Tandareanu, who previously held this position between 2018 and 2022, is succeeding Bogdan Simion.
From 2022 onwards, Tandareanu has worked for the company SAIPEM as Rig Manager Offshore, where he coordinated the operations of two Jack-up Rig platforms of the fleet that operates in the Persian Gulf for Saudi ARAMCO.
Simion will still be part of the management team and will hold the role of CEO International, tasked with coordinating the international operations of FSV.
Foraj Sonde Videle has a market capitalization of RON148 million. Ziarul Financiar (ZF) daily reported on Nov. 3, 2024 that Iulian Stanciu, one of the best-known entrepreneurs in Romania, president of eMAG group, had entered the shareholding structure of Foraj Sonde Videle through the acquisition of a 33% stake from businessman Sever Raicu, via Inspire Asset Management SRL, in which, as per data on www.termene.ro, Iulian Stanciu has a 100% holding.
Foraj Sonde Videle’s shareholding structure includes Sever-Florian Raicu (a 58.6% stake) and First All Energy Europe (16.1%). The company ended the first half of 2024 with profit of RON6.3 million, lower than RON8 million reported in the year-earlier period. Its revenue dropped 37% on the year to RON48.7 million.