MANAGEMENT
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SIF Transilvania Renews Chief’s Mandate Until 2015
Regional investment fund SIF Transilvania (SIF3.RO) Monday extended by four years, until 2015, the mandate held by managing board president Mihai Fercala as general manager.
Finance Ministry To Tweak Andrei Stamatian’s Appointment At CEC Bank
The Romanian Finance Ministry called a shareholder meeting at CEC Bank to appoint Andrei Stamatian as vice-president, since the central bank rejected his appointment as first vice-president,...
Cosmote Romania Appoints New Sales Operations Senior Manager
Telecom operator Cosmote Romania on Monday said it had promoted Alexandru Munteanu as Sales Operations Senior Manager starting with April 1.
AutoItalia exits Stein era. Sales tripling, the new shareholder's target
Eighteen years after setting up the business, Herbert Stein is selling AutoItalia, one of the top local vehicle importers, to Israel's Mediterranean Car Agency.
MSD Romania Appoints New Managing Director
Pharmaceutical company Merck Sharp&Dohme (MSD) Romania has appointed Steve Warner as managing director starting this month, after Agata Jakoncic was promoted regional manager.
Romtelecom Chief Technology, Operations Officer Resigns Come June 30
The chief technology and operations officer of Romanian telecom provider Romtelecom, Wolfgang Breuer, will resign starting June 30, seeking new professional opportunities in Germany.
Mihai Ghyka Steps Down As Bergenbier CEO
Romanian brewer Bergenbier announced Tuesday that chief executive officer Mihai Ghyka resigned, and he will be replaced with Jens Hoesel, former chief sales officer of the StarBev group.
MOL Appoints New CEO At Romanian Unit
Hungarian oil and gas group MOL appointed Sunday Kinga Ágnes Daradics as chief executive officer and country retail manager of the Romanian subsidiary, replacing Szabolcs Ferencz.
BVB To Pay Dividend Of RON0.7 Per Share
Bucharest bourse operator BVB (BVB.RO) will pay a gross dividend of 0.7015 lei (EUR0.17) per share from the net profit achieved in 2010, according to a shareholder decision issued Friday.