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Finance Ministry To Tweak Andrei Stamatian’s Appointment At CEC Bank
The Romanian Finance Ministry called a shareholder meeting at CEC Bank to appoint Andrei Stamatian as vice-president, since the central bank rejected his appointment as first vice-president,...
Cosmote Romania Appoints New Sales Operations Senior Manager
Telecom operator Cosmote Romania on Monday said it had promoted Alexandru Munteanu as Sales Operations Senior Manager starting with April 1.
Four Executive Changes In Pharmaceutical Industry. Are Others Set to Follow?
Four companies in the drug industry, GlaxoSmithKline (GSK), Eli Lilly, Farmexpert and MSD, have changed their management this year, which could amount to the start of a new wave of departure...
INS: Romania’s March Net Salary Up 5.6% M-M, To RON1,493
Romania’s net average salary in February was at 1,493 lei (EUR363), up 5.6% compared with the previous month, Romania’s statistics institute said Friday.
Ten EU Countries Maintain Labor Restrictions For Romanians
Ten European Union member states will retain some labor restrictions for Romanian and Bulgarian workers, four years after Romania and Bulgaria joined the EU.
Top Brands Distribution Boss: Layoffs Wouldn't Have Made Any Sense
Wael El Ghadban, one of the three biggest Lebanese investors in Romania, who controls Top Brands Distribution, with turnover worth above EUR320 million, says the biggest income of an employe...
MSD Romania Appoints New Managing Director
Pharmaceutical company Merck Sharp&Dohme (MSD) Romania has appointed Steve Warner as managing director starting this month, after Agata Jakoncic was promoted regional manager.
Mihai Ghyka's Post-Bergenbier Plans Don't Include Entrepreneurship
Mihai Ghyka, one of the best-known Romanian executives, has resigned as general manager of beer producer Bergenbier after a term of just one year and four months, and has been replaced by Je...
Romtelecom Chief Technology, Operations Officer Resigns Come June 30
The chief technology and operations officer of Romanian telecom provider Romtelecom, Wolfgang Breuer, will resign starting June 30, seeking new professional opportunities in Germany.