dec 21), to revoke the four members of the Directorate and appo...
Business Sector To Govt: New Taxes Cause Shock and Chaos in the Economy. Stop!
The business sector had a very harsh reaction to the government’s proposed new taxes in banking, energy and telecom sectors, asking it to stop. The Bucharest Stock Exchange lost 11% and fell...
Government Wreaks Havoc In Business Sector With Proposed Tax Changes
Tension between government and the business sector is mounting alarmingly fast after the Finance Ministry announced significant changes of the fiscal legislation at the end of last week: 1%...
How Top Ten Bank Ranking Changed In A Decade
The top ten ranking of local banks that account for almost 83% of the local assets, has seen significant changes in the past decade, as lenders with a lower market share in 2007 have grown f...
CEZ Distributie Has New Management Starting February
CEZ Distributie, owned by Czech utility group CEZ, will have a new management team, starting February, after appointing Ion Dobrescu as Chairman of the Executive Board and Eugen Butoarca as...
BCR’s Retail Network Head May Take Over As Executive VP For Retail & Private Banking
Dana Demetrian, director of retail network management at Banca Comerciala Romana (BCR), may be appointed to the position of Executive Board member responsible for Retail & Private Banking, r...