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Chairman Of Transelectrica Managing Board Replaced By Supervisory Board Head
Stefan Doru Bucataru, chairman of the Board of Directors of Romanian state-run power grid operator Transelectrica (TEL.RO) was replaced by Ion Toni Teau, head of the company’s Supervisory Bo...
KazMunayGas International Seeks To Hire 500 People This Year
KazMunayGas International, the former Rompetrol group, set out to hire more than 500 people by yearend, taking the total number of employees in Romania to over 6,000.
Coca-Cola HBC Romania Names Jaak Mikkel As New General Manager
Jaak Mikkel will be the new general manager of Coca-Cola HBC Romania, as of June 1, replacing Stephane Batoux, the company announced.
CEC Bank Head Says Finance Ministry Will Decide His Future
Romanian CEC Bank’s chief executive Radu Ghetea on Tuesday declined to comment about his possible replacement and said his future is in the hands of the Finance Ministry, the sole shareholde...
EximBank Appointed Dorin Badea As Treasury Head
Starting May, the treasury of state-owned bank EximBank will be headed by Dorin Badea, an expert in the field who held for a short time the position of vice-president of the recently set up...
Automotive Producer Hella Hired 700 People In Romania In Just A Year
German-held car part producer Hella, one of the 100 most valuable companies in Romania, will have over 2,200 employees in the Eastern European country at the end of the current fiscal year (...
Kaufland Doubled Revenue And Hired 5,000 People During The Crisis
German retailer Kaufland, which in 2011 became the leader of Romanian modern retail, almost doubled its revenue during the crisis, when it opened 44 stores and hired over 5,000 people.
Jobless Rate Among College Graduates Down To 7.1%
The unemployment rate among college graduates reached 7.1% at the end of last year, when 36,500 college graduates were looking for a job, according to Romania’s national employment agency AN...
Former BCR Director To Coordinate Hidroelectrica’s IPO
Euro Insol, legal administrator for Romania's insolvent power producer Hidroelectrica, has hired Stefan Frangulea, former director within local lender BCR, to coordinate the sale of Hidroele...