Prior to this appointment, Nekolar, 37, was the Romanian company’s chief financial officer starting 2008, when he joined the company.

Before coming to Romania, Nekolar has spent four years within Porsche Bank Group, in Vienna.

Porsche Finance Group started activity in Romania in 1999 and it grants funding for the purchase of vehicles sold by Porsche Romania, which sells Volkswagen, Seat, Skoda, Audi, Bentley and Porsche car brands.

In the first six months of this year, Porsche Finance Group issued funding worth EUR73 million, up 15% on the same interval of the previous year.