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MANAGEMENT

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BCR BpL President Steps Down
Banks-Insurance

BCR BpL President Steps Down

Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) Friday said Alexandru Ciobanu has resigned from his position of president of the Board, his duties being taken over by the other...

Manuela Panescu · 14.09.2012 · 15:03 · 1 min
Renault Appoints New Manager To Romanian Factory
Automotive

Renault Appoints New Manager To Romanian Factory

Renault has appointed Cornel Olendraru to replace Jacques Eudeline as general manager of Uzina Mecanica si Sasiuri Dacia (UMCD), one of the group's factories in Romania.

Radu Bostan · 03.09.2012 · 15:32 · 1 min
Romania To Appoint Private Managers At Key State-Owned Companies By Yearend
HR

Romania To Appoint Private Managers At Key State-Owned Companies By Yearend

Romania’s Government and the International Monetary Fund have set new deadlines to appoint private managers at multiple state-owned companies, such as gas producer Romgaz, natural gas transp...

Ioana Tudor · 23.08.2012 · 13:23 · 2 min
ZF Expert: Stop The Bad Management At State-Run Companies, By Any Means Necessary!
Capital Market

ZF Expert: Stop The Bad Management At State-Run Companies, By Any Means Necessary!

The Government needs to stop the faulty management at state-owned companies, by any means necessary– insolvency, privatization or private management. It is outrageous for companies with turn...

Ecaterina Craciun · 23.08.2012 · 11:00 · 3 min
Hidroelectrica Administrator: Bad Management Widespread In State-Owned Companies
Energy

Hidroelectrica Administrator: Bad Management Widespread In State-Owned Companies

Hydropower producer Hidroelectrica, which filed for insolvency on June 20, is not the only Romanian state-owned enterprise plagued by bad management, as many of the companies controlled by t...

Radu Bostan · 22.08.2012 · 16:10 · 1 min
Stephen Stead On Labormed: After We Tripled Sales, We Defended The Company Against Market Challenges
Health

Stephen Stead On Labormed: After We Tripled Sales, We Defended The Company Against Market Challenges

Stephen Stead, the British executive who abruptly stepped down as manager of pharmaceutical manufacturer Labormed two weeks ago, talked for the first time about the reasons behind his decisi...

Radu Bostan · 21.08.2012 · 00:00 · 3 min
Transport Ministry Asks Headhunters To Drop Recruitment Of CEOs For State Companies
HR

Transport Ministry Asks Headhunters To Drop Recruitment Of CEOs For State Companies

The biggest campaign to recruit CEOs for state-owned companies subordinated to the Transport Ministry, which started a few days ago, risks to lose its credibility, after on Thursday represen...

Radu Bostan · 10.08.2012 · 00:00 · 1 min
Energy

Rompetrol Rafinare Board Chairman Steps Down

Romania’s second largest oil refinery Rompetrol Rafinare (RRC.RO) Tuesday said Yerzhan Orynbassarov has resigned his position of chairman of the board, being replaced by Azamat Zhangulov.

Florentina Dragu · 07.08.2012 · 17:47 · 1 min
BauMax Romania To Have New GM Starting September 1, 2012
Retail&Consumer

BauMax Romania To Have New GM Starting September 1, 2012

The operations in Romania of Austrian building materials retailer bauMax will be run, starting September 1, 2012, by Peter Eszényi, former director of expansion on the Romanian market for re...

Ecaterina Craciun · 06.08.2012 · 17:12 · 1 min