MANAGEMENT
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Oltchim Board Member Resigns After SIF Oltenia Walkout
One managing board member at Romanian chemical company Oltchim (OLT.RO) resigned Thursday, since regional investment fund SIF Oltenia (SIF5.RO) left the company’s shareholding structure.
Intercontinental Appoints Alexander Adamescu As Board President
Shareholders of Romanian hotel company Intercontinental (RCHI.RO) appointed Alexander Adamescu as president, while other three persons supported by The Nova Group Investments were elected me...
Economy Ministry Names New CEO At Transelectrica
The Romanian Economy Ministry appointed Horia Hahaianu as chief executive officer at state-owned power grid operator Transelectrica (TEL.RO), replacing Stelian Gal, who will remain with the...
Boc: Romania Wants To Install Private Management In All State-Run Companies
The Romanian Government is considering installing private management in state-run companies with a view to improving their activity, Prime Minister Emil Boc said Thursday.
Teraplast Names Stefan Bucataru As General Manager
Plastic systems maker Teraplast (TRP.RO) has appointed Stefan Bucataru as general manager starting May 2, replacing Florin Radu Urite, who resigned citing personal reasons.
Aon Corporation Appoints New Chief At Romanian Office
International insurance broker Aon Corporation appointed Valentin Tuca at the helm of its Romanian office, in a decision pending regulator approval, people close to the matter said Wednesday...
Innova Capital Names New CEO At Provus, Romcard
Polish investment fund Innova Capital on Wednesday announced the appointment of Utku Ogrendil as chief executive officer of Romanian firms Romcard and Provus Service Provider, which the fund...
Economy Minstry To Install Private Management In 25% Of Its Companies
Romania's Ministry of Economy this month will begin procedures to install private management in a quarter of the companies under its authority.
SIF Oltenia Names New Board Chairman, GM
Romanian regional investment fund SIF Oltenia (SIF5.RO) Thursday appointed Tudor Ciurezu as new Board chairman and general manager of the fund, following the resignation of Vasile Salapa.