MANAGEMENT
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Romania Central Bank OKs RIB’s Management Structure
The Romanian central bank has approved the new management structure of the Romanian International Bank (RIB), a unit of Polish financial group Getin Holding, RIB said in a statement Wednesda...
Romgaz's Board, Executive Managers To Receive Variable Pay Based On Share Performance
Romania’s Energy Department and investment fund Fondul Proprietatea (FP.RO), the two largest shareholders in natural gas producer Romgaz SA (SNG.RO), propose the company’s board of directors...
BRCI Authorized To Expand Supervisory Council Roster
The Romanian central bank has authorized the recently created bank Banca Romana de Credite si Investitii, or BRCI, to increase the membership of its Supervisory Council to five people from t...
Private Sector Manager Blames Politicians For Recent Management Changes At Several State Companies
Something that should have helped state-owned companies achieve efficiency, the ‘Private sector CEO for state-run companies” project, turned out to be just an instrument for political interf...
Three Major State Companies Face Big Management Problems
Only one month from his appointment as general manager of freight rail carrier CFR Marfa, Dan Valentin Belcea, the second private sector manager of the state-owned company announced his resi...
Romanian Heading PepsiCo Russia: We Plan To Reach 70 Million Clients Daily
Silviu Popovici, who is running PepsiCo’s around $5 billion business in Russia for a year and a half, says he will return to Romania in 5-10 years, but does not rule out his taking over the...
Intesa Sanpaolo Bank Romania’s Deputy GM Ended Term In Late April
Intesa Sanpaolo Bank Romania’s deputy general manager, Ioan Mihail Anca, who also filled the position of chief workout officer (CWO), ended her term in late April and left the bank to pursue...
Chiritoiu Remains Antitrust Watchdog Chief Until New Appointment
Bogdan Chiritoiu remains president of Romania’s Competition Council until the appointment of a new head.
Hidroelectrica Gets Two New Directors Starting May 5
Euro Insol, legal administrator for Romania's state-run hydropower producer Hidroelectrica, has appointed two new directors at the company starting May 5.