IBM Romania has a turnover of over EUR70 million per year and around 1,500 employees.

Nistor will replace Bogdan Balaci, the former general manager of IBM Romania, who stepped down in October 2012.

According to ZF information, IBM decided to abolish the position of Country General Manager in Romania and on other markets such as Bulgaria and Croatia, so Valeriu Nistor is set to run the group’s Romanian operations as sales manager.

Valeriu Nistor could not be contacted for details and IBM Romania representatives did not answer ZF questions by deadline.

The new head of IBM Romania worked for ten years within Xerox as marketing manager for Central and Eastern Europe, subsequently as general manager of Xerox Romania and then as general manager of Xerox Austria. After that he set up Romanian-based Soar Management si Investitii together with other partners, a company specializing in the restructuring of companies, consultancy on mergers and acquisitions, and company buying.

(English version by Daniela Stoican)