MANAGEMENT
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Oltchim Appoints Two Interim Board Managers
The Managing Board of Romanian state-owned chemical producer Oltchim (OLT.RO) on Thursday appointed Mihai-Radu Saptefrati și Nicolae Rotileanu as interim directors, replacing Karoly Borbely...
Oltchim's Chairman Resigns
Karoly Borbely, a former secretary of state with the Economy Ministry, resigned from the Board of Romanian state-owned chemical producer Oltchim (OLT.RO), which he chaired, citing personal r...
ING Romania Implements Two-Tier Board Structure, With Misu Negritoiu As Chairman
ING Bank Romania, the local unit of Dutch-registered ING Bank NV, will move from a single-tier board structure to a two-tier one starting with this fall, when the bank’s chief officer Misu N...
Government Drops Advisors Involved In Bringing Private CEOs To State-Run Companies
The consortium made up of executive search company Pedersen&Partners, law firm NNDKP and strategic management advisory Roland Berger, which was appointed in September last year to help the E...
Ponta Replaces Head Of Energy Regulator
Dan Iulius Plaveti has been recalled as president of Romania's National Energy Regulations Authority, by order of Prime Minister Victor Ponta, and replaced with Niculae Havrilet, former head...
Hidroelectrica CEO Replaced With Former CEZ Executive
Dragos Zachia, chief executive officer of Romanian hydropower producer Hidroelectrica, will be replaced by Stefan Gheorghe, a former executive in the CEZ Romania group.
Transelectrica Wants Dual Board System
Romanian power grid operator Transelectrica (TEL.RO) Wednesday proposed giving up its unitary board system in favor of a dual system, the company said in a call to shareholders.
Transelectrica Names New General Manager
Romanian state-run power grid operator Transelectrica (TEL.RO) has appointed Marius Ion Mateescu as the new general manager, the company said in a statement Wednesday.
Ponta Appoints New Head At Mineral Resources Agency
Romanian Prime Minister Victor Ponta has appointed Gheorghe Dutu to the position of president of the National Mineral Resources Agency ANRM.