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BRD Appoints New CEO. SocGen's Bulgarian Unit's Head To Take Over As Of September 1
Romania's second largest bank BRD-Groupe Societe Generale (BRD.RO) decided Friday to appoint Philippe Lhotte as the bank's chief executive officer and acting member of the Board starting Sep...
Metrorex Replaces General Manager
Gheorghe Udriste has been replaced from the position of general manager of Bucharest subway operator Metrorex and will serve as investment and public procurement manager within the company.
Penny Market CEO Quits After Driving Revenue To Over EUR400m
Frank Wagner, chief executive officer of discount retail chain Penny Market, part of Germany’s Rewe group, has quit his position after two years. Revenue went up to more than EUR400 million...
Renault's Romanian Vehicle Testing Center Gets New GM
Management of Renault's technical center in Titu, the only vehicle testing facility in Romania, has been taken over by Anica Muntean, previously the center's technical director, who replaced...
VP of Capital Market Regulator Earned 80% More In 2011
Carmen Negoita, vicepresident of the National Securities Commission (CNVM), the authority that supervises the capital market, earned 80% more in 2011 - 637,937 lei (EUR151,887), according to...
Premium Car Sellers Have Most Profitable Employees
Importers of expensive cars had the most profitable employees last year. Each person working for BMW Group Romania, Porsche Romania and Mercedes-Benz Romania generated EUR45,000 to EUR550,00...
Transport Ministry Selects GM Headhunters For Companies Under Its Authority
Romania’s Transport Ministry selected consortium PwC/D&B David and Baias/George Butunoiu to recruit private general managers and managing board members for the companies under its authority...
Trenkwalder Romania Eyes 15% Higher Turnover In 2012
Personnel service provider Trenkwalder Romania estimates its turnover will increase 15% year-on-year in 2012, largely supported by higher revenue from temporary staffing services, the compan...
Former UPC, Coca-Cola Manager Appointed CEO Of Paint Maker Fabryo
Dragos Militaru, former manager in cable company UPC Romania and in Coca-Cola HBC, will take over as CEO of paints producer Fabryo Corporation on August 1, replacing Aliz Kosza, who has mana...