Pantazescu was named Board member in December 2012. He served as deputy technical manager for Vodafone Romania between 2004 and 2008.

Pantazescu also runs Direct One SA Bucuresti, wholesale services provider to large telecom operators.

Direct One is controlled by Pantazescu, with a 30.666% stake, Teofil Ovidiu Muresan (31.917%), Simion Adrian Muresan (31.917%) and others.

Posta Romana’s Executive Board includes Adrian Apolzan, Gelil Eserghep, Dinu Malacopol, Ion Smeeianu (the company’s general manager), Adrian Cighi and Marian Pantazescu.

The company is 75% owned by the Communications Ministry. Investment fund Fondul Proprietatea (FP.RO) controls 25% of the shares.

Posta Romana registered turnover of 1.26 billion lei (EUR0.28 billion) in 2012.

It had debts of RON568.2 million at the end of 2012, up 2.9% on the year.

The company employed 32,887 people last year, from 35,576 in 2008. (EUR1=RON4.4210)