The decision was approved within the general meeting of shareholders of July 30, 2021.
The two Board administrators dismissed are Cristian Valentin Colteanu and Dumitru Florian Staicu, respectively.
Cristian Valentin Colteanu was state secretary within the Foreign Affairs Ministry, Romania’s Ambassador to Italy and had run for ten years, between 2007 and 2018, the General Electric division for Ro¬mania, Bulgaria and the Republic of Mol¬do¬va.
Dumitru Florian Staicu is a senator.
Frank Hajdinjak had run electricity and natural gas supplier E.ON Romania for ten years, until 2019. Hajdinjak came to Romania in 2004.
Chimcomplex Borzesti, held by Stefan Vuza, ended the first half of 2021 with a turnover of RON1.1 billion (EUR233 million), double against the level reported in the same period in 2020, and a net profit of RON282 million (EUR57 million), compared with a loss of RON27 million in the first half of 2020.
Chimcomplex Borzesti shares have been trading up 375% since the beginning of 2021, amid deals worth RON9.1 million. The company currently has a stock market capitalization of RON2.7 billion.