Gabriela Matei Leaves Microsoft Romania After Two Years In Office
Microsoft Romania General Manager Gabriela Matei will leave the tech giant at the end of July after two years in office, the company said in a statement on Thursday.
Microsoft said Matei decided to continue her activity elsewhere, following two years as General Manager of its Romanian branch and six years within the company as a whole.
It also said her successor will be announced immediately after he/she has been appointed.
“During her term, Microsoft Romania’s cloud strategy was elaborated and implemented, and the company registered a generally powerful performance by supporting an ever-increasing number of customers and partners in approaching their digital transformation,” the tech giant said in a statement.
Microsoft has been operating in Romania since 1992, currently having two centers in the country, namely, a development center in Timisoara and a technical support center in capital Bucharest. (puterea.ro)
Alro Slatina Changes Share Sale Prospectus
Romanian aluminum producer Alro Slatina (ALR.RO) has changed the prospectus for the sale of shares on the capital market through an amendment released Thursday, which stipulates, among others, the extension of the subscription offer from July 16, 2018 until July 19, 2018.
Also, offering of up to 383,791,140 Offer Shares, by Vimetco N.V. and Conef S.A., at an Offer Price expected to be between RON 3.5 and RON 4 per Offer Share.
„Retail Investors must apply for Offer Shares at the fixed price of RON 4 (i.e. the top of the Price Range). Retail Investors are entitled to a discount of 7 (seven) % of the Offer Price for applications validly made during the Offer Period (i.e., from 2 July 2018 to 19 July 2018, included)”, according to Alro Slatina’s amendment.
Since the start the offering, from July 2 until July 12, retail investors had subscribed 6.2 million shares, which translates into a subscription level of nearly 11%, despite discounts during the first days, according to brokers.
Vimetco N.V. currently holds 84.2% of the shares in Alro, Conef holds 3.8%, and investments fund Fondul Proprietatea holds 1.2%.
Alro Group is one of the largest vertically integrated aluminum producers in Europe measured by production capacity with operations throughout all major stages of aluminum production. (romanialibera.ro)
Serena Williams Reaches Wimbledon Final For 10th Time
Williams makes her 10th Wimbledon final after defeating Goerges of Germany 6-2, 6-4 on Thursday to reach the Wimbledon final.
Angelique Kerber defeated Jelena Ostapenko 6-3, 6-3 to make it to her second Wimbledon final in three years. Williams will face Angelique Kerber in the Wimbledon women’s final on Saturday, July 14.
Williams has won 23 Grand Slams, one shy of Margaret Court’s all-time record of 24 singles Grand Slam titles. She has won Wimbledon seven times, including the last two times she played the event in 2015 and 2016. She missed the 2017 tournament as she was pregnant with her daughter Alexis Jr., who was born on Sept. 1 of that year. (romanialibera.ro)
Orban Blasts USR’s Decision To Invite Kovesi To Join The Party
Liberal president Ludovic Orban criticized the invitation launched to former top anticorruption prosecutor Laura Codruta Kovesi by the head of the opposition USR party Dan Barna for Kovesi to join USR.
Earlier this week, Barna proposed Kovesi to join USR, but pointed out it is too early to say whether the latter will be proposed to run in next year’s presidential elections on behalf of USR.
Romanian President Klaus Iohannis signed on Monday a decree dismissing top anticorruption prosecutor Laura Codruta Kovesi from office, enforcing a decision taken by the Constitutional Court in May. Kovesi, will continue her activity as a prosecutor within the country’s top anti-organized crime agency DIICOT, having been assigned to its Sibiu county bureau. (romanialibera.ro)