Mircea Fulga is replacing Marcel Caruz who was appointed to the position of COO in October 2021.

Fulga joined Norofert team in February 2020 as Manager of Research and Development – Bio Division and coordinated the development of the organic inputs business line, through an efficient program to convert farmers from conventional to organic farming.

“Moreover, Mr. Fulga contributed to the process of including the trading of organic cereals in the service portfolio of the organic division within the Company, thus offering customers the opportunity to capitalize on organic production at advantageous prices, with partners from Western Europe”, the report reads.

NRF shares have declined by 4.5% since the beginning of 2021 amid deals worth RON1.9 million, ensuring a stock market capitalization of almost RON134.3 million.

Norofert is 39.4% held by Vlad Andrei Popescu, 33.1% owned by natural persons, 17.2% by Ileana Popescu, 11.6% by Marian Marius Alexe and 1.6% by legal entities.