“An internal memo was sent to company employees Monday,” the people said.
Contacted by MEDIAFAX, company representatives did not wish to comment.
Romanian communication minister Valerian Vreme said the appointment of Romtelecom’s next CEO needs to observe the company’s privatization agreement.
“There will be a meeting of Romtelecom’s managing board and shareholders. Personally, I have a good opinion about Stefanos Theocharopoulos, the current CEO of Cosmote Romania,” Vreme said answering a question on Theocharopoulos’ potential appointment as Romtelecom CEO.
The Communications Ministry holds a 45.99% stake in the telecom operator.
Theocharopoulos joined Cosmote Romania in 2008.
Ioannidis started his mandate within Romtelecom in the first half of 2007.
The company is owned by Greek group OTE and it is the largest local operator of fixed telephony.