Tudorache, 55, motivated his decision on the desire to start personal projects, without giving any further details.
Nenad Marinkovic will take the helm of Sarantis Romania. Marinkovic was formerly general manager with Sarantis Bulgaria, as of 2005, and national sales manager with Sarantis Serbia, as of 2002.
Sarantis started operations in Romania in 1996, when it bought Romsar Cosmetics (later Sarantis Romania). The company’s product portfolio includes cosmetics, fragrances, homecare and car products, pet food and food supplements.
Sarantis forecasts 11% higher sales in 2012 compared with 2011, up to 178 million lei (EUR40 million). In 2011, the company’s sales decreased in local currency for the first time in 16 years.
Sarantis Romania is part of Greek Sarantis group with subsidiaries in Poland, Romania, the Czech Republic, Ungary, Bulgaria, Serbia and Bosnia.